| ||||
Updated RecentlyMr. Smoothie vs Handel's Homemade Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Handel's Homemade Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $87,650 - $377,400 | $234,500 - $814,500 |
| Franchise Fee | $20,000 | $50,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | to 2% | - |
| Year Founded | 1993 | 1945 |
| Year Franchised | 2001 | 1989 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | On-The-Job Training: 120 hours Classroom Training: 4 hours |
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Ad slicks | Ad Templates Social media Website development Email marketing |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 6
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | Number of Employees Required to Run: 25 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Mr. Smoothie
Ready to own TWO of the fastest Growing Franchise Concepts Under ONE Roof?
Then Mr. Smoothie & Frozen Yogurt may be the Franchise for YOU!
Mr. Smoothie, with over 26 years in business in 7 states, is the first Multi- State Franchise system to bring both:
Real Fresh Fruit Smoothies and Self Service Frozen Yogurt Under one Roof.
Since 1996, Mr. Smoothie has been serving the
Freshest and most delicious Smoothies, Juices and everyone’s favorite
frozen treats
Mr. Smoothie’s locations are where our customers "Work, Live and Play” helping to accommodate today’s hectic schedules and healthy lifestyles.
We continually work with our vendors to ensure our locations are supplied with the freshest and healthiest products while delivering the best value to our customers.
Mr. Smoothie’s locations are where our customers "Work, Live and Play” helping to accommodate today’s hectic schedules and healthy lifestyles.
We continually work with our vendors to ensure our locations are supplied with the freshest and healthiest products while delivering the best value to our customers.
Reqirements:
*Net worth of $200k and $50k liquid
*Real Estate, Design & Build Out Assistance
*All formats: Malls, Strip Centers, Airports & Universities
*Simple & Easy to Learn Operations
*On Site Training & Ongoing Store Support
*Menu items for everyone in the family and all throughout the day
*National Proprietary Food Vendor for bulk purchasing power
*Single Store, Multi-Unit and Area Developers welcomed
About Handel's Homemade Ice Cream
!["Handels]("https://handelsicecream.com/wp-content/uploads/2020/05/HandelsLogo.Header.png")
Handel's Homemade Ice Cream & Yogurt is a popular ice cream
company franchise founded by Alice Handel in 1945 in Youngstown, Ohio.
As of 2020, the company was operating 50 corporate and franchise stores
in nine states. Today, it is owned by Leonard Fisher and maintains a
corporate headquarters in Canfield, Ohio.
The total investment necessary to begin operation of a Handel’s
Franchise ranges from $234,500 to $714,500. This includes between
$170,000 and $230,000 that must be paid to the franchisor or their
affiliates.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}