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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$191K - $535K
Units as of 2016
26 Decrease

Company Overview

About Cream

Industry Food
Related Categories Ice Cream
Founded 2010
Parent Company CREAM Inc.
Leadership Jimmy Shamieh, CEO
Corporate Address 1699 El Camino Real, #201
Millbrae, CA 94030
Social Facebook, Twitter

Business Overview

Franchising Since 2012 (12 years)
Where seeking

This company is offering new franchises in the following US states:

This company is offering new franchises in the following international regions:

# of Units 26 (as of 2016)

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 Information Circle
$30,000
Initial Investment Information Circle
$191,000 - $535,000
Net Worth Requirement Information Circle
$1,500,000 - $1,800,000
Cash Requirement Information Circle
$1,500,000 - $1,800,000
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
2%
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.

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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Disclaimer
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