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General

Industry

Food and Beverage

Category

Frozen Dessert

SBA Identifier

S2268

Year of Founding

1986

Fees

Marketing Fee

0

Royalty Fee

6%

Franchise Fee

$35,000-$

Investment Range

$243K-$761K

Location units

Total U.S. Locations

13

U.S. Franchised Units

10

U.S. Corporate Units

3

Headquarters (City)

Portland

Other

Item 19 - Franchise Financials

Financing Availability

yes

Started Offering Franchises

Issuance of FDD Data

01/04/2019

What to know about Sertinos franchise?

The franchisee will operate a shop or café which offers ice cream, frozen yogurt, sandwiches, specialty coffee, and light meal items such as soups and baked goods.

Sertinos is based in Portland, . Scroll down to learn more!

How much does a Sertinos franchise cost?

Are you wondering how much is a Sertinos franchise? Before starting a Sertinos 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 Sertinos franchise is $242,600 and can go all the way up to $760,550. Keep in mind, you should also allocate additional funds to live off of while the Sertinos 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 Sertinos franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Sertinos business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Sertinos 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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Download our guide to compare Sertinos. Hotels to the Frozen Dessert, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 14 0 1 12
2017 12 4 3 13
2018 13 0 3 10

Additional Details

How much does a Sertinos franchise owner make?

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

Sertinos unfortunately does not disclose financials on how much Sertinos franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Sertinos does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Sertinos franchisees. Do note that Sertinos is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Sertinos franchisees to understand how much money they are making from their Sertinos business.

You should also speak to former Sertinos franchisees to understand why they left the system. Did they sell their Sertinos at a profit? Were they forced to close their Sertinos franchise down because it kept losing money?

What is the Sertinos franchise fee?

Owning a Sertinos franchise requires 6% royalty fee and 0% 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 Sertinos Franchise Disclosure Document

Keep in mind, there is also an initial Sertinos franchise fee of $35,000 that is included in the initial investment amount of $242,600 to $760,550. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Sertinos franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Sertinos franchise fee of $35,000.

Visit the Sertinos 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 Sertinos founded?

Sertinos started offering franchises in . Sertinos was founded 36 years ago in 1986.

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 Sertinos locations are in the U.S.?

As of 2019, there were 10 locations across the U.S. There are also 3 corporate locations. Most Food and Beverage franchises like Sertinos have more franchised locations than corporate locations.

How many Sertinos franchises opened over the past few years?

Over the prior 3 years we have data for, Sertinos has opened 4 outlets throughout the U.S. Visit the Sertinos metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Sertinos franchises closed over the past few years?

Over the prior 3 years we have data for, Sertinos has closed 7 outlets throughout the U.S

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

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

The net unit growth rate for Sertinos over the past 3 years is -29%. Over the last year we have data for, Sertinos had a net unit growth rate of -23%.

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

Is Sertinos franchise eligible for an SBA Loan?

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

Sertinos franchise was assigned the SBA Franchise ID of S2268 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Sertinos 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 Sertinos a franchise in the United States?

According to the SBA, Sertinos 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 Sertinos provides you with an FDD if you are in discussion to buy a Sertinos.

What is the Sertinos Franchise for Sale Rate?

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

Sertinos franchise for sale rate over the past 3 years is 8%. Over the last year we have data for, Sertinos had a franchise for sale rate of 0%.

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

What is the Sertinos Franchise Failure Rate?

Sertinos 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!

Sertinos failure rate over the past 3 years is 70%. Over the last year we have data for, Sertinos had a franchise failure rate of 30%.

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

How can I find out more details on Sertinos franchise?

Visit the Sertinos 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

Sertinos

$501,575

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Sertinos

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.

Sertinos

$17,500

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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Franchise Disclosure Document

Not Available

General

Industry

Food and Beverage

Category

Frozen Dessert

SBA Identifier

S2268

Year of Founding

1986

Fees

Marketing Fee

0

Royalty Fee

6%

Franchise Fee

$35,000-$

Investment Range

$243K-$761K

Location units

Total U.S. Locations

13

U.S. Franchised Units

10

U.S. Corporate Units

3

Headquarters (City)

Portland

Other

Item 19 - Franchise Financials

Financing Availability

yes

Started Offering Franchises

Issuance of FDD Data

01/04/2019

Detailed Franchise metrics for Sertinos

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Sertinos 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.

Franchise Fee Midpoint

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

Sertinos

$17,500

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Not Available

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

Sertinos

NA

70%

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

Sertinos

NA

8%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

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

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Mailing address

-

State headquarters

-

Key leadership

Sertinos

Phone

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

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City

-

Zip code

-
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