General

Industry

Food and Beverage

Category

Frozen Dessert

SBA Identifier

S2164

Year of Founding

2013

Fees

Marketing Fee

1.5%

Royalty Fee

6%

Franchise Fee

$40,000-$40,000

Investment Range

$225K-$577K

Location units

Total U.S. Locations

60

U.S. Franchised Units

60

U.S. Corporate Units

1

Headquarters (City)

Yorba Linda

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2014

Issuance of FDD Data

03/15/2019

What to know about Creamistry franchise?

Creamistry stores are quick casual stores featuring hand-crafted, premium ice cream and complementary Foods.

Creamistry is based in Yorba Linda, CA. Scroll down to learn more!

How much does a Creamistry franchise cost?

Are you wondering how much is a Creamistry franchise? Before starting a Creamistry franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Creamistry franchise is $224,500 and can go all the way up to $576,500. Keep in mind, you should also allocate additional funds to live off of while the Creamistry business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Creamistry franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Creamistry business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Creamistry franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 10 21 0 32
2017 31 15 0 45
2018 45 18 5 59

Additional Details

How much does a Creamistry franchise owner make?

Creamistry franchise earnings and revenue can vary significantly from one franchisee to another.
The Creamistry franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Creamistry discloses financials at the unit level. In other words, they show how much Creamistry franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Creamistry franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Creamistry. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Creamistry owners were making.

Visit the Creamistry metrics tab to explore the financials for this business.

What is the Creamistry franchise fee?

Owning a Creamistry franchise requires 6% royalty fee and 1.5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Creamistry Franchise Disclosure Document

Keep in mind, there is also an initial Creamistry franchise fee of $40,000 that is included in the initial investment amount of $224,500 to $576,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Creamistry franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Creamistry franchise fee of $40,000.

Visit the Creamistry metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Creamistry founded?

Creamistry started offering franchises in 2014. Creamistry was founded 9 years ago in 2013.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Creamistry locations are in the U.S.?

As of 2019, there were 60 locations across the U.S. There are also 1 corporate locations. Most Food and Beverage franchises like Creamistry have more franchised locations than corporate locations.

How many Creamistry franchises opened over the past few years?

Over the prior 3 years we have data for, Creamistry has opened 54 outlets throughout the U.S. Visit the Creamistry metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Creamistry franchises closed over the past few years?

Over the prior 3 years we have data for, Creamistry has closed 5 outlets throughout the U.S

Visit the Creamistry metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Creamistry growing? Are they opening more locations than they are closing?

The net unit growth rate for Creamistry over the past 3 years is 500%. Over the last year we have data for, Creamistry had a net unit growth rate of 33%.

Without a comparison, this number doesn’t mean much. Compare how the Creamistry growth rate compares to 2,000+ other franchises and Industry franchises like Creamistry. More info in the Creamistry metrics tab.

Is Creamistry franchise eligible for an SBA Loan?

Creamistry is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Creamistry franchise was assigned the SBA Franchise ID of S2164 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Creamistry that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Creamistry a franchise in the United States?

According to the SBA, Creamistry meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Creamistry provides you with an FDD if you are in discussion to buy a Creamistry.

What is the Creamistry Franchise for Sale Rate?

The Creamistry systemwide health and franchisee satisfaction can be measured by the Creamistryfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Creamistry franchise for sale rate over the past 3 years is 23%. Over the last year we have data for, Creamistry had a franchise for sale rate of 13%.

Without a comparison, this number doesn’t mean much. Compare how the Creamistry franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Creamistry. More info in the Creamistry metrics tab.

What is the Creamistry Franchise Failure Rate?

Creamistry franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Creamistry failure rate over the past 3 years is 8%. Over the last year we have data for, Creamistry had a franchise failure rate of 8%.

Without a comparison, this number doesn’t mean much. Compare how the Creamistry franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Creamistry. More info in the Creamistry metrics tab.

How can I find out more details on Creamistry franchise?

Visit the Creamistry metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Creamistry

$400,500

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Creamistry

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Creamistry

$40,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Food and Beverage

Category

Frozen Dessert

SBA Identifier

S2164

Year of Founding

2013

Fees

Marketing Fee

1.5%

Royalty Fee

6%

Franchise Fee

$40,000-$40,000

Investment Range

$225K-$577K

Location units

Total U.S. Locations

60

U.S. Franchised Units

60

U.S. Corporate Units

1

Headquarters (City)

Yorba Linda

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2014

Issuance of FDD Data

03/15/2019

Detailed Franchise metrics for Creamistry

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Creamistry below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Creamistry

0%

500%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Creamistry

NA

23%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Creamistry

NA

8%

Industry median

All franchises median

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Business details

Company Name

http://creamistry.com

Business email

**********@******.com

Mailing address

22755 Savi Ranch Pkwy

State headquarters

California

Owner Name

Creamistry

Phone

+1 (000) 0********00

City

Yorba Linda

Zip code

92887
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