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Below is an in-depth analysis and side-by-side comparison of The Cream & Fudge Factory vs Kona Ice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,000 - $250,000 | $145,600 - $169,200 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 6% | $3K-$4K/yr. |
Advertising Fee | 2%local +2%Nat'l | $500/yr. |
Year Founded | 2005 | 2007 |
Year Franchised | 2005 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Liquid Cash Requirement: $20,000 - $40,000 |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/No |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 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. | KONA KOLLEGE Your Kona Ice journey begins with an all expense paid trip to the training program at the Kona Corporate Headquarters. You'll gain firsthand knowledge in the following: - Marketing strategies from our corporate marketing team & veteran franchisees - Day-to-day operations from one of the largest franchises, which is housed at corporate - Meet your support staff - Initial setup of your business & social media marketing - No holds barred Q&A with the owner & CEO, Tony Lamb On-The-Job Training: 16-20 hours |
Support | 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. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
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. | Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
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.
We have a question for you. What decides the achievement of an establishment? Is it luck? Happenstance? Why was Kona Ice positioned #1 New Franchise in Entrepreneur Magazine alternately considerably more vitally, Highest in Franchisee Satisfaction by TWO separate organizations? We think we may know why. Not each thought is establishment commendable. Not everybody can offer the support. So why are a few ideas right away effective and others simply aren't?
Here at Kona Ice, we know why we've succeeded and achieved the position of the #1 New Franchise (Entrepreneur Magazine 2013), beat in Franchisee Satisfaction (Establishment Business Review and Franchise Update), and named one of the quickest developing establishments in the nation directly behind McDonald's (Entrepreneur Magazine).
We don't believe it's fortunes by any means. It's the blend of a new idea, solid corporate support with a dream, and a craving to improve the world as a place.
So you might be knee somewhere down in the diversifying procedure with huge amounts of inquiries, yet we have only one for you. Why not join Kona Ice?
5 REASONS WHY KONA ICE IS DIFFERENT
1 Fixed Royalty: No punishments for succeeding.
2 Extremely Quick Startup: We'll have you up and running in 30-60 days.
3 Incredibly Low Overhead: Approx. 6% nourishment cost in an industry with a normal of 32%.
4 Proprietary Nutritional Product: An item that must be found at Kona Ice that is meeting the greater part of the government nourishing gauges.
5 Community Involvement: With over $25 million given back, our groups have held onto us as the best gathering pledges instrument.
If it's not too much trouble Note: The administrators of Kona Ice, might not have checked the precision of the Franchise data contained inside this site. For precise forward data, financial specialists are unequivocally prescribed to visit the authority Kona Ice site.