Shake's Frozen Custard vs Ben & Jerry's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shake's Frozen Custard vs Ben & Jerry's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$162,000 - $287,000 | $152,200 - $546,800 |
Franchise Fee |
$30,000 | $16,000 - $37,000 |
Royalty Fee |
5% | 3% |
Advertising Fee |
3% | 4% |
Year Founded |
1991 | 1978 |
Year Franchised |
1998 | 1981 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
50% of initial franchise fee | 50% of then current fee |
Business Experience Requirements |
Experience |
General business experience | Are socially conscious, and active in your community.
Are passionate about operating an ethical, responsible business.
Will apply your full-time best efforts to the business.
Have at least two years of business management experience with P&L responsibility.
Have excellent business acumen, project management skills, and the ability to build and execute a business plan.
Are systems-oriented, and understand and value a franchise system.
Have the ability to recruit, train, and motivate staff, according to our standards.
Have a competitive drive and are committed to succeed, with realistic expectations.
Demonstrate honesty, integrity and humility and are a team player.
Possess strong interpersonal and communication skills and are fluent in English.
Know how to use a computer and apply technology.
Have a college degree or higher (preferred).
Have a strong credit history and a minimum net worth of $350,000, with $100,000 in liquidity (cash and securities, not including retirement accounts). |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/Yes | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
As necessary | We’ve got a great recipe for operating a scoop shop, and a world-class team to provide “scoop-to-nuts” expertise.
We guide you every step of the way, beginning with your search for the right location, to training, to marketing, and to ongoing operational support for the life of your business.
On-The-Job Training: 24 hours
Classroom Training: 35 hours
|
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks | Ad Templates
National Media
Regional Advertising
Social media
Website development
Email marketing
|
Operations |
25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
75% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
US Expansion |
Yes | No |
Canada Expansion |
No | No |
International Expansion |
No | No |
Company Overviews
About Shake's Frozen Custard
Shake's Frozen Custard was established on three principles: Quality, Service, and Cleanliness. Today, these simple principles serve as the foundation from which Shake's, the Brand, continues to evolve. Our uncompromising dedication to the highest level of quality standards and our deep passion for service are, and will forever remain, the heart and soul of Shake's Frozen Custard. At Shake's Frozen Custard, we have an unrelenting focus on the future but we build our dreams on experience.
Don and Debbie Osborne, founders of Shake's Frozen Custard, take great pride in having created a friendly, family oriented business. We realize that business success is fueled by individual customer experiences. Shake's Frozen Custard has an incredible ability to knock down the barriers of time and space in transporting us to those moments in our memory in which we experienced excitement, contentment, satisfaction, fun or any number of the seemingly infinite descriptors of human emotion. Shake's Frozen Custard offers the highest quality, premium ice cream today with the fast, friendly "service with a smile" of days gone by.Shake's Frozen Custard is a vibrant, one of a kind experience driven by a variety of interactive zones and viewing stations all leading to the presentation of the "World's best frozen dessert!" Shake's is much, much more than a simple restaurant. Shake's is a multi-sensory experience in which friends, families and loved ones build long lasting memories of quality, fun, and excitement. Every component of the facility generates a symphonic atmosphere that lends itself to the creation of wholesome, multi-generational, electrifying experiences. Customers of all ages enjoy reliving memories of "homemade" ice cream outings of days gone by with those special people in their lives.
Shake's Frozen Custard provides our customers with a timeless and exciting experience - creating Memories of pure, powerful joy through a steadfast commitment to uncompromising quality, service, and cleanliness.
About Ben & Jerry's
Ben & Jerry's is named for its founders, Ben Cohen and Jerry
Greenfield, who grew up together in Merrick, Long Island. In 1978, they
took a $5 correspondence course on ice-cream-making, then leased an old
gas station building in Burlington, Vermont to open their first ice
cream shop. Ben & Jerry’s has over 580 franchised ice cream scoop shops and PartnerShops worldwide. We have over 350 scoop shops in the United States and over 350 scoop shops Internationally.
Seeking new franchise units in Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii,
Illinois, Kansas, Massachusetts, Maryland, Maine, North Carolina, New
Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Virginia, Wisconsin, Australia/New Zealand, Canada and Western
Europe.
#63 in Franchise 500 for 2020.
#138 in Franchise 500 for 2021.