Franchise FAQ

how much sub zero franchise

by Astrid Brekke Published 1 year ago Updated 1 year ago
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How much does a Sub Zero Ice Cream franchise cost?

  • Initial Franchise Fee: $35,000
  • Total Investment: $227,450 to $484,000
  • Working Capital: $10,000 to $25,000
  • Royalty Fee: 6.0%

Not so with Sub Zero! How much is the initial franchise fee
franchise fee
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
https://en.wikipedia.org › wiki › Franchise_fee
? The initial franchise fee is $35,000 for your first store location. For franchises purchased with the multiple-location addendum, the additional initial fee is only $20,000 per store!

Full Answer

Is Sub Zero a franchise?

Sub Zero's prospective franchise partners must own a passion for building a brand within their community and demonstrate the ability to build a high-performing team dedicated to operational excellence and guest satisfaction.

Who owns Sub Zero Ice Cream?

Owner Jerry HancockThe Sub Zero Ice Cream franchise began in 2004 in Utah. Owner Jerry Hancock used his background in chemistry to develop (and patent) a way to freeze ice cream using nothing but liquid nitrogen.

Which franchise was the cheapest to buy?

12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•

How many locations does Sub Zero Ice Cream have?

In 2008, Sub Zero opened its first franchise location. Others soon followed and their operating franchise locations have now grown to over 34 stores – including one in the Bahamas, with more set to open.

What is subzero worth?

4717 Hammersley Rd, Madison, Wisconsin, 53711, United States. Phone Number: (608) 271-2233. www.subzero-wolf.com/sub-zero. $728 Million.

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.

What franchise is the most profitable to own?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

What franchise can I open for 10K?

There are many franchise opportunities to invest in that don't require a huge initial investment....18 Affordable Franchises Under 10K in the U.S.Krispy Krunchy Chicken. ... Java Dave's Coffee House. ... Capriotti's Sandwich Shop. ... MOMLETA / Baby Boot Camp. ... Fit4Mom. ... Jazzercise. ... Social Owl. ... Fastest Feedback.More items...

How much is a Starbucks franchise?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

Where was the first Sub Zero Ice Cream?

Orem, UtahArmed 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.

Who invented Sub Zero Ice Cream?

Jerry HancockFast forward the development of ice cream to 2004, and you find Jerry Hancock, the founder of Sub Zero Ice Cream and Yogurt, opening the first Sub Zero restaurant after spending two years developing a technique for making delectable ice cream using liquid nitrogen.

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.

Who invented Sub Zero Ice Cream?

Jerry HancockFast forward the development of ice cream to 2004, and you find Jerry Hancock, the founder of Sub Zero Ice Cream and Yogurt, opening the first Sub Zero restaurant after spending two years developing a technique for making delectable ice cream using liquid nitrogen.

Where is Sub Zero Ice Cream from?

Provo, UtahAbout Sub Zero Ice Cream Sub Zero Ice Cream, based in Provo, Utah, is a national franchise dedicated to providing gourmet, custom-made ice cream. Quality cream, flavors and mix-ins are flash frozen with liquid nitrogen to produce upwards of 2.5 million combinations.

Where was Sub Zero Ice Cream started?

Orem, UtahHis technique was such a success, that in 2004 he opened Sub Zero Ice Cream in Orem, Utah. Since then, Sub Zero Ice Cream and Yogurt has changed from a small, local business into a regional sensation.

Where was the first Sub Zero Ice Cream?

Orem, UtahArmed 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 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.

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