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Below is an in-depth analysis and side-by-side comparison of Tastee Freez vs UFood including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,000 - $900,000 | $415,500 - $598,500 |
Franchise Fee | $10,000 - $20,000 | $35,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3%local + 1% Nat'l | 2% |
Year Founded | 1950 | 0 |
Year Franchised | 0 | 2014 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
Support | - | Ongoing support |
Marketing | - | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Tastee Freez is ready to grow an exciting and energetic concept. Tastee Freez still offers the traditional great tasting treats and grilled items that made us famous with state-of-the-art equipment and new brand imaging. Now is the time to join the Tastee Freez family!
In addition to our traditional Tastee freez concept, Tastee Freez also offers an exciting co-branding opportunity for existing restaurant concepts. For an initial fee of $5,000 you can add Tastee Freez soft serve to your existing restaurant menu. All other fees remain the same. You need only four linear feet to add Tastee Freez to your concept.