How To Draw Sub Zero

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Jerry Hancock used his background in chemistry to develop a method of flash-freezing ice cream using liquid nitrogen. He and wife Naomi opened the first Sub Zero Ice Cream in Orem, Utah, in 2004, using this technology to offer customers the chance to customize their ice cream by choosing their milk base, flavors, mix-ins and texture. Sub Zero also offers a liquid nitrogen science education program that can be brought to schools.

Parent Company: Sub Zero Franchising Inc.

Leadership: Jerry Hancock, CEO/Founder

Franchising Since: 2005 (16 years)

Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following international regions: Middle East, Europe (Western), Mexico

# of Units: 35 (as of 2021)

Corporate Address: 62 W. Center
Provo, UT 84604

Corporate Address: Sub Zero Nitrogen Ice Cream

Here's what you need to know if you're interested in opening a Sub Zero Nitrogen Ice Cream franchise.

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee: $20,000 - $35,000

Initial Investment: $103,100 - $267,000

Net Worth Requirement: $300,000 - $1,000,000

Cash Requirement: $75,000 - $1,000,000

Veteran Incentives: 25% off franchise fee

Term of Agreement: 5 years

Is franchise term renewable?: Yes

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing: Sub Zero Nitrogen Ice Cream offers in-house financing to cover the following: franchise fee

Third Party Financing: Sub Zero Nitrogen Ice Cream has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training: 30 hours

Classroom Training: 30 hours

Additional Training: By manual

Ongoing Support: Security & Safety Procedures

Franchisee Intranet Platform

Additional details about running this franchise.

Is absentee ownership allowed?: No

Can this franchise be run from home/mobile unit?: Yes

Can this franchise be run part time?: Yes

# of employees required to run: 5-10

Are exclusive territories available?: Yes

Compare where Sub Zero Nitrogen Ice Cream landed on this year's Franchise 500 Ranking versus previous years.

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How to replicate the success? In this business model you find an option

In the midst of the crisis, some brands reinvented themselves, innovated their offerings and launched new low-investment business models. There were not a few franchises that decided to take the opportunity to acquire new locations or those that already plan new openings, growth and even international expansion by 2022. Join the sector!

Disclaimer

The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.

Updated: February 8th, 2021