Happy Joe's vs Menchie's Frozen Yogurt, USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Menchie's Frozen Yogurt, USA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Happy Joe's Franchise
Menchie's Frozen Yogurt, USA Franchise
Investment $24,470 - $1,030,625$218,325 - $385,158
Franchise Fee $15,000 - $17,000$25,000 - $40,000
Royalty Fee 4.5%-5%6%
Advertising Fee 1.5%-
Year Founded 1972-
Year Franchised 1973-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 10% of fee or $2K-


Business Experience Requirements

 
Happy Joe's Franchise
Menchie's Frozen Yogurt, USA Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Happy Joe's Franchise
    Menchie's Frozen Yogurt, USA Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Happy Joe's Franchise
    Menchie's Frozen Yogurt, USA Franchise
    Training On-The-Job Training: 300 hours Classroom Training: 40 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software -
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app-
    Operations 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 45

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Happy Joe's Franchise
    Menchie's Frozen Yogurt, USA Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Happy Joe's

    Lawrence Joseph Whitty had worked in the bakery business for years before becoming an assistant manager at a Shakey's pizzeria. He decided to combine his baking skills with the experience he had gained from working at a pizza restaurant, where he would often hear families decide to go out for ice cream for dessert. Combining pizza and ice cream, Whitty opened the first Happy Joe's Pizza & Ice Cream Parlor in East Davenport, Iowa, in 1972. His signature item was the Happy Joe's Special, a pizza with Canadian bacon and sauerkraut that Whitty created from leftovers in his mother's kitchen. After a franchisee suggested adding tacos to the menu, Whitty created the restaurant's best-selling product, the Taco Pizza.

    Seeking new franchisees in the following regions/states:

     Iowa, Illinois, Minnesota, Missouri, North Dakota and Wisconsin

    The total investment necessary to begin operations of a Happy Joe’s Full Size Restaurant or Happy Joe’s PizzaGrille Restaurant is $279,750 to $1,030,625. This includes $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s DELCO Facility is $164,500 to $423,000. This includes the $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment to begin operations of a Happy Joe’s Satellite ranges from $24,470 to $132,340. This includes the $0 to $16,500 paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s Area Developer business ranges from $17,625 to $94,100. This includes the development fee ranging from $15,000 to $45,000 that must be paid to the franchisor.


    About Menchie's Frozen Yogurt, USA

    Menchie's is a fast-growing chain of frozen yogurt shops that provides customers the opportunity to create their own custom combinations. With a self-serve design, Menchie's offers more than 100 unique rotating flavors and more than 60 rotating toppings at each location. Servings are paid by the ounce so customers are only paying for what they want. Already a favorite spot among Hollywood's hottest celebrities such as Taylor Swift, Jennifer Lopez, and Justin Timberlake, and families across the country, Menchie's upbeat environment and endless selections makes it appealing for everyone. Menchie's has more than 35 locations open in 11 states, with an additional 45 currently in development, and is poised to total more than 120 locations throughout the country by the end of the year. Major Market Territories are still available and we encourage you to inquire about opportunities in your own community. Our aggressive expansion plans will focus on key domestic and international opportunities. We currently are offering Area Developer, Multi-Unit and Single Unit opportunities to qualified candidates. To learn more about our available markets and the benefits of Menchie's franchise ownership and for more information visit www.menchies.com. We're looking for entrepreneurs to share our vision.

    If you sign an Area Development Agreement, you must pay the franchisor a Development Fee equal to $96,000 if you are going to open 3 Stores and $125,000 if you are planning to open 5 Stores.