- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$103K - $267K
- Units as of 2022
35 41% over 3 years
Sub Zero Nitrogen Ice Cream sells ice cream, which employees flash-freeze at -321 degrees using liquid nitrogen. Sub Zero Nitrogen Ice Cream has been in operation since 2004 and has grown from a simple but high-quality business in Provo, Utah. The company began franchising in 2005 and has since grown to include several locations nationwide.
A perfect candidate for the Sub Zero Nitrogen Ice Cream franchisee is an individual who has an appetite for both business and ice cream. They should also be passionate about their community and achieving operational excellence.
Why You May Want to Start a Sub Zero Nitrogen Ice Cream Franchise
By opening a Sub Zero Nitrogen Ice Cream franchise, you may be supported by a brand that has combined science and delicious treats. Franchisees may cater to many different types of customers since the brand offers various options and customizations. These include dietary needs like lactose-free, vegan, gluten-free, and sugar-free ice cream options.
Coupled with a good reputation and a considerable market segment, opening a Sub Zero Nitrogen Ice Cream franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive ice cream industry.
What Might Make a Sub Zero Nitrogen Ice Cream Franchise a Good Choice?
To be part of the Sub Zero Nitrogen Ice Cream 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 prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
As a Sub Zero Nitrogen Ice Cream franchisee, you may be responsible for customer satisfaction, building the brand within your community, and ensuring that your team works to achieve operational excellence. Aside from operating a physical store, you may provide catering services. You may be supported by a full-fledged team that can help you in graphic design, construction, public relations and marketing, web programming and advertising, and training.
How Do You Open a Sub Zero Nitrogen Ice Cream Franchise?
As you decide if opening a Sub Zero Nitrogen Ice Cream franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Sub Zero Nitrogen Ice Cream franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
You may submit a franchise inquiry form to learn more about the Sub Zero Nitrogen Ice Cream franchise opportunity. After this, a Sub Zero Nitrogen Ice Cream franchise development representative may contact you to provide more information on the brand.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Sub Zero Nitrogen Ice Cream franchising team questions.
About Sub Zero Nitrogen Ice Cream
|Franchising Since||2005 (18 years)|
|# of employees at HQ||28|
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Middle East, Europe (Western), Mexico
|# of Units||35 (as of 2022)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Sub Zero Nitrogen 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
|$20,000 - $35,000|
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$103,100 - $267,000|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
|$300,000 - $1,000,000|
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
|$75,000 - $1,000,000|
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|20% off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|In-House Financing||Sub Zero Nitrogen Ice Cream offers in-house financing to cover the following: franchise fee|
|Third Party Financing||Sub Zero Nitrogen Ice Cream 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||30 hours|
|Classroom Training||30 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||5-10|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Sub Zero Nitrogen Ice Cream? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Sub Zero Nitrogen Ice Cream landed on this year's Franchise 500 Ranking versus previous years.
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