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Entrepreneur: Start & Grow Your Business

Paciugo Italian Gelato

Gelato

Background

Founded: 2000 Franchising since: 2004
1215 Viceroy Dr.
Dallas, Texas 75247
Phone:
(214)654-9501


Franchisor is a privately-held company with 38 employee(s); 16 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 42 0 3 1
2008 31 0 3 1
2007 21 0 2 1
2006 12 0 1 9
2005 3 0 0 8

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Various parameters

Costs and Fees

Total investment: $183.7K-462K
Franchise fee: $30K
Ongoing royalty fee: 4.5%
Term of agreement: 10 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: Varies
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills
  • Compatibility with franchisor's system, customer-friendly

Operations
  • 10% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 10 days
  • At franchisee's location: 5 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Other marketing support
  • In-house creative services, local store marketing support

Rankings

Franchise 500® rank:
#418 (2009); #453 (2008);

Top New Ranking:
#37 (2009); #42 (2008);