Handel's Homemade Ice Cream vs CherryBerry Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Handel's Homemade Ice Cream vs CherryBerry including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Handel's Homemade Ice Cream Franchise
CherryBerry Franchise
Investment $234,500 - $814,500$360,000 - $466,000
Franchise Fee $50,000$25,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19452008
Year Franchised 19892008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Handel's Homemade Ice Cream Franchise
CherryBerry 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

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

Training & Support

 
Handel's Homemade Ice Cream Franchise
CherryBerry Franchise
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

 
Handel's Homemade Ice Cream Franchise
CherryBerry Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.




About CherryBerry

"Home"

Establishing a small business on your own can be tough. This is why many choose to go with an established brand. At CherryBerry, we have an incredible culture that focuses on our franchisees’ success. Riding on several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory, we have developed a system that will help you jump-start your business and provide you with a competitive advantage in your market. As a franchisee, you will have access to all of our support systems and expertise as well as our trade secrets and unique strategies.
Our constant efforts and economies of scale help keep product costs low and consistent product available. Additionally, you will benefit from CherryBerry's brand recognition and the integrity of the CherryBerry name.
Frozen yogurt sells well in warmer months while chocolate sells well in cooler months. Through a special arrangement with our parent company, Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
CherryBerry’s premium and top-quality distinctive flavors are developed by some of the most knowledgeable yogurt innovators in the industry. Our product is certified to contain live and active cultures to promote good health, plus its creamy texture, original flavors and extensive toppings have been praised by the masses as the best tasting and highest quality frozen yogurt available. The CherryBerry name assures your customers that they can expect the same great quality frozen yogurt time after time.
We provide you with an excellent business model which includes all the necessary training and assistance you’ll need to create a thriving business. Our staff includes experts in real estate, construction, training, operations and marketing.