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Ritter's Frozen Custard
Our mission is to serve a product and experience that people constantly claim as their favorite ice cream ever. The RITTER'S brand has captured the imagination and fanatic loyalties of customers and franchisees alike. As a RITTER'S franchisee, you'll receive comprehensive training, including the importance of our philosophy and brand position. We have systems in place to help maximize franchisee sales, profits and net worth. Our core values have resulted in a diverse and successful franchise system.
Franchisor Background
Year Established:
1990
Franchising Since:
1995
Operating Units:
Franchised Units:
40
90.9%
Company-Owned Units:
4
9.1%
______
_____
Total Operating Units:
44
100%
Geographic Distribution:
U.S.:
44
100%
In 8 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
44
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Indiana
20
2. Michigan
5
3. Ohio
7
Registered in Following Registration States:
Financial Requirements
Investment:
Minimum Net Worth:
$300K
Cash Investment:
$55-80K
Total Investment:
$220-350K
Average Total Investment:
$260K
Fees:
Initial Franchise Fee:
$25K
Average Franchise Fee:
$25K
On-Going Royalty:
5%
Average Royalty:
5%
Advertising Fee:
2%
Average Number of Employees:
4 Full-time, 15 Part-time
Space Needs (in square footage):
1,200-1,500
Preferred Sites:
Free-standing Building, Storefront, Strip Center, Regional Mall