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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$191K - $535K
Units as of 2016
26

Company Overview

About Cream

Industry
Food
Related Categories
Ice Cream
Founded
2010
Parent Company
CREAM Inc.
Leadership
Jimmy Shamieh, CEO

Franchising Overview

Franchising Since
2012 (9 years)
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
26 (as of 2016)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
1699 El Camino Real, #201
Millbrae, CA 94030

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Cream 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
$30,000
Initial Investment
$191,000 - $535,000
Net Worth Requirement
$1,500,000 - $1,800,000
Cash Requirement
$1,500,000 - $1,800,000
Royalty Fee
6%
Ad Royalty Fee
2%
Is franchise term renewable?
Yes

Financing Options

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

In-House Financing
Cream offers in-house financing to cover the following: payroll
Third Party Financing
Cream has relationships with third-party sources which offer financing to cover the following: equipment, accounts receivable, payroll

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Cream landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021