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Updated RecentlyIcebox/Soupbox Franchise
Combination soup/frozen dessert restaurant
Before opening his first store, Jamie Taerbaum stood outside a Baskin-Robbins store to figure out how many customers an ice cream store could expect at different times of day, on different days of the week, and in different weather conditions. Armed with this research, the young business school graduate opened the original Icebox/Soupbox store in 1995 in Chicago.
In the spring and summer, Icebox operates as a retailer of Icyfruit, a mixture of fruit juice, sugar, water and chunks of fruit that comes in 20 flavors. Throughout the fall and winter, it becomes a Soupbox store, offering a wide variety of soups.
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How much does it cost to open a Icebox/Soupbox Franchise?
The investment required to open a Icebox/Soupbox Franchise is between $69,500-$174,500. There is an initial franchise fee of $14,000-$20,000 which grants you the license to run a business under the Icebox/Soupbox name.
Individual Unit Costs
- Initial Investment:
$69,500-$174,500 - Initial Franchise Fee:
$14,000-$20,000 - Royalty Fee:
4% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
Negotiable
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Reasonable Prices And Try-before-you-buy
In the summer this Lakeview spot is known as Icebox, serving Italian ice. In the fall it is transformed into Soupbox, where a dozen different soups are offered each day. Favorites include lobster bisque and chicken soup with wild rice. Reasonable prices and a try-before-you-buy policy help make this...
Soup's On!
Last month, locked in the deep freeze, we put out a call for your favorite soup spots. Thanks to all who participated - the response was, well, warming. There wasn't much of a consensus, but several Raters favored a little place on Broadway called the Soupbox. And we have a soup scoop for you: anoth...
Icebox/Soupbox News & Press Releases
When did Icebox/Soupbox start Franchising? 1998
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 1 | 0 | 0 | 1 |
| 2004 | 1 | 0 | 0 | 1 |
| 2003 | 1 | 0 | 0 | 1 |
| 2002 | 1 | 0 | 0 | 1 |
| 2001 | 1 | 0 | 0 | 1 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, Regional advertising
0% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Business Experience:
Your income potential as a Icebox/Soupbox Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for Icebox/Soupbox and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing an Icebox/Soupbox franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Icebox/Soupbox
Icebox/Soupbox
2943 N. Broadway
Chicago,
IL
60657