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 |
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 |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-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 |
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 |
US Expansion |
Yes | Yes |
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.