Stricklands Frozen Custard
Frozen custard, ice cream, yogurt, sorbet- Units as of 2020
-
4 Yearly Data not available25%
- 2020 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$189K - $315K
Company Overview
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About Stricklands Frozen Custard
Franchising Overview
- Franchising Since
- 2002 (19 years)
- # of employees at HQ
- 4
- Where seeking
- Franchisor is seeking new franchise units throughout the U.S.
- # of Units
- 4
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Stricklands 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 - $25,000
- Initial Investment
- $188,500 - $315,000
- Net Worth Requirement
- $150,000 - $300,000
- Cash Requirement
- $50,000 - $75,000
- Royalty Fee
- 6%
- Term of Agreement
- 15 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
- Stricklands Frozen Custard has relationships with third-party sources which offer financing to cover the following: franchise fee, 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
- 34 hours
- Classroom Training
- 6 hours
- Additional Training
- As needed
- Ongoing Support
-
Toll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite Selection
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- # of employees required to run
- 10
- Are exclusive territories available?
- Yes
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