Applegate Farm vs I-CE-NY Franchise Comparison

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

Start-Up Costs and Fees
 
Applegate Farm Franchise
I-CE-NY Franchise
Investment $137,650 - $322,000$146,400 - $404,300
Franchise Fee $25,000$25,000
Royalty Fee 5%4%
Advertising Fee 2%local+2% Nat'l-
Year Founded -2015
Year Franchised -2016
Term Of Agreement 5 Years +5+5+5-
Term Of Agreement 5 Years +5+5+5-
Renewal Fee --


Business Experience Requirements
 
Applegate Farm Franchise
I-CE-NY Franchise
Experience --

Financing Options
 
Applegate Farm Franchise
I-CE-NY Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Applegate Farm Franchise
I-CE-NY Franchise
Training 80 hours over approximately two weeks. Includes both classroom and on-the-job training.-
Support --
Marketing --
Operations --

Expansion Plans
 
Applegate Farm Franchise
I-CE-NY Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 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.