Abbott's Frozen Custard vs Lovin' Spoons Franchise Comparison

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

Start-Up Costs and Fees

 
Abbott's Frozen Custard Franchise
Lovin' Spoons Franchise
Investment $332,254 - $571,634$385,000 - $493,000
Franchise Fee $37,000$25,000
Royalty Fee 5.5%6%
Advertising Fee 0.19Cents/Gal.-
Year Founded 19022010
Year Franchised 19772011
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Abbott's Frozen Custard Franchise
Lovin' Spoons Franchise
Experience --

Financing Options

 
Abbott's Frozen Custard Franchise
Lovin' Spoons 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
Lovin' Spoons 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. In addition to intensive classroom instruction, you'll also get hands-on training in working stores to learn the Lovin' Spoons systems and operating procedures.
Support Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives*Site review and selection *Demographics studies *Prototype construction plans and store design guidance. Operations Support Our detailed training will help you feel comfortable with managing your staff, financials and in-store technology, and our confidential comprehensive operations manual will be a useful day-to-day reference guide. Vendor Relationships We'll help you take advantage of our special relationships with equipment, food, paper goods and other key vendors and suppliers. Marketing Support From your frozen yogurt franchise Grand Opening celebration to ongoing promotional ideas and programs throughout the year, Lovin' Spoons features a proven marketing approach including detailed marketing manuals and strategies, social media campaigns, a custom web page for your store and access to our marketing experts. Online Franchise Resources Our user-friendly online franchise portal will provide you with easy access to branded materials, signage, updated manuals and more. You can also quickly communicate with Lovin' Spoons corporate leadership through contact forms and collaborate with other franchisees in an online forum.
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)

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Expansion Plans

 
Abbott's Frozen Custard Franchise
Lovin' Spoons Franchise
US Expansion -Yes
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 Lovin' Spoons

When we began the journey that led to the founding of Lovin' Spoons, we were committed to a simple vision: provide the very best frozen yogurt and toppings available and pair them with a unique atmosphere that generates excitement. Prior to starting the company, we spent a year in yogurt shops across the country, equipping ourselves with the best practices that would ultimately become the foundation of our successful concept. With the groovy decade of the 1970′s near and dear to our heart, we knew this exciting era could be the natural inspiration for our unique and expressive brand and in-store experience. Our hometown of Savannah, GA, was a natural place to bring Lovin' Spoons to life, and the award-winning stores have been embraced by customers and the community beyond our wildest dreams. Unlike typical cookie cutter yogurt stores, our loyal guests have frequently noted that Lovin' Spoons stores truly have a soul. This is the ultimate compliment, and is a clear differentiator in the market. Our concept was built from the ground up to be a growing frozen yogurt franchise, and we are prepared to equip you with the tools and support you need to bring the Lovin' to your community. Join us as we look to expand the unique Lovin' Spoons frozen yogurt experience to customers across the country. We are eagerly seeking passionate and enthusiastic franchisees to join this groovy ride! Honorably discharged veterans receive $10,000 off of initial franchise fee of $25K.