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Tastee-Freez

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Tastee-Freez
48380 Van Dyke Ave.
Utica, MI 48317
800#:
Tel: (586) 739-5520
Fax: (586) 739-8351
E-Mail: [email protected]
Web Site: www.tastee-freez.com
Contact: Mr. Bob Lerash, Dir. Operations/Development


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


Established: 1950
First Franchise: 1950
Franchise Units: 250
Company-Owned Units: 0
Total Units: 250

Distribution:
U.S. -- 243; Canada -- 0; International -- 7
-North America -- Operations in NR
-States/Provinces with Greatest Density: NR

Projected New Units Over Next 12 months: 40-50
Franchisee Qualifications: 3, 3, 3, 3, 3, 3
(Click here for an explanation)

Registered in Following Registration States: CA,FL,IN,MD,MI,MN,ND,VA,WI (Click here for an explanation)
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: NR SF; FS, SF, SC, Co-Brand (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $20-250K
Total Investment: $30K-1MM
Average Total Investment: $515.0K
Minimum Net Worth: $NA

Fees:
-Franchise: $5-15K
-Average Franchise Fee: $10.0K
-Royalty: 4-5%
-Average Royalty: 4.5%
-Advertising: 1%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: NA
Sub-Franchising Contracts: NA
Expand In Territory: Possible


Franchisor Support and Training Provided

Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 7
On-Going Support: B,C,D,E,F,G,H (Click here for an explanation)
Training: Varies.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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