Boloco Inspired Burritos vs I-CE-NY Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos vs I-CE-NY including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Boloco Inspired Burritos Franchise
I-CE-NY Franchise
Investment $190,000 - $400,000$146,400 - $404,300
Franchise Fee $25,000$25,000
Royalty Fee 6%4%
Advertising Fee --
Year Founded 19972015
Year Franchised 20042016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $10000-


Business Experience Requirements
 
Boloco Inspired Burritos Franchise
I-CE-NY Franchise
Experience --

Financing Options
 
Boloco Inspired Burritos Franchise
I-CE-NY Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Boloco Inspired Burritos Franchise
I-CE-NY Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Boloco Inspired Burritos Franchise
I-CE-NY Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.

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.