Start-Up Costs and Fees |
||
| Yogurt Lab | Lovin' Spoons | |
| Investment | 313500 - 557000 | 385000 - 493000 |
| Franchise Fee | ||
| Royalty Fee | 6% of Gross Revenues | 6% |
| Advertising Fee | 1% local | |
| Year Founded | 2011 | 2010 |
| Year Franchised | 2013 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Yogurt Lab | Lovin' Spoons | |
| Experience | ||
Financing Options |
||
| Yogurt Lab | Lovin' Spoons | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Yogurt Lab | Lovin' Spoons | |
| 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 | In addition to intensive classroom instruction, you'll also get hands-on training in working stores to learn the Lovin' Spoons systems and operating procedures. |
| Support | *Site review and selection *Demographics studies *Prototype construction plans and store design guidance. Operations Support Our detailed training will help you feel comfortable with managing your staff, financials and in-store technology, and our confidential comprehensive operations manual will be a useful day-to-day reference guide. Vendor Relationships We'll help you take advantage of our special relationships with equipment, food, paper goods and other key vendors and suppliers. Marketing Support From your frozen yogurt franchise Grand Opening celebration to ongoing promotional ideas and programs throughout the year, Lovin' Spoons features a proven marketing approach including detailed marketing manuals and strategies, social media campaigns, a custom web page for your store and access to our marketing experts. Online Franchise Resources Our user-friendly online franchise portal will provide you with easy access to branded materials, signage, updated manuals and more. You can also quickly communicate with Lovin' Spoons corporate leadership through contact forms and collaborate with other franchisees in an online forum. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Yogurt Lab | Lovin' Spoons | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Franchise Fee | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Royalty Fee | |
| Yogurt Lab | 6% of Gross Revenues |
| Lovin' Spoons | 6% |
| Advertising Fee | |
| Yogurt Lab | 1% local |
| Lovin' Spoons | |
| Year Founded | |
| Yogurt Lab | 2011 |
| Lovin' Spoons | 2010 |
| Year Franchised | |
| Yogurt Lab | 2013 |
| Lovin' Spoons | 2011 |
| Term Of Agreement | |
| Yogurt Lab | 10 years |
| Lovin' Spoons | |
| Renewal Fee | |
| Yogurt Lab | |
| Lovin' Spoons | |
Business Experience Requirements |
|
| Experience | |
| Yogurt Lab | |
| Lovin' Spoons | |
Financing Options |
|
| Franchise Fees | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Start-up Costs | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Equipment | |
| Yogurt Lab} | |
| Lovin' Spoons | |
| Inventory | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Receivables | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Payroll | |
| Yogurt Lab | |
| Lovin' Spoons | |
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 |
| Lovin' Spoons | In addition to intensive classroom instruction, you'll also get hands-on training in working stores to learn the Lovin' Spoons systems and operating procedures. |
| Support | |
| Yogurt Lab | |
| Lovin' Spoons | *Site review and selection *Demographics studies *Prototype construction plans and store design guidance. Operations Support Our detailed training will help you feel comfortable with managing your staff, financials and in-store technology, and our confidential comprehensive operations manual will be a useful day-to-day reference guide. Vendor Relationships We'll help you take advantage of our special relationships with equipment, food, paper goods and other key vendors and suppliers. Marketing Support From your frozen yogurt franchise Grand Opening celebration to ongoing promotional ideas and programs throughout the year, Lovin' Spoons features a proven marketing approach including detailed marketing manuals and strategies, social media campaigns, a custom web page for your store and access to our marketing experts. Online Franchise Resources Our user-friendly online franchise portal will provide you with easy access to branded materials, signage, updated manuals and more. You can also quickly communicate with Lovin' Spoons corporate leadership through contact forms and collaborate with other franchisees in an online forum. |
| Marketing | |
| Yogurt Lab | |
| Lovin' Spoons | |
| Operations | |
| Yogurt Lab | |
| Lovin' Spoons | |
Expansion Plans |
|
| US Expansion | |
| Yogurt Lab | |
| Lovin' Spoons | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Yogurt Lab | |
| Lovin' Spoons | |
| International Expansion | |
| Yogurt Lab | |
| Lovin' Spoons | |