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Updated RecentlyHappy Joe's vs FroyoWorld Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs FroyoWorld including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $24,470 - $1,030,625 | $250,000 - $340,000 |
| Franchise Fee | $15,000 - $17,000 | $15,000 |
| Royalty Fee | 4.5%-5% | 6% |
| Advertising Fee | 1.5% | - |
| Year Founded | 1972 | 2010 |
| Year Franchised | 1973 | 2010 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | 10% of fee or $2K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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 | The FroyoWorld Development Team includes professionals with multi-unit restaurants business expertise who can be great resources and consultants to your business. From start to finish, our team will be with you all the way, assisting you in every aspect of opening your very own FroyoWorld. |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/app | The FroyoWorld Development Team will support you with all the necessary tools needed to market your FroyoWorld store. We're here to help our franchisees with social media, advertising, graphic design, and more that they can use to get the word out about their location in their community. |
| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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:
About FroyoWorld
In the summer of 2010, FroyoWorld opened its first Frozen Yogurt Lounge on the Yale University campus in the town of New Haven, Connecticut. With our award winning Original Tart froyo recipe in hand, we introduced the self-serve frozen yogurt in Connecticut. We had overwhelming support for our product from the community, so we opened a few more stores, and then we opened a few more after that. Finally, we became a franchise so that entrepreneurs and business folks could bring the success we've built to their area. In less than a year, we had gone from a start-up to a successful franchising business. We now have nearly 40 locations open in New England and Puerto Rico, over 100 flavors that rotate in every store, and tons of amazing toppings and frozen yogurt treats. Become a part of FroyoWorld's international brand as we expand to markets all over the globe. Our brand continues to grow because of our exceptional tasting yogurt and great customer service that is associated with the FroyoWorld brand. Yo This, Yo That, Kiwi This, Cherry That, Orange, Pink, Red or Blue � don't be fooled. FroyoWorld is the brand for you. The FroyoWorld Development Team has established global contacts and nurtured valuable relationships with distributors and vendors. This allows us to purchase goods internationally, in bulk, and at discounted rates. We then pass these discounts on to our FroyoWorld Franchisees.