Start-Up Costs and Fees |
||
| Yogurt Lab | Sweet Nel's | |
| Investment | 313500 - 557000 | 354000 - 539000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% of Gross Revenues | 5% |
| Advertising Fee | 1% local | 2% |
| Year Founded | 2011 | 2015 |
| Year Franchised | 2013 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Yogurt Lab | Sweet Nel's | |
| Experience | ||
Financing Options |
||
| Yogurt Lab | Sweet Nel's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Yogurt Lab | Sweet Nel's | |
| 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 | 2 weeks of intensive training from the most basic of shop functions to the most comprehensive management techniques necessary to run the Sweet Nel's business. Training is ongoing for both you and your employees. |
| Support | A Sweet Nel's consultant will guide you through every phase of development and, eventually, to help you open your shop. After shop construction, and for the 2-weeks prior to grand opening, we will assist in setting up your Sweet Nel's Shop. Sweet Nel's franchisees are provided with a Field Service Consultant on-call to answer questions and to provide support. They will visit on a regular basis and have an in-depth meeting about how things are going and to offer suggestions and evaluations. | |
| Marketing | We support you with the tools you need to take advantage of promotional opportunities and create new programs on an ongoing basis. | |
| Operations | We do not allow multiple shop ownership at this time. | |
Expansion Plans |
||
| Yogurt Lab | Sweet Nel's | |
| US Expansion | Delaware, New Jersey, Pennsylvania | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yogurt Lab | |
| Sweet Nel's | |
| Franchise Fee | |
| Yogurt Lab | |
| Sweet Nel's | |
| Royalty Fee | |
| Yogurt Lab | 6% of Gross Revenues |
| Sweet Nel's | 5% |
| Advertising Fee | |
| Yogurt Lab | 1% local |
| Sweet Nel's | 2% |
| Year Founded | |
| Yogurt Lab | 2011 |
| Sweet Nel's | 2015 |
| Year Franchised | |
| Yogurt Lab | 2013 |
| Sweet Nel's | 2015 |
| Term Of Agreement | |
| Yogurt Lab | 10 years |
| Sweet Nel's | |
| Renewal Fee | |
| Yogurt Lab | |
| Sweet Nel's | |
Business Experience Requirements |
|
| Experience | |
| Yogurt Lab | |
| Sweet Nel's | |
Financing Options |
|
| Franchise Fees | |
| Yogurt Lab | |
| Sweet Nel's | |
| Start-up Costs | |
| Yogurt Lab | |
| Sweet Nel's | |
| Equipment | |
| Yogurt Lab} | |
| Sweet Nel's | |
| Inventory | |
| Yogurt Lab | |
| Sweet Nel's | |
| Receivables | |
| Yogurt Lab | |
| Sweet Nel's | |
| Payroll | |
| Yogurt Lab | |
| Sweet Nel's | |
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 |
| Sweet Nel's | 2 weeks of intensive training from the most basic of shop functions to the most comprehensive management techniques necessary to run the Sweet Nel's business. Training is ongoing for both you and your employees. |
| Support | |
| Yogurt Lab | |
| Sweet Nel's | A Sweet Nel's consultant will guide you through every phase of development and, eventually, to help you open your shop. After shop construction, and for the 2-weeks prior to grand opening, we will assist in setting up your Sweet Nel's Shop. Sweet Nel's franchisees are provided with a Field Service Consultant on-call to answer questions and to provide support. They will visit on a regular basis and have an in-depth meeting about how things are going and to offer suggestions and evaluations. |
| Marketing | |
| Yogurt Lab | |
| Sweet Nel's | We support you with the tools you need to take advantage of promotional opportunities and create new programs on an ongoing basis. |
| Operations | |
| Yogurt Lab | |
| Sweet Nel's | We do not allow multiple shop ownership at this time. |
Expansion Plans |
|
| US Expansion | |
| Yogurt Lab | |
| Sweet Nel's | Delaware, New Jersey, Pennsylvania |
| Canada Expansion | |
| Yogurt Lab | |
| Sweet Nel's | |
| International Expansion | |
| Yogurt Lab | |
| Sweet Nel's | |