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Below is an in-depth analysis and side-by-side comparison of Annie's Old Fashioned Ice Cream and Lemonade 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 | $69,500 - $372,800 | $234,500 - $814,500 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | - |
Year Founded | 2000 | 1945 |
Year Franchised | 2006 | 1989 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 120 hours Classroom Training: 4 hours |
Support | - | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Ad Templates Social media Website development Email marketing |
Operations | - | Number of Employees Required to Run: 25 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
We understand: Franchisees are entrepreneurs. They want to leverage a proven system and run their own business. A simple, fun, versatile business. A business with solid economics that will support a profitable enterprise. It is this simple idea that has driven the development of the Annie’s opportunity. The Annie’s team has worked diligently to surround Annie’s premium products with a premium business model - a well-conceived package that will deliver time-tested, great products. This ground-up business planning started with developing an understanding of what would create a rewarding experience for franchisees, including: