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Below is an in-depth analysis and side-by-side comparison of FrozenPeaks vs sweetFrog including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $450,000 - $830,000 | $95,600 - $477,500 |
Franchise Fee | $35,000 | $15,000 - $30,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1.5% |
Year Founded | - | 2009 |
Year Franchised | - | 2012 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | Initial training, ongoing training, and ongoing support as deemed needed. | On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Frozen Peaks National Consumer website is part of your monthly Marketing and Technology Fund Fee which also contains each franchisee’s individual Micro-Site. The purpose of the National Consumer website is to establish and promote the Frozen Peaks brand to attract retail business for our franchisees. Visitors to the website will encounter the Franchisee Location Finder, allowing them to find the Frozen Peaks nearest to them. You will be provided your own individual, personalized location Micro-Site for your franchise. | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | - | No |
International Expansion | - | No |