Abbott's Frozen Custard vs Shave It Inc Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Shave It Inc including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Abbott's Frozen Custard Franchise
Shave It Inc Franchise
Investment $332,254 - $571,634$170,000 - $365,000
Franchise Fee $37,000$35,000
Royalty Fee 5.5%5%
Advertising Fee 0.19Cents/Gal.2%
Year Founded 1902-
Year Franchised 1977-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Abbott's Frozen Custard Franchise
Shave It Inc Franchise
Experience --

Financing Options
 
Abbott's Frozen Custard Franchise
Shave It Inc Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Abbott's Frozen Custard Franchise
Shave It Inc Franchise
Training 3 days at Scoop School and 10 days of on-site training at your location, where we teach you everything you need to know to operate and manage an Abbott's Frozen Custard store.-
Support Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks-
Operations

Number of employees needed to run franchised unit: 4 - 6

Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

-

Expansion Plans
 
Abbott's Frozen Custard Franchise
Shave It Inc Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Abbott's Frozen Custard

Abbott's Frozen Custard has stood for quality for over 100 years in Upstate New York. Back in the 1920s, people started treating themselves to Abbott's Frozen Custard down at Charlotte Beach on Lake Ontario. Today, the company has grown with franchises spreading out in Rochester, Syracuse and New York's Finger Lakes region. No matter where our stores are located, success has come about because our driving principle is to make the best frozen custard on earth .

The total investment necessary to begin operation of an Abbott’s Frozen Custard franchise is between $332,254 and $571,634. This includes an initial franchise fee of $37,000, and other initial fees of $138,354 to $156,801 that must be paid to the franchisor or affiliates for your first Abbott’s Store.
If you choose to enter into a Development Agreement, you must open a minimum of three stores. The total investment necessary under the Development Agreement is between $996,762 to $1,714,902. This includes $111,000 and other initial fees of $415,062 to $470,403 that must be paid to the franchisor or affiliates to open three stores.

About Shave It Inc

Karen Bain and Lisa Kudirka, with a half-dozen kids between them and a shared passion for shave ice, decided to make shave ice hip and trendy. They started small at school fundraisers where their creations were such an overwhelming hit, that it encouraged them to "jump in" and "Go Big or Go Home". Soon thereafter, the first Shave It store was launched in Southern California. Shave It was an immediate hit with lines out the door that continue to this day. "Going Big" not only meant launching one new concept, it meant two. The Shave It Mobile Ice Van debuted six months later, giving them the unique ability to drive to their customers. Next on the list came the creation of a charitable foundation, Foster a Miracle, a never-ending fundraising network that grants wishes to foster children with Shave It store revenue. Somehow knowing that a small portion of your Shave It will go to Foster a Miracle makes that Shave It melt your heart, while it melts in your mouth. Today Shave It is taking it to the next level...Franchising. The Shave It concept is on fire!