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Frios Gourmet Pops
1. Franchise Snapshot
Franchise Status
Active
Basic Information
Industry
Restaurants & Food
Category
Desserts
Investment Range
$71,615 - $90,654
Total US Locations
109
Franchise Units
108
Founding Year
2016
Started Offering Franchises
2018
Management Capacity
Job Count
7
Prior E2 Investors?
Prior Visa Franchise Clients?
Royalty Fee
Variable
Marketing Fee
NA
Franchise Fee
$37,500
Headquarters (City, State)
Mobile, AL
Square Footage
NA
Retail Location?
No
Agreement Term Length
10 years
Video
In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.
2. Franchise Overview
Overview
Management team / founders
Focus of owner for daily business operations
3. Performance & Metrics
Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
Variable
6%
6%
Marketing Fee
NA
Franchise Fee
$37,500
$35,000
$40,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
37,500
37,500
When Franchise Agreement is signed
Sweet Ride Van, Wrap, and Equipment
15,115
16,654
As incurred
Computer, Software, and Point of Sale System
300
1,500
As incurred
Grand Opening Marketing
1,000
2,000
As incurred
Initial Starter Pack
5,500
6,500
As incurred
Insurance Deposits – Three Months
1,000
2,000
As incurred
Travel for Initial Training
750
1,500
As incurred
Professional Fees
250
2,500
As incurred
Licenses and Permits
200
500
As incurred
Additional Funds – Three Months
10,000
20,000
As incurred
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2022
53
59
+6
Franchised
2023
59
89
+30
N/A
2024
89
108
+19
N/A
2022
1
1
0
Company-Owned
2023
1
1
0
N/A
2024
1
1
0
N/A
2022
54
60
+6
Total Outlets
2023
60
90
+30
N/A
2024
90
109
+19
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
1 year / 3 years
Failure Rate
1 year / 3 years
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
1 year / 3 years
Frios Gourmet Pops
21% / 104%
2% / 4%
0% / 11%
Industry median
0% / 3%
2% / 9%
0% / 6%
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.
