|
Below is an in-depth analysis and side-by-side comparison of Rita's vs The Fuzzy Peach Frozen Yogurt Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $15,100 - $435,000 | $128,500 - $334,000 |
Franchise Fee | $10,000 - $30,000 | $25,000 |
Royalty Fee | 6.5% | - |
Advertising Fee | 3% | - |
Year Founded | 1984 | 2003 |
Year Franchised | 1989 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | 5 days at Cool University and 4 days on site | - |
Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
We are proud to announce that the Fuzzy Peach is now offering franchise opportunities to qualified candidates across the country. If you are a hardworking, passionate businessperson with a desire to be in business for yourself but not by yourself, this could be the opportunity for you. The Fuzzy Peach is a revolutionary new spin on the frozen dessert business. We offer our customers a healthy and delicious frozen yogurt in a self-serve atmosphere where the customer is always in charge. Through our frozen yogurt, we have built a strong brand that we plan to make a national and international standard in the dessert industry. Come visit one of our stores and you'll see the Fuzzy Peach difference. The Fuzzy Peach Frozen Yogurt Bar was founded on the principle of offering a healthy dessert option in a clean and fun atmosphere. The Fuzzy Peach has been a pioneer in the self-serve frozen yogurt industry, where the customer is always in charge. In addition to pioneering the self-serve concept, we have created an opportunity for fellow business people to duplicate our system and own their own Fuzzy Peach Frozen Yogurt Bar. If you think this is the right opportunity for you, please contact us.