Ritter's Frozen Custard

Frozen custard, burgers
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2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$365K - $1.1M
Units as of 2016
20

Company Overview

About Ritter's Frozen Custard

Industry
Food
Founded
1990
Parent Company
Trufoods LLC
Leadership
Gary Occhiogrosso, CEO

Franchising Overview

Franchising Since
1994 (27 years)
# of employees at HQ
7
Where seeking

This company is seeking new franchisees in the following US states: Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Nevada, Ohio, Pennsylvania, South Carolina, Tennessee, Texas

This company is seeking new franchisees in the following international regions: Asia, Middle East, Europe (Eastern), Europe (Western), Mexico

# of Units
20 (as of 2016)

Franchisor Information

Social
Facebook
Corporate Address
666 Fifth Ave., 27th Fl.
New York, NY 10103

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Ritter's Frozen Custard 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
$25,000
Initial Investment
$365,000 - $1,107,900
Net Worth Requirement
$750,000 - $1,100,000
Cash Requirement
$150,000 - $1,500,000
Veteran Incentives
50% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
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
Ritter's Frozen Custard has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

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
20 days
Additional Training
Store opener
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support

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
# of employees required to run
20
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Ritter's Frozen Custard landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021