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Updated RecentlyAbbott's Frozen Custard vs Spoon Me Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Spoon Me including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $332,254 - $571,634 | $240,000 - $533,000 |
| Franchise Fee | $37,000 | $25,000 |
| Royalty Fee | 5.5% | 6% |
| Advertising Fee | 0.19Cents/Gal. | - |
| Year Founded | 1902 | 2007 |
| Year Franchised | 1977 | 2008 |
| 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 | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| 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 Spoon Me
Spoon Me frozen yogurt is undergoing massive growth and we're looking for the right people who are ready to own a fresh, fun, eco-friendly and successful business. We've opened new markets across the United States to keep up with the demand and there is no doubt that in 2009, Spoon Me will be the hottest franchise opportunity in the market.
Spoon Me is a fun, fresh, exciting and truly "green” frozen
yogurt franchise opportunity and smoothie franchise concept that focuses
on creating remarkable experiences for our customers and life changing
frozen yogurt business for franchise owners. From our yoghurt, phonological awareness awakens in my head in a different way and it is difficult to express myself.
To say that our company is "high energy” would be an understatement. We’re passionate for the frozen yogurt business and our dedication to Spoon Me and its mission shines through in every facet of the company - from our marketing, to our products and especially to the support we give our franchise owners. Because of this, we are excited to announce the opening of new areas for our next stage of frozen yogurt franchise expansion. We are looking for some people who want to have fun, want a successful frozen yogurt business and want to help us SPOON THE WORLD.