
Ben & Jerry's
Ice cream, frozen yogurt, sorbet, smoothies- 2022 Franchise 500 Rank
-
#112 Ranked #138 last year
- Initial investment
-
$152K - $547K
- Units as of 2021
-
573 3.4% over 3 years
Here’s what you need to know if you’re interested in opening a Ben & Jerry's franchise.
Chill out and enjoy the coolest treat! Ben & Jerry's is an ice-cream franchise that was started in 1978. They sell tasty ice cream, sundaes, frozen yogurt, shakes, smoothies, and sorbet flavors. The goal is for each scoop of these products to take the customer on a sweet journey. Aside from running ice cream shops, Ben & Jerry’s provides ice cream catering services and makes ice cream cakes.
Why You May Want to Start a Ben & Jerry's Franchise
Ben & Jerry's is a well-known brand and may be a favorite for many. You can leverage the brand when you operate a franchise. Part of the mission for Ben & Jerry's is to achieve sustainable economic growth. Therefore, by partnering with them, it may be possible to experience growth in your local community.
Through processes including manufacturing, ingredient sourcing, and purchasing, the Ben & Jerry's team makes decisions that positively impact their franchises in an effort to help their franchisees. They want everyone from farmers and suppliers to customers and employees to walk away smiling.
What Might Make a Ben & Jerry's Franchise a Good Choice?
To be part of the Ben & Jerry's team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should be prepared for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees may also need to meet the company's set net worth and liquid capital requirements.
Be aware that Ben & Jerry's does not negotiate leases or provide in-house financing for anything outside of the franchise fee. However, they have partnered with third-party sources that may help you finance startup costs, equipment finance, inventory finance, and payroll for your franchise. They also will likely provide all the support you need to find your footing. They expect you to be engaged in your business and active in daily operations to brand activation and public outreach.
How To Open a Ben & Jerry's Franchise
If you meet the qualifications and are ready to bring the Ben & Jerry's flavors to your community, you can likely open a franchise in less than a couple of months. The process starts with submitting the initial inquiry form. After this, you will likely be given access to their franchise learning center. If your form is reviewed and you are deemed to be a good fit, you may have an introductory call. Then, you can complete the application package. Next, you can review and discuss the Franchise Disclosure Document with a representative. You may also have the opportunity to interact with other franchisees to get a feel for how the business operates.
As you decide if opening a Ben & Jerry's franchise is the right opportunity for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Ben & Jerry's franchise would do well in your community. If there are multiple other ice cream businesses in your area, then you may want to reconsider the location in terms of opening a Ben & Jerry’s franchise.
After your location is approved, you can add a little sweetness to everyone who walks through your doors with the newest Ben & Jerry's franchise.
Company Overview
About Ben & Jerry's
Franchising Overview
- Franchising Since
- 1981 (41 years)
- # of employees at HQ
- 100
- Where seeking
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This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 573 (as of 2021)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Ben & Jerry's 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
- $16,000 - $37,000
- Initial Investment
- $152,200 - $546,800
- Net Worth Requirement
- $350,000
- Cash Requirement
- $100,000
- Royalty Fee
- 3%
- Ad Royalty Fee
- 4%
- Term of Agreement
- 10 years
- 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
- Ben & Jerry's offers in-house financing to cover the following: franchise fee
- Third Party Financing
- Ben & Jerry's has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
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
- 8 hours
- Classroom Training
- 33.5 hours
- Ongoing Support
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NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
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Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
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
Work with our free FranCoach and get what you need to start a Ben & Jerry's franchise.
Franchise 500 Ranking History
Compare where Ben & Jerry's landed on this year’s Franchise 500 Ranking versus previous years.
Stock History for Ben & Jerry's
Ticker Symbol for Ben & Jerry's: UN
Additional Rankings
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