I love teaching my daughters about business.
We talk about how our businesses make money, the people I’m meeting, hiring, or firing, the deals I’m working on, and why I’m grumpy on April 15th.
I would love to get her more involved in a business, but none of the ones I operate (auto repair, paint, and soon artificial turf) are kid-friendly.
A franchise my kids could run:
Frios Gourmet Pops is a modern-day ice cream truck selling pre-packaged gourmet popsicles.
The business model is simple.
Go to school events, football games, festivals, farmers markets, parades, block parties, & more.
Take it up a notch to book weddings, birthday parties, & corporate events. Sell wholesale to local restaurants, resorts, country clubs, & bars.
My daughters would take the orders & collect payments at events.
This would teach them sales, customer service & communication.
Afterward, we’d review how much we sold, subtract all expenses, and then split the profits.
On the back end, they’d learn how to manage & order inventory, basic accounting, reconcile a bank account, shop for insurance, and manage cash flow.
The harder they work, the more money they make.
Eventually, we could have multiple vans, carts, & trailers doing multiple events simultaneously.
Gourmet Flavors
All the pops are hand-made at the Frios facility in Alabama. Each pop only has four to five natural ingredients. A couple of highlights:
- Peppermint
- Key Lime Pie
- Cotton Candy
- Pink Lemonade
- Pineapple Mango
- Cookies N Cream
- Blueberry Cheesecake
Would you rather eat a popsicle with real strawberries or artificial strawberry-flavored liquid sugar pumped over ice?
Start-Up Costs & Earnings Potential
The investment starts at $66,500, including the franchise fee, downpayment on the van, opening inventory, working capital, and more.
Item 7 of the FDD provides the full breakdown.
The 2024 FDD includes sales data for territories open in 2023. Performance varies as owners operate very part-time, seasonal, and all-year-round.
Today, Frios has over 100 territories.
Next Steps
Do you want to build a business with your kids?
👉 Complete this short form to learn more 👈
We can check if your market is open & introduce you to the franchisor.
Plus, we provide due diligence resources to help you through the process.
Now is the perfect time to get started before the busy season.
If Frios isn’t the right fit, my team can help you explore other franchises.
Cheers!
Brian
