Dippin' Dots Franchise
Saturday, April 24, 2010 at 01:38PM Specialty ice cream, frozen yogurt & ices
Research biotechnologist Curt Jones used his expertise in cryogenic freezing processes to find new ways to produce ice cream. After nearly a year of experimenting with the idea of flash-freezing his family's homemade ice cream, Jones created and sold his first cups of Dippin' Dots ice cream in 1988.
Because of Jones' flash-freezing process, Dippin' Dots ice cream forms into little balls (hence the term 'dots'), but unlike freeze-dried products, the ice cream can still melt.
Start-up Costs & Franchises Fees
What is the total cost to open a Dippin' Dots Franchises?
Total Cost: $69,500-$214,800
Total Franchise Fees: $12,500
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: Varies
Contact Information for Dippin' Dots
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Dippin' Dots Franchising Inc. |
Phone Number: (270)575-6990 |
Dippin' Dots In the Press
No results at this time.Historical Expansion
In what year did Dippin' Dots begin operations? 1988
When did Dippin' Dots begin selling franchises? 2000
Year United States Canada International Corporate 2005 635 1 0 2 2004 618 1 0 2 2003 598 0 0 2 2002 576 0 0 2 2001 569 0 0 3
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks
Franchise Operation Restrictions
95% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes