Start-Up Costs and Fees |
||
| Little Scoops | Yogurt Lab | |
| Investment | 87000 - 152000 | 313500 - 557000 |
| Franchise Fee | 0 | |
| Royalty Fee | $350/wk | 6% of Gross Revenues |
| Advertising Fee | 1% local | |
| Year Founded | 2002 | 2011 |
| Year Franchised | 2003 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Little Scoops | Yogurt Lab | |
| Experience | ||
Financing Options |
||
| Little Scoops | Yogurt Lab | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Little Scoops | Yogurt Lab | |
| Training | Ongoing support as needed | 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 | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Little Scoops | Yogurt Lab | |
| US Expansion | North East, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Little Scoops | |
| Yogurt Lab | |
| Franchise Fee | |
| Little Scoops | |
| Yogurt Lab | |
| Royalty Fee | |
| Little Scoops | $350/wk |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Little Scoops | |
| Yogurt Lab | 1% local |
| Year Founded | |
| Little Scoops | 2002 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Little Scoops | 2003 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Little Scoops | 10 years |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Little Scoops | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Little Scoops | |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Little Scoops | No |
| Yogurt Lab | No |
| Start-up Costs | |
| Little Scoops | |
| Yogurt Lab | |
| Equipment | |
| Little Scoops} | |
| Yogurt Lab | |
| Inventory | |
| Little Scoops | |
| Yogurt Lab | |
| Receivables | |
| Little Scoops | |
| Yogurt Lab | |
| Payroll | |
| Little Scoops | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Little Scoops | Ongoing support as needed |
| 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 | |
| Little Scoops | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Yogurt Lab | |
| Marketing | |
| Little Scoops | Co-op advertising, Ad slicks |
| Yogurt Lab | |
| Operations | |
| Little Scoops | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Little Scoops | North East, |
| Yogurt Lab | |
| Canada Expansion | |
| Little Scoops | |
| Yogurt Lab | |
| International Expansion | |
| Little Scoops | |
| Yogurt Lab | |