Handel's Homemade Ice Cream

Ice cream
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Franchise 500 2023
2024 Franchise 500 Rank
#182 Ranked #295 last year
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Initial investment
$311K - $936K
Units as of 2023
111 Increase 85.0% over 3 years

Company Overview

About Handel's Homemade Ice Cream

Industry Food
Related Categories Ice Cream, Frozen Yogurt
Founded 1945
Parent Company Handel's Enterprises LLC
Leadership Rich Matherne, CEO
Corporate Address 3830 Starr Centre Dr., #1
Canfield, OH 44406
Social Facebook, LinkedIn, Instagram

Business Overview

Franchising Since 1989 (35 years)
# of employees at HQ 25
Where seeking

This company is offering new franchises in the following US states: Alabama, Arkansas, California, Colorado, District of Columbia, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia

# of Units 111 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Handel's Homemade Ice 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
$50,000
Initial Investment Information Circle
$311,000 - $936,000
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$250,000
Royalty Fee Information Circle
6%
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 Handel's Homemade Ice Cream has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

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 86 hours
Classroom Training 4 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
Social Media
SEO
Website Development

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 25
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Handel's Homemade Ice Cream landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

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Updated: December 12th, 2022