Ritter’s Frozen Custard FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers franchises for the operation of Shoppes under the name “Ritter’s Frozen Custard” offering a wide variety of frozen custard products and beverages, as well as hamburgers, hot dogs and fries. They also offer co-branding opportunities and satellite “scoop shoppe” opportunities.
Corporate Information
TRUFOODS, LLC is the Franchisor and maintains its principal place of business at , 56 Columbine Circle, Newtown, Pennsylvania 18940. They are a New Jersey limited liability company formed on October 25, 2005 as Miramar JC Condominium I, LLC. Miramar JC Condominium I, LLC was a dormant entity until June 22, 2007, when it changed its name to TRUFOODS, LLC. They began offering franchises for Ritter’s Frozen Custard
Shoppes in Spring 2008.
Investment
The total investment necessary to begin operation of a Ritter’s franchise located in a strip Shopping center is $387,000 to $716,000. This includes $25,000 that must be paid to the franchisor and/or its affiliate, as appropriate. The total investment necessary to begin operation of a Ritter’s franchise located in a freestanding building (excluding real estate costs) is $526,500 to $1,138,00. This includes $25,000 that must be paid to the franchisor and/or its affiliate, as appropriate. The total investment necessary to begin operation of a Ritter’s co-branded franchise is $76,000 to $385,500. This includes between $10,000 and $27,500 that must be paid to the franchisor and/or its affiliate, as appropriate. The total investment necessary to begin operation of a Ritter’s satellite scoop shoppe franchise is $166,000 to $496,500. This includes $17,500 that must be paid to the franchisor and/or its affiliate, as appropriate.