4/10

Franchimp Summary Rating

4 /10
Higher than 65% of peers

Franchise Summary

Description
Handel’s Enterprises, LLC offers individual franchises for the operation of ice cream parlors that sell homemade ice cream, sherbet, ices, sorbet, frozen yogurt and other ice cream products.
Company Background
The Handel's story began in 1892 when a German immigrant named Rudolph Handel first opened a small ice cream parlor on the corner of 14th and Chestnut Streets in Philadelphia. Today, over 120 years later, we have grown to become one of America's most prominent ice cream brands with over 300+ locations nationwide. Handel's offers an exclusive franchise opportunity for those looking to own their own business as well as those who are interested in being part of something bigger than themselves. The Handel's Franchise is available to entrepreneurs that have demonstrated success running their own business or large corporation and want more freedom and flexibility.
Franchise Opportunity
Owning and running an ice cream franchise can be a lucrative business, but it's important to make sure you have the right tools and support in order to be successful. Owning an ice cream franchise can be a lot of work. You need to have a great product that people love, as well as a strong marketing strategy to get your name out there. Handel's Enterprises, LLC offers individual franchises for the operation of ice cream parlors that sell homemade ice cream, sherbet, ices, sorbet, frozen yogurt and other ice cream products. We provide all of the tools and support you need to be successful in this business venture, from training on how to make our delicious products to marketing materials that will help you attract customers. Contact us today to learn more about how we can help you launch your own successful ice cream franchise!
Corporate Structure
Handel’s Enterprises, LLC is a Delaware limited liability company. They were originally organized as a corporation under the laws of the State of Ohio on March 1, 1998, and they converted to a Delaware limited liability company on October 10, 2019. They maintain their principal place of business at 3830 Starr Centre Drive, Canfield, Ohio 44406. They have offered Handel’s Franchises since 1989.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Handel’s Franchise ranges from $234,500 to $714,500. This includes between $170,000 and $230,000 that must be paid to the franchisor or their affiliates. The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Handel's Franchisees

Handel's Franchise System Development in 2017

FAQ

How much investment do I need to start my own Handel's business?
Franchisees typically require at least $234 to $820 investment to get their Handel's business started
What are the initial franchise fees for Handel's?
Franchisees typically need to pay at least $170 in fees directly to Handel's in order to earn the right to launch their business
How much money can I make with a Handel's franchise? What are the average revenues for a typical Handel's business?
We haven’t done the math on how much revenue a typical Handel's brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Handel's to generate a similar amount
How long do I need to commit to running a Handel's unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $324,567 to $659,500 which is Much Higher than the $0 to $0 average in the Frozen Desserts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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