Start-Up Costs and Fees |
||
| Smoothie Factory | Yogurt Lab | |
| Investment | 141500 - 424500 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% of Gross Revenues |
| Advertising Fee | 1% local | |
| Year Founded | 1996 | 2011 |
| Year Franchised | 1997 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smoothie Factory | Yogurt Lab | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | |
Financing Options |
||
| Smoothie Factory | Yogurt Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Smoothie Factory | 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 | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Smoothie Factory | Yogurt Lab | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smoothie Factory | |
| Yogurt Lab | |
| Franchise Fee | |
| Smoothie Factory | |
| Yogurt Lab | |
| Royalty Fee | |
| Smoothie Factory | 5% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Smoothie Factory | |
| Yogurt Lab | 1% local |
| Year Founded | |
| Smoothie Factory | 1996 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Smoothie Factory | 1997 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Smoothie Factory | |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Smoothie Factory | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Smoothie Factory | |
| Yogurt Lab | |
| Start-up Costs | |
| Smoothie Factory | |
| Yogurt Lab | |
| Equipment | |
| Smoothie Factory} | |
| Yogurt Lab | |
| Inventory | |
| Smoothie Factory | |
| Yogurt Lab | |
| Receivables | |
| Smoothie Factory | |
| Yogurt Lab | |
| Payroll | |
| Smoothie Factory | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Smoothie Factory | |
| 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 | |
| Smoothie Factory | |
| Yogurt Lab | |
| Marketing | |
| Smoothie Factory | |
| Yogurt Lab | |
| Operations | |
| Smoothie Factory | |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Smoothie Factory | |
| Yogurt Lab | |
| Canada Expansion | |
| Smoothie Factory | |
| Yogurt Lab | |
| International Expansion | |
| Smoothie Factory | |
| Yogurt Lab | |