Ritter's Frozen Custard

Frozen custard, burgers
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$365K - $1.1M
Units as of 2016
20 Decrease

Company Overview

About Ritter's Frozen Custard

Industry Food
Related Categories Ices, Ice Cream, Miscellaneous Quick-Service Restaurants
Founded 1990
Parent Company Trufoods LLC
Leadership Gary Occhiogrosso, CEO
Corporate Address 666 Fifth Ave., 27th Fl.
New York, NY 10103
Social Facebook

Business Overview

Franchising Since 1994 (30 years)
# of employees at HQ 7
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 20 (as of 2016)

Information for Franchisees

Here's what you need to know if you're interested in opening a Ritter's Frozen Custard franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$25,000
Initial Investment Information Circle
$365,000 - $1,107,900
Net Worth Requirement Information Circle
$750,000 - $1,100,000
Cash Requirement Information Circle
$150,000 - $1,500,000
Veteran Incentives Information Circle
50% off franchise fee
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Ritter's Frozen Custard has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 20 days
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 20
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022