- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$217K - $284K
- Units as of 2023
-
3 50.0% over 3 years
Company Overview
About Tipsy Scoop
Business Overview
Franchising Since | 2023 (2 years) |
---|---|
# of employees at HQ | 21 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, District of Columbia, Delaware, Florida, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, New Jersey, New Mexico, Nevada, New York, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Texas |
# of Units | 3 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Tipsy Scoop 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
|
$35,000 |
---|---|
Initial Investment
|
$217,291 - $284,352 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$75,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
5.5% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
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 hours |
---|---|
Classroom Training | 18 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Co-op Advertising
National Media
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 1-3 |
Are exclusive territories available?
|
No |
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