Question 1

How much does it cost to open a Millie's Homemade Ice Cream franchise?

Accepted Answer

The total initial investment for a Millie's Homemade Ice Cream franchise ranges from $254K to $557K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Millie's Homemade Ice Cream franchise fee?

Accepted Answer

The initial franchise fee for Millie's Homemade Ice Cream is $50K.

Question 3

What are the net worth requirements for a Millie's Homemade Ice Cream franchise?

Accepted Answer

Net worth requirements for Millie's Homemade Ice Cream are specified in the Franchise Disclosure Document.

Question 4

Does Millie's Homemade Ice Cream require a personal guarantee?

Accepted Answer

Yes, Millie's Homemade Ice Cream requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Millie's Homemade Ice Cream franchise?

Accepted Answer

Equipment costs for a Millie's Homemade Ice Cream franchise range from $45K to $70K. Initial inventory costs range from $7K to $12K.