Business Description

Restaurant franchise with the flexibility to offer a full menu from chicken, burgers and fries plus hand-dipped and soft serve ice cream treats to offering a very streamlined soft serve treats-only menu for a co-brand or limited space location.

Franchisor Background

Year Established:  1950

Franchising Since:  1950

Operating Units:
Franchised Units:	250	100%
Company-Owned Units:	0	0%
Total Operating Units:	250	100.0%
Geographic Distribution: U.S.: 243 97.2% In 0 States Canada: 0 0% In 0 Canadian Provinces International: 7 2.8% In 0 Foreign Countries   Total: 250 100.0%

North America:
States/Provinces with the largest number of operating units:

Density

Units

Registered in Following Registration States: California, Florida, Indiana, Maryland, Michigan, Minnesota, North Dakota, Virginia, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$20-250K
Total Investment:	$30K-1MM
Average Total Investment:	$515K
Fees:
Initial Franchise Fee:	$5-15K
Average Franchise Fee:	$10K
On-Going Royalty:	4-5%
Average Royalty:	4%
Advertising Fee:	1%

Average Number of Employees: Varies Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites: Co-Brand

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	7
Site Selection Assistance?	No
Lease Negotiation Assistance?	No
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
Expansion Plans
Projected New Units Over Next 12 months: 40-50 U.S.: Yes, All United States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Tastee-Freez.