Start-Up Costs and Fees |
||
| Yogurt Lab | Ziiing Yogurt | |
| Investment | 313500 - 557000 | 165636 - 506600 |
| Franchise Fee | ||
| Royalty Fee | 6% of Gross Revenues | 6% |
| Advertising Fee | 1% local | 2% |
| Year Founded | 2011 | 0 |
| Year Franchised | 2013 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Yogurt Lab | Ziiing Yogurt | |
| Experience | > Understanding and agreement with the Ziiing Frozen Yogurt concept of high standards, operations and customer service. > Desire and ability to participate and conform with our operating system. > An enthusiastic and entrepreneurial spirit. > Willingness to devote full-time efforts to this business. > A minimum net worth (for single-unit operators) of $350,000 with at least $75,000 to $100,000 liquid. > Consistent employment or business ownership history. > Working knowledge of accounting and financial reports. > Strong communication and organizational skills. > Management experience. | |
Financing Options |
||
| Yogurt Lab | Ziiing Yogurt | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Yogurt Lab | Ziiing 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 | 1-day orientation, then a week at our corporate office and corporate store. The last portion of training consists of a corporate approved trainer going to your location & being there with you & your staff during the first week of opening. |
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Yogurt Lab | Ziiing Yogurt | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Franchise Fee | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Royalty Fee | |
| Yogurt Lab | 6% of Gross Revenues |
| Ziiing Yogurt | 6% |
| Advertising Fee | |
| Yogurt Lab | 1% local |
| Ziiing Yogurt | 2% |
| Year Founded | |
| Yogurt Lab | 2011 |
| Ziiing Yogurt | 0 |
| Year Franchised | |
| Yogurt Lab | 2013 |
| Ziiing Yogurt | 0 |
| Term Of Agreement | |
| Yogurt Lab | 10 years |
| Ziiing Yogurt | |
| Renewal Fee | |
| Yogurt Lab | |
| Ziiing Yogurt | |
Business Experience Requirements |
|
| Experience | |
| Yogurt Lab | |
| Ziiing Yogurt | > Understanding and agreement with the Ziiing Frozen Yogurt concept of high standards, operations and customer service. > Desire and ability to participate and conform with our operating system. > An enthusiastic and entrepreneurial spirit. > Willingness to devote full-time efforts to this business. > A minimum net worth (for single-unit operators) of $350,000 with at least $75,000 to $100,000 liquid. > Consistent employment or business ownership history. > Working knowledge of accounting and financial reports. > Strong communication and organizational skills. > Management experience. |
Financing Options |
|
| Franchise Fees | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Start-up Costs | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Equipment | |
| Yogurt Lab} | |
| Ziiing Yogurt | |
| Inventory | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Receivables | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Payroll | |
| Yogurt Lab | |
| Ziiing 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 |
| Ziiing Yogurt | 1-day orientation, then a week at our corporate office and corporate store. The last portion of training consists of a corporate approved trainer going to your location & being there with you & your staff during the first week of opening. |
| Support | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Marketing | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Operations | |
| Yogurt Lab | |
| Ziiing Yogurt | |
Expansion Plans |
|
| US Expansion | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| Canada Expansion | |
| Yogurt Lab | |
| Ziiing Yogurt | |
| International Expansion | |
| Yogurt Lab | |
| Ziiing Yogurt | |