Minus10 Ice Cream

Rolled ice cream
Total Units
N/A Yearly Data not available
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$265K - $519K

Company Overview

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About Minus10 Ice Cream

Industry
Food
Related Categories
Ice Cream, Food,
Founded
2015
Leadership
Richard Tam, Founder and CEO

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
5
Where seeking
Franchisor is seeking new franchise units throughout the U.S.

Franchisor Information

Social
Facebook
Corporate Address
10 Mott St.
New York, NY 10013

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Minus10 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
$40,000 - $40,000
Initial Investment
$264,750 - $518,500
Net Worth Requirement
$200,000
Cash Requirement
$100,000
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
10 years
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
Minus10 Ice Cream offers in-house financing to cover the following: franchise fee
Third Party Financing
Minus10 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.

Classroom Training
27 hours
Ongoing Support
Grand Opening
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
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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