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| Brand | Gong cha Quick-Service Restaurants Remove | Millie’s Homemade Ice Cream Quick-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $185K – $627K | $254K – $557K |
Liquid capital | $10K – $87K | $15K – $25K |
Franchise fee | $35K | $50K |
Royalty rate | 6.0% | 5.5% |
Ad fund rate | 1.0% | 2.0% |
| Performance | ||
Avg gross sales | $440K | $380K |
Median gross sales | $401K | $424K |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 31 / 100 | 32 / 100 |
SBA charge-off rate | 0.0% | 0.0% |
SBA loans on record | 15 | 2 |
| Scale | ||
Total units | 6 | 14 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 91 | 104 |
| Contacts | ||
Franchisee phones | 98 | 13 |
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