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Updated RecentlyShake's Frozen Custard vs Handel's Homemade Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shake's Frozen Custard vs Handel's Homemade Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $162,000 - $287,000 | $234,500 - $814,500 |
| Franchise Fee | $30,000 | $50,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3% | - |
| Year Founded | 1991 | 1945 |
| Year Franchised | 1998 | 1989 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 50% of initial franchise fee | - |
Business Experience Requirements |
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| Experience | In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | As necessary | On-The-Job Training: 120 hours Classroom Training: 4 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks | Ad Templates 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) | Number of Employees Required to Run: 25 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | 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 Handel's Homemade Ice Cream
!["Handels]("https://handelsicecream.com/wp-content/uploads/2020/05/HandelsLogo.Header.png")
Handel's Homemade Ice Cream & Yogurt is a popular ice cream
company franchise founded by Alice Handel in 1945 in Youngstown, Ohio.
As of 2020, the company was operating 50 corporate and franchise stores
in nine states. Today, it is owned by Leonard Fisher and maintains a
corporate headquarters in Canfield, Ohio.
The total investment necessary to begin operation of a Handel’s
Franchise ranges from $234,500 to $714,500. This includes between
$170,000 and $230,000 that must be paid to the franchisor or their
affiliates.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.
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