Abbott's Frozen Custard vs I Can't Believe It's Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs I Can't Believe It's Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Abbott's Frozen Custard Franchise
I Can't Believe It's Yogurt Franchise
Investment $332,254 - $571,634$110,000 - $203,000
Franchise Fee $37,000$15,000
Royalty Fee 5.5%0
Advertising Fee 0.19Cents/Gal.2.3%
Year Founded 19021977
Year Franchised 19771983
Term Of Agreement 10 years10 years +10
Term Of Agreement 10 years10 years +10
Renewal Fee --


Business Experience Requirements

 
Abbott's Frozen Custard Franchise
I Can't Believe It's Yogurt Franchise
Experience --

Financing Options

 
Abbott's Frozen Custard Franchise
I Can't Believe It's Yogurt 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
I Can't Believe It's Yogurt 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.1. Corporate Headquarters 10 Days 2. Store 1 Week
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)

Average Number of Employees: 2 Full-time, 6 Part-time

Passive Ownership: Allowed, But Discouraged


Expansion Plans

 
Abbott's Frozen Custard Franchise
I Can't Believe It's Yogurt Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

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 I Can't Believe It's Yogurt

Through nearly 5,000 franchises, CoolBrands International Inc., formerly known as Yogen Fruz World-Wide, Inc. sells frozen yogurt and ice cream, including I Can't Believe It's Yogurt, in Canada, the United States, and 80 other countries worldwide.


Read more: https://www.referenceforbusiness.com/history2/8/CoolBrands-International-Inc.html#ixzz6sXAAkdGS
Traditional Franchises: We are actively looking for single store franchisees in over 20 countries. Development Agreements: On a selective basis, we enter into Master Franchise exclusive development agreement with companies who are interested in bringing the I Can't Believe It's Yogurt experience to new markets. We are actively looking for master franchisees for any country worldwide and most States in the USA.
 
I Can't Believe It's Yogurt is committed to developing innovative new products prompting customers to return again and again - keeping I Can't Believe It's Yogurt ahead of the competition, constantly refreshing the business with new flavors.