Hot Licks ice cream is made by the individual batch, forty quarts at a time, as opposed to the continuous flow system used by large companies to turn out thousands of gallons of each flavor.
Inside their College Road store the batch freezing method, combined with the use of the very finest ingredients obtainable, imparts an "old fashioned" or "homemade" characteristic to the ice cream that is absent from even the best of the national brands. Batch freezing also allows for tremendous flexibility and virtually unlimited flavor possibilities.
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Ice Cream Franchises
For more information on owning a Hot Licks franchise, please visit the official Hot Licks website here.
Franchising Tips and Facts
One of the reasons you may be considering a Hot Licks franchise opportunity is brand recognition. With well known established brands, you don't have to work as hard to build brand awareness because a lot of that work has already been done by the franchisor and other franchisees. A good brand is immediately familiar in consumers' minds. To the consumer, brand equals the company's reputation.
By following the franchisor's business practices and offering products that meet the company's standards, Hot Licks franchisees can consistently provide customers with quality goods and services. In the United States the Federal Trade Commission (FTC) and certain states can decide if a franchise is acting as a franchisor. If so, they regulate the activities of the franchisor, as to marketing and sales, and distribution of required disclosure information (Offering Circular aka UFOC) about the franchise to prospective purchasers. Certain other countries have similar regulations. Research has shown that the success rate of new franchisees is much higher than that for other new business start-ups.
Investigate earnings claims. If a franchisor makes earnings claims, they are required to have in writing the facts upon which those estimates are based. A seller must tell you the number and percentage of owners that have actually met the claimed profit margins. Beware of broad and unsubstantiated claims.
Owning a Hot Licks franchise is a long-term commitment. It happens all too frequently that people jump into business, and then they find out later that they do not like it because they expect to make lots of money. Making money from any business or franchise takes time, unless you enjoy yourself along the way, you are unlikely to perform at your peak and as a consequence, success may elude you.
In addition to the initial investment required for a Hot Licks Franchise, you will also need money to sustain yourself, and the business, until it becomes cash positive. Remember, too, that projections may not be accurate. Market conditions can change and if it takes longer than originally anticipated for the new business to reach breakeven, you'd should have some emergency funds set aside, or it could mean the demise of an inherently sound business.
Please Note: Hot Licks, and other
franchise opportunities, business opportunities,
businesses and franchises listed on this web site are not to be
considered as an "offering," suggestion or approval by
DialyFranchises.com. As always, we recommends seeking the advice of a lawyer, financial consultant or
accountant before purchasing a franchise or business opportunity.
