Posts filed under 'F.A.Q'
If you’re interested in opening a Ice Cream franchise, you will need to speak with the franchisor company sales team. Not sure what to ask them? Have no fear, below are some key questions you must have your franchise company answer before doing business with them.
1. What is the risk involved with franchising and how do you (the franchiser) intend to minimize that risk?
2. What happens if I decide I no longer want to operate the franchise? Do you (the franchiser) have a policy that requires me to pay a cancellation fee?
3. Do you have any lawsuits against your franchise? May I see the list of lawsuits?
(Look at reasons sited to see if there is a pattern).
4. What is your franchisee turnover rate? Can I have a list of the franchisees that left?
5. How much money can I potentially earn? – They should not answer this question, as the law prohibits them. Be careful of the ones who do answer this.
6. Do the company-owned stores provide most of the support for the parent company? (Should be a yes to avoid over-dependence on the royalty stream).
7. Is your franchise trademarked? (Should be because it’s what you are buying with the franchising fee).
8. How long is your franchise-training program? (Don’t want it to be too short/long).
9. Can I see some of your company’s financial statements?
10. Can I have a list of all the current franchise owners close to my area? (Speak to the owners and discover their level of satisfaction and profitability).
January 21st, 2010
How Long Are the Average Franchise Agreement Terms?
This depends heavily on the ice cream franchise you choose. Generally the first term is for 10 years and then you can renew but there might be more fees associated with the renewal.
Can I own more than one ice cream franchise store?
Yes, generally you can own as many stores as you’d like in your territory providing you can meet the financial requirements.
How much does it cost to open an ice cream franchise?
Depending on the type of store (stand alone, kiosk, storefront, etc.) you open and which franchise you choose, you’ll need somewhere between $50,000 to $150,000.
How quickly will it take to make a profit?
Your profits will depend on how well you run the business, how good your location is, and how well you manage your employees. There is no real way to average out how fast you will see a profit because it depends on the individual franchisee. Also due to franchising laws, ice cream franchises are unable to tell you how much you will make.
Do ice cream franchises offer financing?
Yes, they typically do offer some financing for the initial franchise fee. For the other costs, most ice cream franchises will connect you with a 3rd party lender.
Do most ice cream franchises offer training?
Yes. Most franchises offer in-depth training on running an ice cream business including marketing, budgeting, products, and other aspects of the ice cream business.
Can I sell my ice cream franchise?
Yes – typically you can sell your franchise to a person who is pre-approved by your franchisor. Be careful of fees assessed during this process.
January 21st, 2010
Every entrepreneur wants to find a location that offers an affordable lease with reasonable terms and has a heavy volume of traffic. If you decide to open your own business, then you will need to determine what site selection criteria works best for your goals. However if you decide to open an ice cream franchise, the franchise company will use their proven site selection system to ensure you get the best location.
The Ice Cream franchise will supply some key site selection factors your location should have such as:
- Area Demographics
- Population Density
- Traffic Statistics
- Parking Available
- Visibility of Site
- Desired Tenant Mix in Shopping Center
While many Ice Cream franchise companies will provide you with the selection criteria, they expect you to gather the facts and information for your particular location.
After you choose your location based on the franchise criteria, you will then have to gain final approval from your franchise team to ensure the location is up to par. Most ice cream franchises will send out a location expert or you will need to send pictures and paperwork about your location. After gaining final approval, you would sign the lease and get your business in operation!
January 21st, 2010
The initial investment required to start an ice cream franchise can range depending on the franchise you select and the type of options you choose. Typically the total investment required can range from $200K – $250K, with a liquid capital requirement of approximately $50K. The royalties for each ice cream franchise charges also vary.
The criteria that determines your initial investment will depend largely on:
- the type of facility you select (full-service storefront or kiosk, etc.)
- are you building a new operation or converting an existing Ice Cream shop facility
- which territory you select
- the franchise operation you select
The costs for a franchise include:
- initial franchise fee
- lease hold improvements
- equipment
- furniture
- fixtures
- signage
- point of sale systems (computers and software)
- training
- insurance
- initial advertising and promotional expenses
- royalties
** Please note the figures above are only estimates and can range from franchise to franchise.
January 21st, 2010
Big Name always cost too much.Ice cream machine is not high-tech like a spaceship, it should not be so expensive! You can make your own definite choice considering more than 90% similar performance but with 60% price only.
Purchase cheaper one if you wanna make real profit from starting.
Now the global economic proble makes this tipic more critical
Contact H&M USA for details
http://www.hmcompanyusa.com
January 5th, 2010
1.How these machines work together?
The first stip is a pasteurize machine.You put milk and base into it, it will cook the mix to +85 C.D. to kill the bacteria. then it will turn to age progress, which colls the mix o +4C.D.,and then keep fresh.All these progresses cost about 100 minutes and the dasher keeps on beating all the way,which makes the mix so even actually that it’s some sticky.The sticky is important which results in fantastic ice cream tastes.
Nest, you tak out the mix pan as you wish, and put it into a batch freeze.Within about 12 minutes the ice cream is ready.Now it’s -8 to -12 C.D., still some soft for eating.
Move into a blast freezer with -25 to -35 C.D. lasting for 15 to 20 minutes, theice cream is now -16 to -18 C.D.,which is the proper temperature with best taste. Now the ice cream is ferfect ready for sell. Of coures you need a display freezer. Normally it’s better to have a upright freezer with -20 C.D. for storage.
2.How to calculate the capacity?
Ice Cream should never be comples for anyone.Precisely estimate how much ice cream in KG you want for every day, and then consider how logn you need to produce it, so you can know the hour capacity for batch freezer and pasteurize machine.Thinking about how many flavors or pans you wnat to show and sell, you can know the showcase size.
January 5th, 2010
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