Cool Factory vs Wendy's Milk Bar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cool Factory vs Wendy's Milk Bar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cool Factory Franchise
Wendy's Milk Bar Franchise
Investment $142,300 - $387,200$100,000 - $210,000
Franchise Fee N/A$25,000
Royalty Fee --
Advertising Fee --
Year Founded -1979
Year Franchised -0
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Cool Factory Franchise
Wendy's Milk Bar Franchise
Experience -Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood � they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you�re already well on your way to meeting the needs of becoming a Wendys franchisee.

Financing Options

 
Cool Factory Franchise
Wendy's Milk Bar Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Cool Factory Franchise
Wendy's Milk Bar Franchise
Training 3 days at Cool Factory training center

When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs.

Support Franchisees are continuously supported by the efforts of the entire Cool Factory management team. The Cool Factory (featuring Dreyer's/Edy's Grand Ice cream) franchising opportunity provides franchisees with a solid operational structure and franchising to build a successful business upon. Additionally, the demand for superior treats is ever increasing.Wendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees.
Marketing One of the keys to your success is effective marketing and advertising. You will be given proven marketing campaigns that have successfully attracted new customers. We may offer you additional public relations ideas and work with you on planning your Grand Opening.As a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns � all designed to achieve excellent cut-through within our key target demographics.
Operations Cool Factory Parlor features a standard menu of superior ice cream and coffee. Cool Factory has more than 55 flavors of ice cream, various different tastes of coffee and yogurt, and we are continually looking to expand our flavor selection with new ice blended drinks and inventive taste offerings with our ice cream, yogurt and coffee licensor/vendor. The customers can special order a combination of ice cream and coffee, which are individually prepared to order in the Parlor. We may also authorize or require that special drinks, pastries and other food and beverage items be added to Parlor menus.-

Expansion Plans

 
Cool Factory Franchise
Wendy's Milk Bar Franchise
US Expansion --
Canada Expansion --
International Expansion YesYes

Company Overviews

About Cool Factory

Cool Factory understands that our Customers' desires vary. Therefore, we develop differentiated brands, products and services to best meet our Customers' needs. "We use our brands and strategies as the filters for all business decisions.? Our Associates and partners are empowered, trusted and valued. Grounded in our strategy, we are proud ambassadors of our brands. We profitably provide quality products in appealing and accessible retail environments that align with the various needs of our targeted consumer segments. We are a responsible, respectful employer and corporate citizen, who earn the loyalty and advocacy of each Customer we serve. As a corporation that integrates aspiring staffs, Cool Factory places a priority in maximizing dreams of many individuals and fulfilling basic human cravings while abiding judicial orders and preserving cultural aspects of our neighborhood. We shall stand firm on our values that include fundamental ethics required for all being s such as honesty, healthy entrepreneurship, interactive efforts, pride in quality work and respect of social order. We, the owner, staff and partners of Cool Factory pledge our commitment in serving our customers, local and further global communities. Cool Factory cooperates with affiliated companies. The concept of Cool Factory is a remarkable franchising business opportunity built upon a high-quality product coupled with exceptional customer relations. This combination results in continuous repeat business. Cool Factory offers its customers the freshest, creamiest taste in great line of ice creams and coffees. All the franchisees are fully responsible for their own parlors.

About Wendy's Milk Bar

Welcome to WendysWith more than three decades of franchise expertise and a product offering that's second to none, it's little wonder that Wendys is the leading brand of choice in the treats market in both Australia and New Zealand. By joining Wendys, you not only become part of a brand that is known and loved; you also become part of a franchise network that is backed by experience and proven systems that work. Everything we do is about empowering our franchisees to be the best they can be - masters of taste and masters of providing the most indulgent, fun, I HAVE to come back here again treat experience.
The Mini
The Mini is a compact store offering that offers the perfect entry point into the world of Wendys franchising. At an average of 10m2 - less than half that of our traditional store - what the Mini concept lacks in size, it more than makes up for in punch with a focus on our core product line-up of hot dogs, shakes and scoop ice cream. The flexible nature of the Mini ensures franchisees can be where the demand is. And, with the investment entry point from $100,000.00 + GST, it's not hard to see why the Mini is gaining significant interest - both with young investors as well as those looking to become multi-store owners.
The Maxi
The Maxi is the big scoop in the Wendys franchise system. With sale price from $200,000.00 - $ 210,000.00 + GST, the Maxi is a store in which franchisees can maximize their potential. The large-space format Maxi ranges from 20m2, enabling franchisees to carry the full Wendys product range including hot dogs, shakes,smoothies, cakes, soft serve and - of course - a veritable rainbow of scoop ice cream flavours.
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