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Updated RecentlyCold Stone Creamery vs HipPOPs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cold Stone Creamery vs HipPOPs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,200 - $467,525 | $245,175 - $351,450 |
| Franchise Fee | $15,000 - $27,000 | $25,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1988 | 2012 |
| Year Franchised | 1994 | 2015 |
| 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/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| 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. | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
| 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. | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
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
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About HipPOPs
We've got the mobile Gelato Ice Cream Franchise POP-ortunity you've been looking for. The first mobile Gelato Ice Cream on a stick franchise of its kind! The frozen ice cream business, reimagined... HipPOPs is gourmet, handcrafted gelato on a stick, delivered to the people. Building on the success of the original HipPOPs mobile ice cream business model - and a passion for delivering handcrafted awesomeness - to people everywhere, HipPOPs is now offering franchise opportunities. *Mobility means profitability *Multiple revenue streams, year-round sales. *Flexible business model *Reduced overhead, lean staffing, no retail or mall hours, no long or expensive rental commitments. *Proprietary recipes and quality product *High-quality ingredients, locally sourced when possible, handcrafted artisan approach. *Catering and POP-up gelato bars *Endless possibilities for special events in any season, from weddings to bar mitzvahs, to corporate functions and more. *Advertising on wheels The POPtruck is also a billboard, providing maximum exposure every time you are out on the street. Growth market Ice cream and frozen novelty business is expected to reach $12.7 billion in sales over the next five years. What to expect in a typical day: 1. Make some POPs: Spend a few hours creating product in your own Micro Creamery. 2. Work the phone: Field calls about catering opportunities and events, spend time on the phone with customers to schedule bookings. 3. Hit the streets: Vend from the POPtruck at scheduled music festivals, golf tournaments, food truck events, arts and crafts fairs and more in the evening. 4. Cater an event: Serve at a catering event or POP-up gelato social (or both!) later in the day.