Start a Sub Zero Nitrogen Ice Cream Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $47K - $284K

Units as of 2024: 26 25% over 3 years

Sub Zero Nitrogen Ice Cream sells ice cream, which employees flash-freeze at -321 degrees using liquid nitrogen. Sub Zero Nitrogen Ice Cream has been in operation since 2004 and has grown from a simple but high-quality business in Provo, Utah. The company began franchising in 2005 and has since grown to include several locations nationwide.

A perfect candidate for the Sub Zero Nitrogen Ice Cream franchisee is an individual who has an appetite for both business and ice cream. They should also be passionate about their community and achieving operational excellence.

Why You May Want to Start a Sub Zero Nitrogen Ice Cream Franchise

By opening a Sub Zero Nitrogen Ice Cream franchise, you may be supported by a brand that has combined science and delicious treats. Franchisees may cater to many different types of customers since the brand offers various options and customizations. These include dietary needs like lactose-free, vegan, gluten-free, and sugar-free ice cream options.

Coupled with a good reputation and a considerable market segment, opening a Sub Zero Nitrogen Ice Cream franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive ice cream industry.

What Might Make a Sub Zero Nitrogen Ice Cream Franchise a Good Choice?

To be part of the Sub Zero Nitrogen Ice Cream team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

As a Sub Zero Nitrogen Ice Cream franchisee, you may be responsible for customer satisfaction, building the brand within your community, and ensuring that your team works to achieve operational excellence. Aside from operating a physical store, you may provide catering services. You may be supported by a full-fledged team that can help you in graphic design, construction, public relations and marketing, web programming and advertising, and training.

How Do You Open a Sub Zero Nitrogen Ice Cream Franchise?

As you decide if opening a Sub Zero Nitrogen Ice Cream franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Sub Zero Nitrogen Ice Cream franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

You may submit a franchise inquiry form to learn more about the Sub Zero Nitrogen Ice Cream franchise opportunity. After this, a Sub Zero Nitrogen Ice Cream franchise development representative may contact you to provide more information on the brand.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Sub Zero Nitrogen Ice Cream franchising team questions.

Company Overview

About Sub Zero Nitrogen Ice Cream

Industry	Food
Related Categories	Ice Cream, Ices, Frozen Yogurt, Desserts
Founded	2004
Parent Company	Sub Zero Franchising Inc.
Leadership	Jerry Hancock, CEO/Founder
Corporate Address	62 W. Center Provo, UT 84604
Social	Facebook, LinkedIn, Instagram, YouTube, TikTok

Business Overview

Franchising Since	2005 (19 years)
# of employees at HQ	28
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Middle East, Europe (Western), Mexico
# of Units	26 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Sub Zero Nitrogen Ice 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$20,000 - $35,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$47,182 - $284,000
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$300,000 - $1,000,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$75,000 - $1,000,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	20% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 years
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	Sub Zero Nitrogen Ice Cream offers in-house financing to cover the following: franchise fee
Third Party Financing	Sub Zero Nitrogen Ice Cream has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

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	30 hours
Classroom Training	30 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising 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? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	Yes
# of employees required to run	5-10
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes