- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$181K - $274K
- Units as of 2017
-
1
Company Overview
About Kremo Ice Cream
Business Overview
Franchising Since | 2017 (7 years) |
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# of employees at HQ | 6 |
# of Units | 1 (as of 2017) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Kremo 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
|
$24,900 |
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Initial Investment
|
$180,900 - $273,500 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
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.
Third Party Financing | Kremo Ice Cream has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 34.5 hours |
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Classroom Training | 5.25 hours |
Ongoing Support |
Grand Opening
Online Support
Security & Safety Procedures
Site Selection
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty 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 |
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