Shake's Frozen Custard
Yes, we actively support the inclusion and development of minority-owned franchises in the Shake's Frozen Custard system.
Shake's Frozen Custard
244 W. Dickson St.
Fayetteville, AR 72701-5221
800#: (866) 742-5648
Tel: (479) 587-9115
Fax: (479) 587-0780
E-mail: toddosborne@shakesfrozencustard.com
Web Site: www.shakesfrozencustard.com
Contact: Mr. Todd Osborne, Development Specialist
SHAKE'S FROZEN CUSTARD is where friends gather, couples fall in love, and people of all ages come to enjoy the vibrant nostalgic atmosphere of the 50's. Featuring an extensive menu consisting of our one-of-a-kind, delicious frozen custard and a wide variety of innovative concepts, SHAKE'S is a rapidly growing franchise system. With intensive training and continuous support, we will always ensure your business is operating to its maximum potential.
Franchisor Background
Established: 1991
First Franchise: 1999
Franchise Units: 42
Company-Owned Units: 3
Total Units: 45
Distribution:
> North America -- Operations in 8 States
> States/Provinces with Greatest Density: 12 in AR, 8 in MO, 7 in TX
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 3 FT, 12 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; FS
(for abbreviations click here)
Financial Requirements
Cash Investment: $50-250K
Total Investment: $166-800K
Average Total Investment: $185K
Minimum Net Worth: $250K
Fees
>Franchise: $30K
>Average Franchise Fee: $30K
>Royalty: 5%
>Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 15/5
Passive Ownership: Discouraged
Area Development Agreements:Yes/15
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes
Size Of Corporate Staff: 10
On-Going Support: A,B,C,D,E,F,G,h (for an explanation click here)
Training: 2 Weeks in Fayetteville, AR.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: South, SE, SW, Midwest
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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