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Below is an in-depth analysis and side-by-side comparison of Wendy's Milk Bar vs HipPOPs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 - $210,000 | $245,175 - $351,450 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 1979 | 2012 |
Year Franchised | 0 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood � they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you�re already well on your way to meeting the needs of becoming a Wendys franchisee. | - |
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 | When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs. | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
Support | Wendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees. | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
Marketing | As a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns � all designed to achieve excellent cut-through within our key target demographics. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
We've got the mobile Gelato Ice Cream Franchise POP-ortunity you've been looking for. The first mobile Gelato Ice Cream on a stick franchise of its kind! The frozen ice cream business, reimagined... HipPOPs is gourmet, handcrafted gelato on a stick, delivered to the people. Building on the success of the original HipPOPs mobile ice cream business model - and a passion for delivering handcrafted awesomeness - to people everywhere, HipPOPs is now offering franchise opportunities. *Mobility means profitability *Multiple revenue streams, year-round sales. *Flexible business model *Reduced overhead, lean staffing, no retail or mall hours, no long or expensive rental commitments. *Proprietary recipes and quality product *High-quality ingredients, locally sourced when possible, handcrafted artisan approach. *Catering and POP-up gelato bars *Endless possibilities for special events in any season, from weddings to bar mitzvahs, to corporate functions and more. *Advertising on wheels The POPtruck is also a billboard, providing maximum exposure every time you are out on the street. Growth market Ice cream and frozen novelty business is expected to reach $12.7 billion in sales over the next five years. What to expect in a typical day: 1. Make some POPs: Spend a few hours creating product in your own Micro Creamery. 2. Work the phone: Field calls about catering opportunities and events, spend time on the phone with customers to schedule bookings. 3. Hit the streets: Vend from the POPtruck at scheduled music festivals, golf tournaments, food truck events, arts and crafts fairs and more in the evening. 4. Cater an event: Serve at a catering event or POP-up gelato social (or both!) later in the day.