Billions of pounds of ice cream are consumed in the U.S. annually. A brand to consider is Sloan's Ice Cream. Chef and entrepreneur Sloan Kamenstein created the brand based on his love for fine foods and sweet and opened the first Sloan's shop in 1999. Since then, the ice cream brand has become a staple of southern Florida. In addition to Florida, Sloan's can be found in California, Nevada, Kuwait, and Saudi Arabia. Customers come back for the brand's great service, fun look and atmosphere, and quality service. As a franchisee, you get Sloan’s logos, signage, designs and operational systems. You also benefit from the franchisor's supplier relationships. In addition to a comprehensive initial training program in Florida, you receive site selection and buildout assistance as well as ongoing support during your entire time with the brand. There are two franchise models: traditional and express. The models differ in terms of size, investment, and real estate requirements but offer similar products and experiences. Single-unit and multi-unit franchises are available in select markets across the U.S.
Sloan's is an SBA approved franchisor and will provided you with resources to finance your business. Multi-unit franchisees are provided a protected territory for development, which decreases their competition since they're the only Sloan's representative in the area. Candidates looking to invest in a traditional store should have at least $300,000 in liquidity and a minimum net worth of $1,000,000. For an express store, candidates should have minimum liquid capital of $180,000 and a net worth of $600,000. The initial term of the franchise agreement is five years.