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Applegate
Applegate Farms is an ice cream and frozen treats franchise. Applegate farms has a checkered past as it was one of the few farms which helped numerous slaves obtain their freedom and has been in operation since 1848. The Applegate Farm has moved from being a local farm in a New Jersey location, to evolve into a large franchising company offering opportunity to people wishing to start their own ice cream and frozen desserts outlet. The company has a rural image which assures customers of authentic ingredients sans any preservatives and artificial flavorings and ingredients.
Facts & figures
The capital required to open a unit is $100,000. The ongoing royalty for Applegate is 5%. The minimum you would expect to invest in a Applegate location is $137,700. The most you would expect to invest in a Applegate location is $322,000. Before you become an owner, you will owe the franchisor a franchise fee of $25,000. Applegate was established in 1848. Applegate began awarding franchises in 2002. In total, there are 7 units of this franchise open today.
