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Below is an in-depth analysis and side-by-side comparison of Dippin' Dots vs Bananas Smoothies & Frozen Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $112,204 - $366,950 | $224,500 - $457,000 |
Franchise Fee | $15,000 | $22,000 - $37,200 |
Royalty Fee | Varies | 5% |
Advertising Fee | Varies | 1% |
Year Founded | 1988 | 1975 |
Year Franchised | 2000 | 2003 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | Varies | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection Franchisee Intranet Platform | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad Templates Social media SEO Website development Email marketing | - |
Operations |
95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 19 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Research biotechnologist Curt Jones used his expertise in cryogenic freezing processes to find new ways to produce ice cream. After nearly a year of experimenting with the idea of flash-freezing his family's homemade ice cream, Jones created and sold his first cups of Dippin' Dots ice cream in 1988. Because of Jones' flash-freezing process, Dippin' Dots ice cream forms into little balls (hence the term 'dots'), but unlike freeze-dried products, the ice cream can still melt.
Seeking new franchise units Worldwide.
Bananas Smoothies & Frozen Yogurt is a quick serve restaurant style frozen treat franchise concept with a menu featuring the chain's proprietary Everything Yogurt brand frozen yogurt, Bananas Smoothies & Frozen Yogurt brand smoothies and frosties, and Gretel Pretzel brand hand-rolled pretzels. Other offerings include premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, candies, bagels, cookies, cakes and flavored popcorn, as well as specialty items such as Bananas apparel and gifts.