Mr. Smoothie vs I-CE-NY Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs I-CE-NY including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Smoothie Franchise
I-CE-NY Franchise
Investment $87,650 - $377,400$146,400 - $404,300
Franchise Fee $20,000$25,000
Royalty Fee 5%4%
Advertising Fee to 2%-
Year Founded 19932015
Year Franchised 20012016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Smoothie Franchise
I-CE-NY Franchise
Experience --

Financing Options
 
Mr. Smoothie Franchise
I-CE-NY Franchise
  In-House/3rd PartyIn-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
 
Mr. Smoothie Franchise
I-CE-NY Franchise
Training --
Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Ad slicks-
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)

-

Expansion Plans
 
Mr. Smoothie Franchise
I-CE-NY Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

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.
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 I-CE-NY

"I-CE-NY

I-CE NY (I-See-en-why) is the original rolled ice cream from Thailand. In 2011, rolled ice cream or smashed ice cream was firstly introduced to the world under the brand "I-TIM-PAD" (or ไอติมผั in Thai). The company quickly stormed Thailand with 30 franchise vendor locations in the first six months. Now, it’s grown to over 250 locations all over Thailand, and Asia continent including Cambodia, Laos, Indonesia etc. In 2015, we’ve crossed the Pacific and established our first store in New York City, called I-CE-NY.
7 ice cream base flavors + 20 mix-in ingredients + more than 32 toppings = endless opportunities to challenge your creativity.

The total investment necessary to begin operation of a single I-CE-NY shop is $146,400 to $404,300. This amount includes $30,500 to $40,500 that is payable to the franchisor and their affiliates.
The total investment necessary to begin operation under a three to five unit Multi-Unit Development Agreement is $53,000 to $80,000. This includes $50,000 to $75,000 that must be paid to the franchisor. There is no minimum number of  shops that you are required to develop under the Multi-Unit Development Agreement.