Shake's Frozen Custard vs I-CE-NY Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shake's Frozen Custard vs I-CE-NY including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Shake's Frozen Custard Franchise
I-CE-NY Franchise
Investment $162,000 - $287,000$146,400 - $404,300
Franchise Fee $30,000$25,000
Royalty Fee 5%4%
Advertising Fee 3%-
Year Founded 19912015
Year Franchised 19982016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of initial franchise fee-


Business Experience Requirements

 
Shake's Frozen Custard Franchise
I-CE-NY Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Shake's Frozen Custard Franchise
    I-CE-NY Franchise
      In-House/3rd PartyIn-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

     
    Shake's Frozen Custard Franchise
    I-CE-NY Franchise
    Training As necessary-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks-
    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)

    -

    Expansion Plans

     
    Shake's Frozen Custard Franchise
    I-CE-NY Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    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 I-CE-NY

    "I-CE-NY

    I-CE NY (I-See-en-why) is the original rolled ice cream from Thailand. In 2011, rolled ice cream or smashed ice cream was firstly introduced to the world under the brand "I-TIM-PAD" (or ไอติมผั in Thai). The company quickly stormed Thailand with 30 franchise vendor locations in the first six months. Now, it’s grown to over 250 locations all over Thailand, and Asia continent including Cambodia, Laos, Indonesia etc. In 2015, we’ve crossed the Pacific and established our first store in New York City, called I-CE-NY.
    7 ice cream base flavors + 20 mix-in ingredients + more than 32 toppings = endless opportunities to challenge your creativity.

    The total investment necessary to begin operation of a single I-CE-NY shop is $146,400 to $404,300. This amount includes $30,500 to $40,500 that is payable to the franchisor and their affiliates.
    The total investment necessary to begin operation under a three to five unit Multi-Unit Development Agreement is $53,000 to $80,000. This includes $50,000 to $75,000 that must be paid to the franchisor. There is no minimum number of  shops that you are required to develop under the Multi-Unit Development Agreement.