| ||||
Updated RecentlyRitter's Frozen Custard vs Fiasco Gelato Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ritter's Frozen Custard vs Fiasco Gelato including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $369,000 - $1,100,000 | $150,000 |
| Franchise Fee | $27,500 | $25,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 4$ |
| Year Founded | 1990 | 2005 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | 50% of the then current franchise fee |
Business Experience Requirements |
||
| Experience | - | |
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 | - | 7 days at corporate office up to 14 days onsite at franchise location |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
70% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Ritter's Frozen Custard
About Fiasco Gelato
Italian-inspired, Fiasco Gelato is designed to satisfy the increased consumer demand for healthier, refreshing treats and a cool, sophisticated European atmosphere. With a range of delicious gelato and sorbetto desserts that are healthier and more flavor-filled than traditional ice-cream, Fiasco Gelato attracts a wide variety of consumers - from parents and children looking for healthier desserts to students and young professionals looking for a fresh alternative to the same old, same old. Fiasco combines delicious, high-quality, health-conscious desserts and a refined, hip aesthetic. From storefronts situated in high-traffic, downtown thoroughfares, to funky Fiasco kiosks placed in suburban shopping districts, the Fiasco Gelato brand proves irresistible to passers-by. As a new brand with high-growth potential that thrives in diverse commercial contexts, we're looking to expand Fiasco Gelato into a variety of new locations. If you're an ambitious, passionate entrepreneur with experience in food operations and a taste for hands-on management, pick up the phone and call FranWorks to find out more about exciting Fiasco Gelato opportunities.