- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$191K - $535K
- Units as of 2016
-
26
Company Overview
About Cream
Business Overview
| Franchising Since | 2012 (12 years) |
|---|---|
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 26 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cream 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
|
$30,000 |
|---|---|
|
Initial Investment
|
$191,000 - $535,000 |
|
Net Worth Requirement
|
$1,500,000 - $1,800,000 |
|
Cash Requirement
|
$1,500,000 - $1,800,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
| 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.
| In-House Financing | Cream offers in-house financing to cover the following: payroll |
|---|---|
| Third Party Financing | Cream has relationships with third-party sources which offer financing to cover the following: equipment, accounts receivable, payroll |
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 |
|
Are exclusive territories available?
|
Yes |
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