Ritter's Frozen Custard
At a Glance
Products & Services: Frozen custard
Number of Locations:
Total Investment: $249K - 818K
Founded: 1990
Began Franchising: 1994
Startup Costs, Ongoing Fees and Financing
Total Investment: $249,000 - $818,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $75,000
Operations
70% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 20. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 15 days. Store opener : 10 days.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Intranet