Ritter's Frozen Custard
Frozen custard, burgers- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$365K - $1.1M
- Units as of 2016
-
20
Company Overview
About Ritter's Frozen Custard
Industry | Food |
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Related Categories | Ices,Ice Cream,Miscellaneous Quick-Service Restaurants |
Founded | 1990 |
Parent Company | Trufoods LLC |
Leadership | Gary Occhiogrosso, CEO |
Corporate Address | 666 Fifth Ave., 27th Fl. New York, NY 10103 |
Social |
Business Overview
Franchising Since | 1994(29 years) |
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# of employees at HQ | 7 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
# of Units | 20(as of 2016) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Ritter's Frozen Custard 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 |
$25,000 |
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Initial Investment |
$365,000 - $1,107,900 |
Net Worth Requirement |
$750,000 - $1,100,000 |
Cash Requirement |
$150,000 - $1,500,000 |
Veteran Incentives |
50% off franchise fee |
Royalty Fee |
5% |
Ad Royalty Fee |
2% |
Term of Agreement |
10 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.
Third Party Financing | Ritter's Frozen Custard has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
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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 | 20 days |
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Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
|
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 |
#运行所需的员工 | 20 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Ritter's Frozen Custard? Request a free consultation with a Franchise Advisor now.
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