Ben & Jerry's vs I-CE-NY Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ben & Jerry's vs I-CE-NY including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$152,200 - $546,800 | $146,400 - $404,300 |
Franchise Fee |
$16,000 - $37,000 | $25,000 |
Royalty Fee |
3% | 4% |
Advertising Fee |
4% | - |
Year Founded |
1978 | 2015 |
Year Franchised |
1981 | 2016 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
50% of then current fee | - |
Business Experience Requirements |
Experience |
Are socially conscious, and active in your community.
Are passionate about operating an ethical, responsible business.
Will apply your full-time best efforts to the business.
Have at least two years of business management experience with P&L responsibility.
Have excellent business acumen, project management skills, and the ability to build and execute a business plan.
Are systems-oriented, and understand and value a franchise system.
Have the ability to recruit, train, and motivate staff, according to our standards.
Have a competitive drive and are committed to succeed, with realistic expectations.
Demonstrate honesty, integrity and humility and are a team player.
Possess strong interpersonal and communication skills and are fluent in English.
Know how to use a computer and apply technology.
Have a college degree or higher (preferred).
Have a strong credit history and a minimum net worth of $350,000, with $100,000 in liquidity (cash and securities, not including retirement accounts). | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
We’ve got a great recipe for operating a scoop shop, and a world-class team to provide “scoop-to-nuts” expertise.
We guide you every step of the way, beginning with your search for the right location, to training, to marketing, and to ongoing operational support for the life of your business.
On-The-Job Training: 24 hours
Classroom Training: 35 hours
| - |
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| - |
Marketing |
Ad Templates
National Media
Regional Advertising
Social media
Website development
Email marketing
| - |
Operations |
75% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
No | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
Company Overviews
About Ben & Jerry's
Ben & Jerry's is named for its founders, Ben Cohen and Jerry
Greenfield, who grew up together in Merrick, Long Island. In 1978, they
took a $5 correspondence course on ice-cream-making, then leased an old
gas station building in Burlington, Vermont to open their first ice
cream shop. Ben & Jerry’s has over 580 franchised ice cream scoop shops and PartnerShops worldwide. We have over 350 scoop shops in the United States and over 350 scoop shops Internationally.
Seeking new franchise units in Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii,
Illinois, Kansas, Massachusetts, Maryland, Maine, North Carolina, New
Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Virginia, Wisconsin, Australia/New Zealand, Canada and Western
Europe.
#63 in Franchise 500 for 2020.
#138 in Franchise 500 for 2021.
About 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.