4/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Description
As a franchisee, you will own and operate a Creamistry store. Creamistry stores are quick casual stores featuring hand-crafted, premium ice cream and complementary food and beverages.
Company Background
Creamistry is the first-ever premium ice cream franchise in North America. Creamistry is a quick casual restaurant serving handcrafted, artisanal ice cream and complementary food and beverages. Founded by three entrepreneurs who were frustrated with the lack of high-quality options when they wanted to treat themselves to an indulgent snack, Creamistry was born out of their commitment to provide customers with fresh, quality products that taste better than anything else on the market today.
Franchise Opportunity
Owning and operating a Creamistry store can be a very profitable endeavor, but it is not without its challenges. The most successful Creamistry stores are those that can offer their customers a unique and memorable experience. This means that you need to have a well-trained staff who can make delicious ice cream quickly and efficiently. With our help, you can own and operate a successful Creamistry store. We will provide you with all the training and support you need to make your store stand out from the competition.
Corporate Structure
We are in the business of selling franchises for an ice cream store operating under the CREAMISTRY name and related marks. A Creamistry Store ("Store") specializes in the preparation and sale of handcrafted ice cream and complementary beverages and food items. They are located at locations approved by us, such as in strip shopping centers, shopping malls, and free standing units.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Creamistry franchised business is $224,500 to $576,500. This includes the initial franchise fee of $40,000 for the first outlet that must be paid to us. If you are approved to open subsequent Creamistry store or stores, the initial franchise fee will be reduced to $30,000 for your second store and to $20,000 for your third and any additional Stores. In the case of an area developer, the initial development fee to be paid to the Franchisor is equal to the initial franchise fee of $40,000 for the first Creamistry store to be developed plus onehalf (1/2) of applicable franchise fees for any additional Creamistry stores to be developed under the Area Development Agreement. Your estimated initial investment as an area developer will therefore vary based on the total number of restaurants to be developed.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Creamistry Franchisees

Creamistry Franchise System Development in 2018

FAQ

How much investment do I need to start my own Creamistry business?
Franchisees typically require at least $230,000 to $586,000 investment to get their Creamistry business started
What are the initial franchise fees for Creamistry?
We don't know exactly how much the franchise fees are for Creamistry, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $13,088 and $18,818 to the franchisor
How much money can I make with a Creamistry franchise? What are the average revenues for a typical Creamistry business?
We haven’t done the math on how much revenue a typical Creamistry brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Creamistry to generate a similar amount
How long do I need to commit to running a Creamistry 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

Franchises in the Same Industry

Popular Franchises

Is this your Franchise?

Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today

CLAIM THIS FRANCHISE