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Updated RecentlyAbbott's Frozen Custard vs Shakeaway Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Shakeaway 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 | $122,800 - $200,750 |
| Franchise Fee | $37,000 | $26,750 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | 0.19Cents/Gal. | - |
| Year Founded | 1902 | 1999 |
| Year Franchised | 1977 | 1998 |
| 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 | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 Shakeaway
!["ShakeAway]("https://fddexchange.com/wp-content/uploads/2020/09/ShakeAway-300x110.png")
Shakeaway is the world’s largest milkshake bar company and the original re-inventor of the milkshake since 1999, with over 50 stores in the UK, Jordan, Timor Leste and Poland, with many more locations to follow including India, the UAE, South Africa, Colombia, Iraq, Canada & Thailand.
Shakeaway is an innovative and successful company that has created a market within the cold dessert industry; we are renowned for re-inventing hand made to order milkshakes, smoothies, 100% fat free frozen yoghurt desserts, refreshing shaved ice and lower fat fries.
No one makes a milkshake taste the way Shakeaway do as you eat and drink our shakes that are all hand made to order.
The choices are endless such as ferrero rocher and daim bar, real fresh fruit such as banana and passion fruit, luxury shakes such as red velvet cake and salted caramel, the millionaire’s milkshake made with real 23 carat edible gold and amazing fizzy soda shakes made with real coke, fanta zero and more.
With over 180 milkshake flavours, there really are millions of possible combinations which is why you truly can “live forever and never have the same milkshake twice”.
Get involved in this fun, fast growing and profitable franchise now and
become part of the world’s largest milkshake bar company.
Shakeaway stores promise a vibrant atmosphere that includes Shakeaway Radio and TV channels for our customers to enjoy.