Cold Stone Creamery vs Strickland's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cold Stone Creamery vs Strickland's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
	Cold Stone Creamery Franchise	Strickland's Franchise
Investment	$50,200 - $467,525	$188,500 - $315,000
Franchise Fee	$15,000 - $27,000	$25,000
Royalty Fee	6%	6%
Advertising Fee	3%	-
Year Founded	1988	1936
Year Franchised	1994	2002
Term Of Agreement	10 years	15 years
Term Of Agreement	10 years	15 years
Renewal Fee	-	$500
Business Experience Requirements
	Cold Stone Creamery Franchise	Strickland's Franchise
Experience	-	-
Financing Options
	Cold Stone Creamery Franchise	Strickland's Franchise
	In-House/3rd Party	In-House/3rd Party
Franchise Fees	No/Yes	No/No
Start-up Costs	No/Yes	No/No
Equipment	No/Yes	No/No
Inventory	No/Yes	No/No
Receivables	No/Yes	No/No
Payroll	No/Yes	No/No
Training & Support
	Cold Stone Creamery Franchise	Strickland's Franchise
Training	Franchising with Cold Stone Creamery® means you’ll never be alone in your business. As one of the world’s premier ice cream franchises, Cold Stone Creamery’s support network has launched hundreds of entrepreneurs without any experience in either the service industry or the restaurant industry into growing businesses in communities across the country and around the world. “Cold Stone Creamery has one of the most robust training platforms in the entire franchise industry,” says John Wuycheck, SVP of Franchise Development. “Our franchisees make real investments of both time and money to franchise with Cold Stone Creamery, and we honor that by going above and beyond in providing an exceptional initial and ongoing training platform. We’ve been helping entrepreneurs establish new Cold Stone Creamery businesses for a long time, and we’ve built an iconic business model that requires no previous experience to become a top performer. As a franchisor, we’re honored to report that franchisee satisfaction is at an all-time high.” Initial New franchisees attend KTEC (Kahala Training and Education Center). In addition, new franchisees spend two weeks in a store where we cover every aspect of their new business, including making the ice cream, preparing and serving Cold Stone Creamery products, managing inventory and supporting their business through savvy marketing. On-The-Job New franchisees spend 80 hours in a store to learn the ins and outs of the business, including how to correctly prepare and serve the brand’s products. Cold Stone Creamery also hosts monthly check-ins to help you meet your goals, to offer assistance and to ensure you have all the tools necessary to improve your business every day.	We conduct an intensive, one-week training session at our Akron, Ohio headquarters or at our Irvine, California franchise location, depending on where you live. You will gain both "back office" and in-store experience covering all aspects of operating a Stricklands Ice Cream franchise. In addition, we provide 3-5 days of onsite supportand training at your location during your grand opening week. We also provide our Franchisees a comprehensive Franchise Operations & Policies Manual, which provides detailed information concerning the development, opening and ongoing operation of your Stricklands Ice Cream franchise.
Support	Cold Stone Creamery will meet with you regularly to help you and answer any of your questions. Every new franchisee receives monthly check-in calls from a Regional Director of Operations or Area Developer.	-
Marketing	Cold Stone Creamery franchisees have access to in-house marketing and public relations teams, which significantly reduces expenses. These teams help with national, regional and local marketing, along with public relations from the grand opening through the life of the business. We train franchisees to manage their stores’ social media accounts, including Facebook®, Twitter® and Instagram® -" and newer platforms such as Snapchat®	-
Operations	35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)	-
Expansion Plans
	Cold Stone Creamery Franchise	Strickland's Franchise
US Expansion	Yes	-
Canada Expansion	No	No
International Expansion	Yes	No

Company Overviews

About Cold Stone Creamery

Founders, Donald and Susan Sutherland, have an energy for frozen yogurt! They scanned wherever for frozen yogurt that was "smooth and rich", instead of the customary hard-pressed or delicate serve assortments. In 1988, in the wake of coming up purge in their hunt, they opened the primary Cold Stone Creamery in Tempe, Arizona. Utilizing just the finest fixings, the Sutherlands delivered the most elevated quality frozen yogurt accessible - making it crisp every day in their store. Each dessert creation was then made to arrange for every client by mixing in blend ins on a solidified rock stone (the Cold Stone!), and served in a crisp prepared waffle cone. Word soon spread far and wide among frozen yogurt significant others that Cold Stone Creamery's dessert was the best, and the upheaval started! In 1995, the main establishment store opened in Tucson, Arizona, trailed by the first out-of-state store in Camarillo, California.

The establishing store of Cold Stone Creamery opened in 1988
We've been granting establishments since 1994
About 1,000 stores working in the U.S. also, almost 300 stores around the world
U.S. Domains Currently Open
Single and Multi-Unit Deals Available
Normal time to open is 6-12 months
Co-marking Opportunities Available

The Numbers You Need to Know

$27,000 establishment fee*
$250,000 total assets
$100,000 fluid, non-financed stores
Add up to beginning speculation - $50,200 - $467,525 *
Sovereignty expense - 6% of gross deals
Publicizing expense - 3% of gross deals

*This charge is for a customary area and does exclude any rebates that might be appropriate. Distinctive expenses may apply for different sorts of areas. More nitty gritty venture data is accessible in the Franchise Disclosure Document (FDD).

The Buzz About Our Brand

#53 on the 2013 "Establishment 500®" rundown in Entrepreneur® magazine
#19 on the 2013 "Worldwide 30" list in QSR® magazine
#46 on the 2012 "Top Global Franchises" list in Entrepreneur magazine
#49 on QSR magazine's 2011 "QSR Top 50" positioning
#54 on the 2011 "Establishment 500" rundown in Entrepreneur magazine
#49 on Franchise Direct's® "Best 100 Global Franchises" list for 2011

About Strickland's

Stricklands' formula for accomplishment for our dessert establishment opportunity is based on our incredible tasting frozen yogurt, solidified custard, yogurt and sorbet - all made utilizing our exclusive clump coolers, which were designed in the 1930s! The differing qualities of our product offerings offers to pretty much every buyer and Stricklands' one of a kind taste makes clients forever. We make our items crisp each day at every Stricklands Ice Cream store

• Our Rich Cream Base - Carefully made utilizing the equation made by Bill Strickland in the 1930s. We get a kick out of the chance to state that it just takes one chomp of Stricklands' crisp, delicate, smooth dessert to make a client forever!

• Fresh Ingredients - Stricklands keeps it genuine - genuine peaches, genuine strawberries, genuine bananas, genuine almonds, genuine chocolate chips - the rundown continues endlessly. Stricklands utilizes just the best fixings to make the best dessert and solidified custard anyplace!

• Old-Fashioned Quality - Our restrictive frozen yogurt machines have been deliberately designed to imitate the quality and toughness of the machines worked for Stricklands in the 1930s...which are still in operation today at our unique area in Akron, Ohio. Our exceptional machines likewise create staggering solidified custard, yogurt and sorbet!

We are looking for qualified people who are keen on opening single-unit or numerous dessert store establishments in their general vicinity.