4/10

Franchimp Summary Rating

4 /10
Higher than 64% of peers

Franchise Summary

Company Background
Sul&Beans is a Korean shaved ice franchise that offers franchises for the operation of Sul&Beans(R) shaved ice and dessert cafes. At Sul & Beans, our mission is to provide an enjoyable experience with high quality products for you and your family. We offer different topings like fruit flavors, chocolate syrup, condensed milk, etc., in addition to original Korean-style syrups like green tea or coffee beans; all in a variety of flavors!
Franchise Opportunity
Shaved ice is a popular summertime treat, but the quality of shaved ice varies widely. The taste and texture can be inconsistent from one vendor to another. Sul & Beans(R) offers you a better option for enjoying shaved ice with friends and family. We offer high-quality Korean style shaved ice that will make your mouth water! Our signature product has been praised by customers as well as food critics in major cities across Korea since 2001. We have perfected our recipe over the past decade to create an incredibly tasty dessert that is also healthy and refreshing at the same time. You are invited to experience this unique flavor sensation right here in America, where it was born!

FAQ

How much investment do I need to start my own Sul & Beans business?
We aren't sure how much money you will need to start a Sul & Beans franchise. However, we can tell you that franchisees also operating in the Food & Beverage industry typically require $187,085 to $383,457 investment to start their franchise
What are the initial franchise fees for Sul & Beans?
We don't know exactly how much the franchise fees are for Sul & Beans, 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 Sul & Beans franchise? What are the average revenues for a typical Sul & Beans business?
We haven’t done the math on how much revenue a typical Sul & Beans brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Sul & Beans to generate a similar amount
How long do I need to commit to running a Sul & Beans 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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