Abbott's Frozen Custard

Food & Beverage
FDD Year: 2025
Item 19 Available

Abbott's Frozen Custard®

Food & Beverage Year: 2025
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Business Model Overview

Abbott’s Frozen Custard is a retail frozen custard franchise offering frozen custard, soft drinks and related desserts and food products. The business model centers on retail sales to the public through in-person channels — including carry-out, optional indoor seating (dine-in), and drive-throughs (which the franchisor strongly encourages) — and the franchisor also authorizes short-term satellite kiosks intended for carry-out or delivery. Franchisees operate primarily stand-alone Abbott’s retail stands (with various configurations) and may develop satellite kiosks in close proximity to an existing full-service stand.

Pros & Cons Analysis

Pros

Very low outlet non‑renewals, reacquisitions, and signed-but-not-open counts — suggests low franchisee turnover and greater unit stability (lower operational risk).
Item 19 is audited — provides unusually strong financial disclosure and transparency for evaluating performance and ROI.
Franchisor appears unable to sell online/into retail or operate alternative venues in franchisees' territories — reduces franchisor competition within territories.

Cons

Initial franchise fee is substantially above industry (low-range $33,300 vs median ~$15,000) — high upfront cost reduces margin and payback speed.
Mandatory ongoing training costs are substantially above peers (franchise reports $3,500) — significant recurring fee pressure on profitability.
No formal training program/on‑site training and a substantially below‑average training & support score — indicates weak operational support and increased execution risk for new franchisees.

Territory Protection Score

0/100
POOR

The franchisee receives no meaningful territorial protection — the 'none' designation means no exclusive or protected area is granted. While the franchisor does not appear to reserve online sales or the explicit right to reduce the territory, the franchisee also lacks a right of first refusal, leaving protection minimal and resulting in a very weak score (0/100).

Training & Support Score

0/100
POOR

With a very low training_and_support_score (0), Abbott's Frozen Custard offers a limited training program: it provides no on-site training — a major weakness — and only a limited number of formal hours (0 hours reported). No initial personnel are included in the fee, and living expenses are not covered, leaving franchisees with minimal direct support during launch and operations.

Executive Summary

Initial outlay includes an expensive non‑refundable $37,000 franchise fee plus substantial buildout and equipment costs (operational equipment ~$256–273k and real estate/improvements ranging from ~$114k to $1.3M), meaning total startup capital can reach the mid‑six to seven figures when inventory and 3–6 months reserves are included. Item 19 (audited) shows franchised stands averaged $369,996 gross sales (median $333,735, n=5) with high variability and only 40% meeting the average; drive‑through-configured locations produced materially higher sales (median ≈$683k), signalling that site configuration is a primary revenue driver. Key risk factors: no territorial protection (score 0), essentially no on‑site initial training or launch support (training score 0), a moderate legal‑risk profile with pending enforcement action, and mandatory personal/spousal guarantees. In sum, the opportunity offers meaningful upside in optimal drive‑through sites but is a high‑variability, high‑capex, and enforcement‑intensive proposition with limited franchisor cushioning.

Performance Analysis

The total_units_growth chart documents the franchise’s unit-count trajectory from 2021 through 2024, and the unit_mix chart shows how those units are distributed across formats over the same period. Prospective franchisees should use these charts together to determine whether expansion has been broad-based or concentrated in specific formats—rising total_units_growth paired with a shift in unit_mix toward smaller, lower-capex units suggests a scalable growth strategy, whereas stagnant total growth with concentration in flagship formats may indicate market saturation and higher upfront investment requirements.

Key Performance Indicators

None total units growth from 2021 to 2024

None total units growth from 2021 to 2024

None unit mix from 2021 to 2024

None unit mix from 2021 to 2024

Financial Performance Analysis (Item 19)

Average Gross Sales:
$369,996
Median Gross Sales:
$333,735
High Gross Sales:
$536,439
Low Gross Sales:
$217,800
Sample Size:
5
Percent Attaining Average:
40.0%
Audited:
Yes
Franchise vs Corporate Performance: Designated franchised stands (n=5) had an average 2024 Gross Sales of $369,996 (median $333,735). Drive-through stands (Table 2, n=5) show materially higher average 2024 Gross Sales at $676,250 (median $683,122), driven largely by one very high-performing drive-through (Location F at $1,044,383). This indicates that locations with drive-through capability can generate substantially higher revenue, although the sample is small.
Performance Variability Analysis: There is significant variability across stands. For the designated franchised group 2024 sales range from $217,800 to $536,439 (spread $318,639) and only 2 of 5 stands (40%) met or exceeded the group average in 2024. For drive-through stands, one outlier (F) pulls the average up; three of five drive-throughs met or exceeded the 2024 average (60%). With such small samples, averages are sensitive to outliers; medians (franchised median $333,735; drive-through median $683,122) provide a more robust central tendency.
Data Scope and Limitations: Tables 3a/3b (expense percents) are audited. The Item 19 gross-sales figures are annual (fiscal year Nov 1–Oct 31) and based on historical results; some locations have differing operating months (note: one drive-through operates only 8 months, and one drive-through has limited years of data). The disclosures present imputed royalty and advertising contributions in expense tables. Net income figures are not provided in Item 19, so profitability in dollar terms cannot be calculated from these pages alone. Use historical gross-sales and audited expense percentages cautiously given small sample sizes and location-specific factors.

Investment Requirements

Total Outlets:
30
Company Owned Units:
6
Franchised Units:
24

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