- Sub Zero franchise fees: $30,000 including mobile, but a traditional or kiosk location is also required
- Typical start-up cost to open store: $155,000 to $381,000. Our disclosure document details this and breaks down the expenses.
- Average store size: 1200 sq. feet
- Franchise royalty fee: 6% of net sales
- National advertising fee: 2% of net sales
Full Answer
Why Sub Zero franchisees?
Sub Zero is constantly enhancing their training using videos, manuals, and other services, which are available to all franchisees upon production. Sub Zero Franchises also has a small investment.
Why a sub zero nitrogen ice cream franchise?
Since 2005, Sub Zero Nitrogen Ice Cream has built a name for itself by offering an experience like no other in the ice cream business. Add to the experience that Sub Zero uses the highest-quality ingredients that inspire customers and franchisees alike.
What is Subsub zero ice cream?
Sub Zero Ice Cream is an exciting and innovative franchise opportunity. Together, we bring science to our favorite frozen treat so it not only delivers an outstanding product, but also provides an unforgettable experience for your customers. Join the best ice cream franchise today!
Why choose sub zero catering?
Our catering abilities will accent the most elegant of weddings or corporate events equally. Sub Zero engages perfectly in an exciting, educational, and fun science-focused S.T.E.M. school presentation or annual school fundraiser.
Why Sub Zero Ice Cream?
Is Sub Zero a small investment?
Does Sub Zero cater to allergies?
Does Sub Zero Ice Cream have training?
How much is a subzero franchise?
What Does a Sub Zero Ice Cream Franchise Cost? To buy a franchise with Sub Zero Ice Cream, you'll need to have at least $80,000 in liquid capital and a minimum net worth of $250,000. Franchisees can expect to make a total investment of at least $250,000.
Is subzero a franchise?
No matter the weather, Sub Zero Ice Cream franchise partners make fresh, delicious ice cream right before each guest's eyes. Our catering abilities will accent the most elegant of weddings or corporate events equally. Sub Zero engages perfectly in an exciting, educational, and fun science-focused S.T.E.M.
Who owns subzero ice cream?
Jerry and Naomi opened their first Sub Zero Nitrogen Ice Cream in 2004. Since then, the company has become a regional sensation, bringing dessert goers around the world a delicious, cool, and sensational treat.
What is the average cost to buy a franchise?
How much does it cost to start your own franchise? Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.
Did subzero get a deal on Shark Tank?
Robert Herjavec doesn't think it makes sense to bring another new partner into the business. Lori Greiner believes the pair can succeed on their own. The final Shark, Mark Cuban doesn't “want to be in the ice cream franchise business.” He goes out, and the pair leave the stage without a Shark deal.
Did Sub Zero get a deal on Shark Tank?
The company's founder ended up turning down the investment offer they got on "Shark Tank," but in 2019, the company was acquired by SC Johnson. But what ever happened to Sub Zero Ice Cream? The company appeared on "Shark Tank" in 2013 and failed to get an offer from the Sharks (via Shark Tank Tales).
Where was the first Sub Zero Ice Cream?
Armed with a chemistry degree from Brigham Young University, Jerry developed a method of freezing ice cream with liquid nitrogen (which comes from the air we breathe). His technique was such a success that in 2005 he opened the first Sub Zero Ice Cream shop in Orem, Utah.
What is the most profitable franchise?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Do franchises pay taxes?
Franchise taxes are paid in addition to federal and state income taxes. The amount of franchise tax can differ greatly depending on the tax rules within each state and is not calculated on the organization's profit. Kansas, Missouri, Pennsylvania, and West Virginia all discontinued their corporate franchise taxes.
How much does a franchise owner make a year?
According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
When did sub zero open?
1945: Bakke founded Sub-Zero Freezer Company in Madison, Wisconsin. The Sub-Zero name was chosen because its freezers were the first to meet the strict quality standards for below-zero safety in freezing food.
Is liquid nitrogen ice cream safe?
The U.S. Food and Drug Administration warned people not to eat liquid nitrogen ice cream. The FDA said the liquid nitrogen is so cold it could be harmful to a person's health. Officials said eating liquid nitrogen could burn someone's throat because it is so cold.
How is Sub Zero ice cream made?
Sub Zero Ice Cream is a chain of cute little ice cream shops where you not only create your own ice cream, but it's made by injecting liquid nitrogen. I'm not even kidding. First, you toss your chosen liquid base into a bowl with flavorings and extras—like pecans or strawberries.
Who invented nitrogen ice cream?
Agnes Bertha Marshall, a self-made English culinary entrepreneur, writer, teacher, business leader, inventor and patent holder. She was one of the first to suggest using liquid nitrogen, or “liquid air”, to create ice cream!
Why Sub Zero Ice Cream?
Sub Zero Ice Cream considers all franchisees part of the Sub Zero family, so we want to make sure every location is successful. That is why the corporate office is always just a phone call, email, or visit away to help educate you on the Sub Zero opportunity, train you and your employees, and provide continuous corporate support as your store grows.
Is Sub Zero a small investment?
Sub Zero Franchises also has a small investment.
Does Sub Zero cater to allergies?
The combination of ice cream and science create a memorable experience for everyone involved in the process. Sub Zero also caters to most allergies and sensitivities. This unique custom-made process can please any customer.
Does Sub Zero Ice Cream have training?
Thorough Training – Sub Zero Ice Cream trainers will make sure that when your restaurant doors open, you are completely prepared to run your store smoothly. Sub Zero is constantly enhancing their training using videos, manuals, and other services, which are available to all franchisees upon production.
What is sub zero ice cream?
Sub Zero uniquely provides franchise partners with generous revenue generating opportunities that no other dessert business provides. We travel well making mobile catering easy. No need to lug around tons of frozen ice cream to accommodate large events. No matter the weather, Sub Zero Ice Cream franchise partners make fresh, delicious ice cream right before each guest's eyes.
What are the qualifications to become an ice cream franchise?
Qualified candidates must possess an eye for operational excellence, a passion for their community, and a love of ice cream. We are looking for franchise partners that can hold to our core-values of SHOWCASING our service-oriented, customer-centric experience. Franchise Partners must possess a passion for being involved in their community, and a sheer desire to reach new heights of business opportunities through in-store operations, catering, and school science presentations.
Is Sub Zero gluten free?
Regardless of a person's health or lifestyle, Sub Zero has them covered. We offer vegan, lactose free, gluten free, & sugar free options!
How much is Sub Zero royalty?
Sub Zero’s royalties are 6% of ongoing sales. Sales tax is not subject to the royalty.
How long does it take to open a sub zero?
After the final agreements are signed and you’re the proud owner of a new Sub Zero franchise, it can take as little as 3 to 5 months to open your business. This depends on the time it takes to select a favorable location for your business, arrange any financing if needed, train and build out the interior to comply with the Sub Zero interior design.
How much does it cost to franchise a storefront?
Storefront Franchises. You pay us a $35,000 Initial Franchise Fee upon signing the Franchise Agreement. If you are the first franchisee in a given state or metropolitan area, we may require that you concurrently purchase a minimum of three franchises, all of which are to be opened and operated within the same metropolitan area. If you purchase more than one franchise concurrently, the Initial Franchise Fee is $35,000 for the first franchise and $20,000 for each additional franchise. To be eligible to pay the reduced initial franchise fees for multiple franchises, you must pay to us the entire Initial Franchise Fee upfront for each franchise when you sign the relevant franchise agreement.
What is sub zero assistance?
Assistance in scouting out great locations within your selected territory is provided with each store . This can include: real estate agency network, demographic research, and other services. Design work, equipment acquisition, supplier/vendor relationships, and other support will be provided by the Sub Zero corporate team.
How much does a mobile unit franchise cost?
Mobile Unit Franchises. You pay us a $20,000 Initial Franchise Fee upon signing the Franchise Agreement. If you purchase more than one Mobile Unit franchise concurrently, the Initial Franchise Fee is $20,000 for the first franchise and $15,000 for each additional franchise. To be eligible to pay the reduced initial franchise fees for multiple franchises, you must pay to us the entire Initial Franchise Fee upfront for each franchise when you sign the relevant franchise agreement.
What Might Make a Sub Zero Nitrogen Ice Cream Franchise a Good Choice?
To be part of the Sub Zero Nitrogen Ice Cream team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
Who invented the ice cream sub zero?
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.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Why Sub Zero Ice Cream?
Sub Zero Ice Cream considers all franchisees part of the Sub Zero family, so we want to make sure every location is successful. That is why the corporate office is always just a phone call, email, or visit away to help educate you on the Sub Zero opportunity, train you and your employees, and provide continuous corporate support as your store grows.
Is Sub Zero a small investment?
Sub Zero Franchises also has a small investment.
Does Sub Zero cater to allergies?
The combination of ice cream and science create a memorable experience for everyone involved in the process. Sub Zero also caters to most allergies and sensitivities. This unique custom-made process can please any customer.
Does Sub Zero Ice Cream have training?
Thorough Training – Sub Zero Ice Cream trainers will make sure that when your restaurant doors open, you are completely prepared to run your store smoothly. Sub Zero is constantly enhancing their training using videos, manuals, and other services, which are available to all franchisees upon production.
