- 2023 Franchise 500 Rank
-
#164 Ranked #112 last year
- Initial investment
-
$152K - $565K
- Units as of 2022
-
583 5% over 3 years
Chill out and enjoy the coolest treat! Ben & Jerry's is an ice-cream franchise that was started in 1978. They sell tasty ice cream, sundaes, frozen yogurt, shakes, smoothies, and sorbet flavors. The goal is for each scoop of these products to take the customer on a sweet journey. Aside from running ice cream shops, Ben & Jerry’s provides ice cream catering services and makes ice cream cakes.
Why You May Want to Start a Ben & Jerry's Franchise
Ben & Jerry's is a well-known brand and may be a favorite for many. You can leverage the brand when you operate a franchise. Part of the mission for Ben & Jerry's is to achieve sustainable economic growth. Therefore, by partnering with them, it may be possible to experience growth in your local community.
Through processes including manufacturing, ingredient sourcing, and purchasing, the Ben & Jerry's team makes decisions that positively impact their franchises in an effort to help their franchisees. They want everyone from farmers and suppliers to customers and employees to walk away smiling.
What Might Make a Ben & Jerry's Franchise a Good Choice?
To be part of the Ben & Jerry's team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should be prepared for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees may also need to meet the company's set net worth and liquid capital requirements.
Be aware that Ben & Jerry's does not negotiate leases or provide in-house financing for anything outside of the franchise fee. However, they have partnered with third-party sources that may help you finance startup costs, equipment finance, inventory finance, and payroll for your franchise. They also will likely provide all the support you need to find your footing. They expect you to be engaged in your business and active in daily operations to brand activation and public outreach.
How To Open a Ben & Jerry's Franchise
If you meet the qualifications and are ready to bring the Ben & Jerry's flavors to your community, you can likely open a franchise in less than a couple of months. The process starts with submitting the initial inquiry form. After this, you will likely be given access to their franchise learning center. If your form is reviewed and you are deemed to be a good fit, you may have an introductory call. Then, you can complete the application package. Next, you can review and discuss the Franchise Disclosure Document with a representative. You may also have the opportunity to interact with other franchisees to get a feel for how the business operates.
As you decide if opening a Ben & Jerry's franchise is the right opportunity for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Ben & Jerry's franchise would do well in your community. If there are multiple other ice cream businesses in your area, then you may want to reconsider the location in terms of opening a Ben & Jerry’s franchise.
After your location is approved, you can add a little sweetness to everyone who walks through your doors with the newest Ben & Jerry's franchise.
Company Overview
About Ben & Jerry's
Business Overview
- Franchising Since
- 1981 (2023-1981 years)
- # of employees at HQ
- 100
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Illinois, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont, Washington, Wisconsin
This company is offering new franchisees in the following international regions: Australia/New Zealand, Europe (Western)
- # of Units
- 583 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Ben & Jerry's franchise.
Financial Requirements & Ongoing Fees
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
Information Circle - $16,000 - $37,000
-
Initial Investment
Information Circle - $152,200 - $565,300
-
Net Worth Requirement
Information Circle - $350,000
-
Cash Requirement
Information Circle - $100,000
-
Royalty Fee
Information Circle - 3%
-
Ad Royalty Fee
Information Circle - 4%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 8 hours
- Classroom Training
- 33.5 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Ben & Jerry's? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Ben & Jerry's landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Ben & Jerry's ranked on other franchise lists? Find out below.
Ranked #164 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #56 in 2023
Top Global Franchises
Ranked #3 in Ice Cream in 2022
Our annual list of the top restaurant and other food franchises, divided up by category, is the perfect place to start if you’re craving a food-based business opportunity.
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