Applegate Farm vs Handel's Homemade Ice Cream Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Applegate Farm 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

 
Applegate Farm Franchise
Handel's Homemade Ice Cream Franchise
Investment $137,650 - $322,000$234,500 - $814,500
Franchise Fee $25,000$50,000
Royalty Fee 5%6%
Advertising Fee 2%local+2% Nat'l-
Year Founded -1945
Year Franchised -1989
Term Of Agreement 5 Years +5+5+5-
Term Of Agreement 5 Years +5+5+5-
Renewal Fee --


Business Experience Requirements

 
Applegate Farm Franchise
Handel's Homemade Ice Cream Franchise
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

 
Applegate Farm Franchise
Handel's Homemade Ice Cream Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Applegate Farm Franchise
Handel's Homemade Ice Cream Franchise
Training 80 hours over approximately two weeks. Includes both classroom and on-the-job 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

 
Applegate Farm Franchise
Handel's Homemade Ice Cream Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Applegate Farm

Applegate Farm has grown to be one of the largest retail outlets for ice cream on the East Coast. In 1980, Mrs. Betty Vhay became the new owner of Applegate Farm. In an effort to oversee all aspects of the business the Vhay family moved into the original farmhouse. Mrs. Vhay became Mrs. Wayne Niles in 1991 and eventually transferred ownership to her nephew and his wife Mr. and Mrs. Jason Street. Working together, the entire family contributes to maintaining the century-old tradition of the best homemade ice cream and sweet treats in the 21st century.

About Handel's Homemade Ice Cream

"Handels

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.

"Entrepreneur
#385 in Franchise 500 for 2020.