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Sub Zero Ice Cream

2014 Franchise 500
#374
At a Glance

Products & Services: Ice cream, yogurt, custard, smoothies

Number of Locations: 39

Total Investment: $160K - $381K

Founded: 2004

Began Franchising: 2005

About Sub Zero Ice Cream

Jerry Hancock used his background in chemistry to develop a method of flash-freezing ice cream using liquid nitrogen. He and wife Naomi opened the first Sub Zero Ice Cream in Orem, Utah, in 2004, using this technology to offer customers the chance to customize their ice cream by choosing their milk base, flavors, mix-ins and texture. Sub Zero also offers a liquid nitrogen science education program that can be brought to schools.

Franchise Units

Year U.S. Canadian International Company Owned
2014 35 0 2 2
2013 26 0 1 1
2012 17 0 0 1
2011 12 0 0 1
2010 7 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $160,000 - $381,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 25% off franchise fee
Financial Requirements
Net Worth: $150,000 - $250,000
Liquid Cash Available: $50,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5 - 10. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 3 days. By manual
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #374 (2014), #382 (2013), #365 (2012),