16 Handles vs Hokulia Shave Ice Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Hokulia Shave Ice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$274,500 - $735,000 | $81,500 - $133,500 |
Franchise Fee |
$30,000 | $27,900 - $50,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
2% | 2% |
Year Founded |
2008 | 2008 |
Year Franchised |
2010 | 2012 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
10% of the then franchise fee | - |
Business Experience Requirements |
Experience |
Experienced business people, franchisees, and multi-unit operators | - |
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 |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
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. | - |
Marketing |
- | - |
Operations |
A Franchise Business Consultant will be assigned to your store to assist with all business operations | - |
Expansion Plans |
US Expansion |
Yes | No |
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
#72 on Franchise Rankings.com
About Hokulia Shave Ice
So you're ready to start your own business, become your own boss, and control your own destiny. Congratulations - you've made the right choice. Now, you've got a few other choices to make - like with whom to work to help you achieve your dreams.
Hokulia Shack has been serving the taste of Aloha since 2008 with our first shave
ice shack in Provo, Utah. Nine years later we have partnered with Farr’s
Ice Cream and grown to over 80 locations. We’re growing from seasonal
shacks, to in-line stores to bring you a taste of Hawaii all year long!
Minimize your INV, Maximize your ROI
We are offering packages of 3-5 units that include a protected territory for each shack. When you consider the low starting cost and the great sales potential, this is a great opportunity to maximize your ROI.
Oceans of Fun
We have Oceans of fun at the Hokulia Shack! There's nothing like the experience of building a business and having fun doing it. Watching the smiles on your customer's faces as you satisfy and delight them is both rewarding and profitable.
Island Love Back Home
Clint and Stefani Severson, the owners of the first Hokulia Shack Ice shack, know the secrets of Success and they are now, with the help of the Farrs Ice Cream Company, ready to share them with others through the magic of franchising.
Financial Strength
You will be working with a company that brings you the most authentic Hawaiian Shave Ice product on the mainland in the industry. Our sales have skyrocketed each and every year. We are backed by the Farr's Ice Cream Company, who have the experience, expertise and most importantly the financial strength that will allow you to reach your financial dreams and earn your just desserts.
On Your Own but not Alone
You're on your own but not alone, in business for yourself, but never by yourself. We have a proven track record for business success. We are the provider of marketing and advertising materials, on-going communication and training, product education, and an annual national convention. Hokulia Shack/Farr's give you the support tools and corporate professional team of experts with over 80 years of franchising experience you need to jump start your new business. We also provide assistance finding good locations through our association with a national commercial brokerage.
Ease of Operation
Our state of the art shacks, our ease of menu preparation and our ordering of product, make multiple shack operations possible. We also offer thorough training both on-site and in our training facility. We will help you understand the secrets of operating a successful business. This includes proper accounting procedures and inventory control.
As an example - your cost of goods will be lower because we are the manufacturer of the product. No middleman to worry about. Our inventory list is short and easily manageable, and our operations allow for minimum labor costs as well. That means not only Ease of Operation but also Greater Profits.
Hang Loose at the Shack
Let us help you get started in a low cost business opportunity that will offer you the chance to achieve great profits while providing your customers with the greatest Hawaiian Shave Ice experience on the Mainland. Our recipes that combine our high quality Ice Cream cores with our proprietary ice shaving process are what make us unique.
Veteran Incentives
10% off franchise fee