Abbott's Frozen Custard vs FrozenPeaks Franchise Comparison

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

Start-Up Costs and Fees
 
Abbott's Frozen Custard Franchise
FrozenPeaks Franchise
Investment $332,254 - $571,634$450,000 - $830,000
Franchise Fee $37,000$35,000
Royalty Fee 5.5%-
Advertising Fee 0.19Cents/Gal.-
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
FrozenPeaks Franchise
Experience --

Financing Options
 
Abbott's Frozen Custard Franchise
FrozenPeaks 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
FrozenPeaks 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.

Initial training, ongoing training, and ongoing support as deemed needed.
Support Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks

Frozen Peaks National Consumer website is part of your monthly Marketing and Technology Fund Fee which also contains each franchisee’s individual Micro-Site. The purpose of the National Consumer website is to establish and promote the Frozen Peaks brand to attract retail business for our franchisees. Visitors to the website will encounter the Franchisee Location Finder, allowing them to find the Frozen Peaks nearest to them. You will be provided your own individual, personalized location Micro-Site for your franchise.

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
FrozenPeaks 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 FrozenPeaks