Sub Zero Franchise Inc.
Ice cream, Italian ice, frozen yogurt, custard

About
Founded

2004

Franchising Since

2005 (14 Years)

Corporate Address

62 W. Center
Provo, UT 84604

CEO

Jerry Hancock

Financial Requirements
Initial Investment

$223,950 - $480,000

Net-worth Requirement

$300,000 - $1,000,000

Liquid Cash Requirement

$75,000 - $1,000,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Sub Zero Franchise Inc. offers in-house financing to cover the following: franchise fee

Sub Zero Franchise Inc. has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

25% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

40 hours

Classroom Training:

25 hours

Additional Training:

By manual

Number of Employees Required to Run:

5 - 10

Bio
Jerry Hancock used his background in chemistry to develop a method of flash-freezing ice cream using liquid nitrogen. He and wife Naomi opened the first Sub Zero Ice Cream in Orem, Utah, in 2004, using this technology to offer customers the chance to customize their ice cream by choosing their milk base, flavors, mix-ins and texture. Sub Zero also offers a liquid nitrogen science education program that can be brought to schools.
Cost
Initial Investment: Low - $223,950 High - $480,000
Units
+13.5%+7 UNITS (1 Year) +20.4%+10 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

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 14th, 2019