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Updated RecentlyKona Ice vs Handel's Homemade Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kona Ice 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 |
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| Investment | $145,600 - $169,200 | $234,500 - $814,500 |
| Franchise Fee | $15,000 | $50,000 |
| Royalty Fee | $3K-$4K/yr. | 6% |
| Advertising Fee | $500/yr. | - |
| Year Founded | 2007 | 1945 |
| Year Franchised | 2008 | 1989 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Liquid Cash Requirement: $20,000 - $40,000 | 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 |
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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 | 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 | On-The-Job Training: 120 hours Classroom Training: 4 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing | Ad Templates Social media Website development Email marketing |
| Operations | - | Number of Employees Required to Run: 25 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Kona Ice
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.
Veteran Incentives 10% off franchise fee
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About Handel's Homemade Ice Cream
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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.