Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$227K - $484K
Units as of 2020
42 19.2% over 3 years

Company Overview

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.

About Sub Zero Franchise Inc.

Industry
Food
Related Categories
Ice Cream, Ices, Frozen Yogurt
Founded
2004
Leadership
Jerry Hancock, CEO/Founder

Franchising Overview

Franchising Since
2005 (16 years)
# of employees at HQ
18
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
42 (as of 2020)

Franchisor Information

Corporate Address
62 W. Center
Provo, UT 84604

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Sub Zero Franchise Inc. 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
$35,000
Initial Investment
$227,450 - $484,000
Net Worth Requirement
$300,000 - $1,000,000
Cash Requirement
$75,000 - $1,000,000
Veteran Incentives
25% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
5 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.

In-House Financing
Sub Zero Franchise Inc. offers in-house financing to cover the following: franchise fee
Third Party Financing
Sub Zero Franchise Inc. 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
Additional Training
By manual
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
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

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
5
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Sub Zero Franchise Inc. landed on this year’s Franchise 500 Ranking versus previous years.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Sub Zero Franchise Inc..

Chem-Dry Carpet & Upholstery Cleaning

Chem-Dry Carpet & Upholstery Cleaning

Carpet and upholstery cleaning, tile and stone care, granite countertop renewal
Lash Loft, The

Lash Loft, The

Eyelash- and eyebrow-related services

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Emily Rella

· 3 min read

Entrepreneur Franchise of the Day: City Wide Facility Solutions

City Wide manages all sorts of building-maintenance services, from lawn and landscaping to security, handyman to janitorial.

Pizza Hut opens its 1000th location in Mexico

The new location is located in Guadalajara, Jalisco, the same city where the first Pizza Hut in Mexico opened 52 years ago.

Entrepreneur en Español

· 3 min read

Entrepreneur Franchise of the Day: Acti-Kare Inc.

Acti-Kare offers in-home senior care and family care, helping its customers save money and improve their health.

McDonald's Franchisees Blame Hiring Challenges on Unemployment Benefits and Say an 'Inflationary Time Bomb' Will Force Them to Hike Big Mac Prices

The National Owners Association, an independent group of McDonald's franchisees, sent a letter to its members on Sunday that blamed hiring challenges on the "perverse effects of the current unemployment benefits."

Kate Taylor

· 6 min read

Entrepreneur Franchise of the Day: Rosati's Pizza

The first Rosati family pizzeria opened in the early 1900s, but the business has only been franchising since 2006.

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