Maui Wowi Hawaiian Coffees & Smoothies vs TCBY Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Maui Wowi Hawaiian Coffees & Smoothies vs TCBY including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$31,100 - $394,000 | $330,000 - $435,000 |
Franchise Fee |
$25,000 - $65,000 | $35,000 |
Royalty Fee |
0 | 6% |
Advertising Fee |
- | 2% |
Year Founded |
1983 | 1981 |
Year Franchised |
1997 | 1982 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
General business experience Sales/marketing experience preferred | Industry experience General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/Yes | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/Yes | No/Yes |
Receivables |
No/Yes | No/No |
Payroll |
No/Yes | No/No |
Training & Support |
Training |
Full & continuous support | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Ad slicks, National media, Regional advertising |
Operations |
65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2
- 3
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About Maui Wowi Hawaiian Coffees & Smoothies
Crisp organic product smoothies were a for all intents and purposes obscure item in 1983, when Jeff and Jill Summerhays started offering them low maintenance at occasions. Maui Wowi Hawaiian was worked to give their 'ohana (family) a solid other option to the sugar and fat loaded sustenances that appeared to be all over the place! Similarly as energetic, the Summerhayses needed to make a plan of action that was fun, adaptable, and portable so they could offer their everything characteristic, crisp organic product smoothies anyplace they had a craving for voyaging.
Australia's Gold Coast appeared like the ideal place to hang and put their idea under a magnifying glass so they stuffed it up, and made a beeline for the Land Down Under. It was not much sooner than the Aussies figured out how to hunger for these ono'licious mixes.
The organization got the attention of Michael Haith, establishing accomplice of a sustenance, drink and extraordinary occasion counseling firm and Maui Wowi's present CEO. Haith patched up the establishment idea and extended the product offering, which now incorporates Hawaiian espressos coffee.
Maui Wowi establishments are situated all through the United States.
The total investment necessary to begin operation of a Maui Wowi
franchise for a Fixed Operating Unit ranges from $108,350 to $394,000.
This includes $46,000 to $72,000 that will be paid to the franchisor or
their affiliate.
The total investment necessary to begin operation of a
Mobile Operating Unit is $31,100 to $200,250. This includes $26,200 to
$52,200 that will be paid to the franchisor or their affiliate.
The
total investment necessary to begin operation of a Mobile Fixed Operating Unit ranges
from $37,300 to $245,250. This includes $26,200 to $52,200 that will be
paid to the franchisor or their affiliate.
20% off Franchise Fee for Qualified Military Veterans
.
About TCBY
TCBY Enterprises Inc. was founded in 1981 by Frank Hickingbotham. Hickingbotham got the idea after he tried frozen yogurt for the first time, exclaiming, 'This can't be yogurt!' The initials of that outburst became the name of the company. Now renamed to stand for 'The Country's Best Yogurt,' TCBY has locations across the United States and in more than 60 countries. In 2000 TCBY merged with Capricorn Investors, the principal shareholder of Mrs. Fields' Holdings Inc. The merger allows TCBY to partner with Mrs. Fields' Original Cookies and other members of the Mrs. Fields family, including Pretzel Time and the Great American Cookie Co. Based in Little Rock, Arkansas, TCBY offers franchise units in both traditional and nontraditional locations. It has co-branding relationships with Subway, Blimpie's and Taco Bell.
TCBY is the original and most well-known frozen yogurt brand, leading
the market in nutrition, taste and product quality. Serving communities
nationwide for 40 years, TCBY is a successful model that has fueled the
growth of a thriving industry. TCBY, which currently has over 250
franchise locations worldwide, offers an extensive product line, with
most yogurt flavors in varieties that are low in fat, nonfat, or no
sugar added. TCBY launched its unique frozen yogurt classification
"Super FroYo" in 2011, which is still the most nutritious frozen yogurt
product available in the market, as well as was the first brand to
market Greek Frozen Yogurt. Also based in Broomfield, Colorado, TCBYhas been a frozen yogurt innovator from the day its first shop opened in
Little Rock, Arkansas.