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| Brand | Millie’s Homemade Ice Cream Quick-Service Restaurants Remove | Gong cha Quick-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $254K – $557K | $185K – $627K |
Liquid capital | $15K – $25K | $10K – $87K |
Franchise fee | $50K | $35K |
Royalty rate | 5.5% | 6.0% |
Ad fund rate | 2.0% | 1.0% |
| Performance | ||
Avg gross sales | $380K | $440K |
Median gross sales | $424K | $401K |
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 | 32 / 100 | 31 / 100 |
SBA charge-off rate | 0.0% | 0.0% |
SBA loans on record | 2 | 15 |
| Scale | ||
Total units | 14 | 6 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 104 | 91 |
| Contacts | ||
Franchisee phones | 13 | 98 |
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