Yogurt Lab vs Bananas Smoothies & Frozen Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Yogurt Lab vs Bananas Smoothies & Frozen Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Yogurt Lab Bananas Smoothies & Frozen Yogurt
Investment 313500 - 557000 224500 - 457000
Franchise Fee
Royalty Fee 6% of Gross Revenues 5%
Advertising Fee 1% local 1%
Year Founded 2011 1975
Year Franchised 2013 2003
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Yogurt Lab Bananas Smoothies & Frozen Yogurt
Experience

Financing Options

  Yogurt Lab Bananas Smoothies & Frozen Yogurt
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Yogurt Lab Bananas Smoothies & Frozen Yogurt
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

  Yogurt Lab Bananas Smoothies & Frozen Yogurt
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Franchise Fee
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Royalty Fee
Yogurt Lab 6% of Gross Revenues
Bananas Smoothies & Frozen Yogurt 5%
Advertising Fee
Yogurt Lab 1% local
Bananas Smoothies & Frozen Yogurt 1%
Year Founded
Yogurt Lab 2011
Bananas Smoothies & Frozen Yogurt 1975
Year Franchised
Yogurt Lab 2013
Bananas Smoothies & Frozen Yogurt 2003
Term Of Agreement
Yogurt Lab 10 years
Bananas Smoothies & Frozen Yogurt
Renewal Fee
Yogurt Lab
Bananas Smoothies & Frozen Yogurt


Business Experience Requirements

Experience
Yogurt Lab
Bananas Smoothies & Frozen Yogurt

Financing Options

 
Franchise Fees
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Start-up Costs
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Equipment
Yogurt Lab}
Bananas Smoothies & Frozen Yogurt
Inventory
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Receivables
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Payroll
Yogurt Lab
Bananas Smoothies & Frozen Yogurt

Training & Support

Training
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
Bananas Smoothies & Frozen Yogurt
Support
Yogurt Lab
Bananas Smoothies & Frozen Yogurt Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Operations
Yogurt Lab
Bananas Smoothies & Frozen Yogurt Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans

US Expansion
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
Canada Expansion
Yogurt Lab
Bananas Smoothies & Frozen Yogurt
International Expansion
Yogurt Lab
Bananas Smoothies & Frozen Yogurt