|
Below is an in-depth analysis and side-by-side comparison of Sweet Nel's vs Ziiing Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $354,000 - $539,000 | $165,636 - $506,600 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2015 | - |
Year Franchised | 2015 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
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 |
||
Training | 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. | 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 | 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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
We are developing a small, limited number of "Sweet Nel's" franchises in the Philadelphia area. Although we could open more, it is our philosophy to open fewer cafes and locate them in very high profile, magnet locations in and around Philadelphia. Franchisees are extensively screened, exhaustively trained and provided with an exceptional degree of guidance and support from the Sweet Nel's franchise organization.