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Total Units
N/A Yearly Data not available
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$191K - $535K

Company Overview

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About Cream

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

Franchising Overview

Franchising Since
2012 (9 years)
Where seeking
Franchisor is seeking new franchise units worldwide.

Franchisor Information

Social
Twitter Facebook
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 - $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

Are you unsure which franchise is right for you?

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.

Are exclusive territories available?
Yes

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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