Icebox/Soupbox vs 16 Handles Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Icebox/Soupbox vs 16 Handles including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Icebox/Soupbox Franchise
16 Handles Franchise
Investment $69,500 - $174,500$274,500 - $735,000
Franchise Fee $14,000 - $20,000$30,000
Royalty Fee 4%6%
Advertising Fee -2%
Year Founded 19952008
Year Franchised 19982010
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee Negotiable10% of the then franchise fee


Business Experience Requirements

 
Icebox/Soupbox Franchise
16 Handles Franchise
Experience
  • General business experience
  • Experienced business people, franchisees, and multi-unit operators

    Financing Options

     
    Icebox/Soupbox Franchise
    16 Handles Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Icebox/Soupbox Franchise
    16 Handles Franchise
    Training -2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesAs a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond.
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    A Franchise Business Consultant will be assigned to your store to assist with all business operations

    Expansion Plans

     
    Icebox/Soupbox Franchise
    16 Handles Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Icebox/Soupbox

    Before opening his first store, Jamie Taerbaum stood outside a Baskin-Robbins store to figure out how many customers an ice cream store could expect at different times of day, on different days of the week, and in different weather conditions. Armed with this research, the young business school graduate opened the original Icebox/Soupbox store in 1995 in Chicago.

    In the spring and summer, Icebox operates as a retailer of Icyfruit, a mixture of fruit juice, sugar, water and chunks of fruit that comes in 20 flavors. Throughout the fall and winter, it becomes a Soupbox store, offering a wide variety of soups.

    About 16 Handles

    The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19

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