16 Handles vs The Cream & Fudge Factory Franchise Comparison

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

Start-Up Costs and Fees
 
16 Handles Franchise
The Cream & Fudge Factory Franchise
Investment $274,500 - $735,000$85,000 - $250,000
Franchise Fee $30,000$25,000
Royalty Fee 6%6%
Advertising Fee 2%2%local +2%Nat'l
Year Founded 20082005
Year Franchised 20102005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 10% of the then franchise fee-


Business Experience Requirements
 
16 Handles Franchise
The Cream & Fudge Factory Franchise
Experience Experienced business people, franchisees, and multi-unit operators-

Financing Options
 
16 Handles Franchise
The Cream & Fudge Factory Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
16 Handles Franchise
The Cream & Fudge Factory 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 The Cream & Fudge Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. The Cream & Fudge Factory also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store.
Support As 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. The Cream & Fudge Factory will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of The Cream & Fudge Factory's proven systems.
Marketing - The Cream & Fudge Factory has ready-to-use proven promotions that can be adapted and implemented in your market. The Cream & Fudge Factory also has a professional team of graphic designers that can design specific promotions to meet your requirements.
Operations A Franchise Business Consultant will be assigned to your store to assist with all business operations-

Expansion Plans
 
16 Handles Franchise
The Cream & Fudge Factory Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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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About The Cream & Fudge Factory

The Cream & Fudge Factory offers super premium smooth and creamy ice cream, made fresh. After the customer selects their favorite flavors, the ice cream is hand folded on a frozen marble stone with the customer's choice of mix-ins of nuts, fruits, candies and fudge. In addition to allowing customers to create their own combinations, The Cream & Fudge Factory has a menu of proprietary and innovative creations made at the stores for customers to enjoy fresh. The company also offers take-away ice cream in pints and ice cream cakes. The minimum size for a shop is 50sqm up to 100sqm. In 2005, "The Cream & Fudge Factory" was launched and became part of the portfolio of Global Franchise Architects. Using its Swiss expertise and its worldwide research and development capabilities, in just 3 short years it has expanded its operations in Thailand, India, Indonesia, Oman, and Vietnam. The Cream & Fudge Factory prides itself on serving the highest quality premium ice cream blends, homemade waffle bowls & cones, innovative recipes, a wide range of mix-ins and like all GFA brands, its undying dedication to enhancing the customer experience worldwide. An upscale and world class experience in the super premium ice-cream mix-in category, The Cream & Fudge Factory offers a luxurious atmosphere where customers can enjoy our carefully mixed creations or customize their own. The Cream & Fudge Factory is the ideal environment in which to enjoy such pleasures, where cool contemporary styling and casual comfort complete a thoroughly dreamy all-round ice cream experience.