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