The Cream & Fudge Factory vs Handel's Homemade Ice Cream Franchise Comparison

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

Start-Up Costs and Fees

 
The Cream & Fudge Factory Franchise
Handel's Homemade Ice Cream Franchise
Investment $85,000 - $250,000$234,500 - $814,500
Franchise Fee $25,000$50,000
Royalty Fee 6%6%
Advertising Fee 2%local +2%Nat'l-
Year Founded 20051945
Year Franchised 20051989
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
The Cream & Fudge Factory Franchise
Handel's Homemade Ice Cream Franchise
Experience -In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000.

Financing Options

 
The Cream & Fudge Factory Franchise
Handel's Homemade Ice Cream Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Cream & Fudge Factory Franchise
Handel's Homemade Ice Cream Franchise
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.On-The-Job Training: 120 hours Classroom Training: 4 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.Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
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 Social media Website development Email marketing
Operations -Number of Employees Required to Run: 25

Expansion Plans

 
The Cream & Fudge Factory Franchise
Handel's Homemade Ice Cream Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Handel's Homemade Ice Cream

"Handels

Handel's Homemade Ice Cream & Yogurt is a popular ice cream company franchise founded by Alice Handel in 1945 in Youngstown, Ohio. As of 2020, the company was operating 50 corporate and franchise stores in nine states. Today, it is owned by Leonard Fisher and maintains a corporate headquarters in Canfield, Ohio.

The total investment necessary to begin operation of a Handel’s Franchise ranges from $234,500 to $714,500. This includes between $170,000 and $230,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.

"Entrepreneur
#385 in Franchise 500 for 2020.