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Liquid capital required
|
$150,000
|
Net worth required
|
$350,000 - $500,000
|
Investment
|
$288,896 - $406,160
|
Franchise fee
|
$35,000
|
Royalty
|
5.5%
|
Units in operation
|
36
|
Founded
|
1902
|
Franchising Since
|
1977
|
You'll need $150,000 in liquid capital to open a Abbott's Frozen Custard. You need to have a total net worth of $350,000 if you want to become an owner. The ongoing royalty payments from franchisees paid back to the franchisor is 5%. $288,896 is the minimum that Abbott's Frozen Custard expects its owners will need to invest in a new location. The most you would expect to invest in a Abbott's Frozen Custard location is $406,160. Before you become an owner, you will owe the franchisor a franchise fee of $35,000. Abbott's Frozen Custard was established in 1902. They became a franchised system in 1977. In total, there are 36 units of this franchise open today.
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