4/10

Franchimp Summary Rating

4 /10
Investment Accessibility
Higher than 65% of peers

Franchise Summary

Description
We offer franchises for the operation of SomiSomi soft serve ice cream stores providing unique soft serve ice creams in fish shaped cones with a choice of flavors, toppings and fillings, as well as other related products and services.
Company Background
SomiSomi is a family-owned soft serve ice cream store that specializes in unique all-natural flavors, toppings and fillings. We provide the freshest ingredients for our customers to enjoy. For instance, we use organic milk from pasture raised cows and natural cane sugar for our cones. Our mission is simplify the process of buying fresh food by providing an alternative to fast food restaurants with high quality products at affordable prices. SomiSomi provides healthy alternatives that are made without artificial colors or preservatives while still being delicious!
Franchise Opportunity
Soft serve ice cream is a popular dessert, but most people can only find it in the summer. Summer is just around the corner and we all know that soft serve ice cream tastes best when it's hot outside. But what if you could have your favorite soft serve ice cream year round? SomiSomi is an innovative new frozen dessert store that allows customers to enjoy their favorite flavors of soft-serve anytime they want! We offer over 20 different toppings, including fresh fruit and candy bars. In addition to our traditional soft-serve flavors like vanilla and chocolate, we also offer unique options like matcha green tea or taro root! Our fish shaped cones are made from biodegradable corn starch and bamboo charcoal so there's no mess left behind after eating with us! You'll love how fun our desserts are for kids too - each cone comes with its own toy surprise inside!
Corporate Structure
We are a California corporation formed on January 30, 2017. Our principal business address is 621 S. Western Ave., Suite 208 A, Los Angeles, CA 90005. We do business under our corporate name “SomiSomi Franchise” and our brand name “SomiSomi.” We do not do business under any other name. We have no predecessors, and we have not offered franchises for any other line of business. This is our first offering of franchises.
Investment and Franchisee Fees
The total estimated investment necessary to begin operation of a single unit SomiSomi Store franchise ranges from $223,100 $459,I00. This includes a $39,000 initial franchise fee that must be paid to us, the Franchisor.

Employee Contact Database

# Name Position Phone Number Email Address

SomiSomi Franchise System Development in 2018

FAQ

How much investment do I need to start my own SomiSomi business?
Franchisees typically require at least $196,000 to $410,000 investment to get their SomiSomi business started
What are the initial franchise fees for SomiSomi?
We don't know exactly how much the franchise fees are for SomiSomi, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $12,947 and $18,635 to the franchisor
How much money can I make with a SomiSomi franchise? What are the average revenues for a typical SomiSomi business?
We haven’t done the math on how much revenue a typical SomiSomi brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect SomiSomi to generate a similar amount
How long do I need to commit to running a SomiSomi 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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