Episode Details

Summary

Cliff Kennedy, CEO of Frios Gourmet Pops, shares his journey from working in the family business to becoming a franchise owner and eventually the franchisor. Frios is a mobile, low-cost franchise that sells hand-poured gourmet popsicles. The company experienced a transformation during the COVID-19 pandemic, shifting to a mobile model and focusing on community events. Frios offers multiple revenue streams, including events, wholesale accounts, and cart sales. The franchise opportunity is simple to operate and appeals to a wide range of candidates. The investment cost is around $75,000, and the territories are based on zip codes.

Takeaways

• Frios Gourmet Pops transformed its business during the COVID-19 pandemic by shifting to a mobile model and focusing on community events.
• The franchise offers multiple revenue streams, including events, wholesale accounts, and cart sales.
• Frios is a simple and low-cost franchise opportunity that appeals to a wide range of candidates.
• The investment cost for a Frios franchise is around $75,000, and territories are based on zip codes.

Chapters

00:00
Introduction

00:50
Cliff Kennedy's Background

04:04
Transition from Family Business to Frios

05:00
Becoming a Franchisor

06:26
Transformation of Frios

09:43
Bringing in Patty Rother for Support

10:23
Shift to Mobile Franchising

12:20
Supply Chain and Distribution

13:48
Attributes of Frios as a Franchise Opportunity

15:41
Revenue Streams

20:14
Ideal Candidate for Frios Ownership

21:34
Territory Structure

22:31
No Look Pass Opportunity

23:29
Number of Franchisees and Growth

26:39
Investment Cost

28:34
Item 19 and Validation

30:04
Conclusion

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