Start-Up Costs and Fees |
||
| Bananas Smoothies & Frozen Yogurt | Yogurt Lab | |
| Investment | 224500 - 457000 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% of Gross Revenues |
| Advertising Fee | 1% | 1% local |
| Year Founded | 1975 | 2011 |
| Year Franchised | 2003 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bananas Smoothies & Frozen Yogurt | Yogurt Lab | |
| Experience | ||
Financing Options |
||
| Bananas Smoothies & Frozen Yogurt | Yogurt Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Bananas Smoothies & Frozen Yogurt | Yogurt Lab | |
| Training | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store | |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 19 | |
Expansion Plans |
||
| Bananas Smoothies & Frozen Yogurt | Yogurt Lab | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Franchise Fee | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Royalty Fee | |
| Bananas Smoothies & Frozen Yogurt | 5% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Bananas Smoothies & Frozen Yogurt | 1% |
| Yogurt Lab | 1% local |
| Year Founded | |
| Bananas Smoothies & Frozen Yogurt | 1975 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Bananas Smoothies & Frozen Yogurt | 2003 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Start-up Costs | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Equipment | |
| Bananas Smoothies & Frozen Yogurt} | |
| Yogurt Lab | |
| Inventory | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Receivables | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Payroll | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
| Support | |
| Bananas Smoothies & Frozen Yogurt | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
| Yogurt Lab | |
| Marketing | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Operations | |
| Bananas Smoothies & Frozen Yogurt | Absentee Ownership Allowed Number of Employees Required to Run: 19 |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| Canada Expansion | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |
| International Expansion | |
| Bananas Smoothies & Frozen Yogurt | |
| Yogurt Lab | |