Mr. Smoothie vs TCBY Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs TCBY including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$87,650 - $377,400 | $330,000 - $435,000 |
Franchise Fee |
$20,000 | $35,000 |
Royalty Fee |
5% | 6% |
Advertising Fee |
to 2% | 2% |
Year Founded |
1993 | 1981 |
Year Franchised |
2001 | 1982 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | Industry experience General business experience Marketing skills |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
- | - |
Support |
Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing |
Ad slicks | Ad slicks, National media, Regional advertising |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4
- 6
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
About Mr. Smoothie
Ready to own TWO of the fastest Growing Franchise Concepts Under ONE Roof?
Then Mr. Smoothie & Frozen Yogurt may be the Franchise for YOU!
Mr. Smoothie, with over 26 years in business in 7 states, is the first Multi- State Franchise system to bring both:
Real Fresh Fruit Smoothies and Self Service Frozen Yogurt Under one Roof.
Since 1996, Mr. Smoothie has been serving the
Freshest and most delicious Smoothies, Juices and everyone’s favorite
frozen treats
Mr. Smoothie’s locations are where our customers
"Work, Live and Play” helping to accommodate today’s hectic schedules
and healthy lifestyles.
We continually work with our vendors to
ensure our locations are supplied with the freshest and healthiest
products while delivering the best value to our customers.
Reqirements:
*Net worth of $200k and $50k liquid
*Real Estate, Design & Build Out Assistance
*All formats: Malls, Strip Centers, Airports & Universities
*Simple & Easy to Learn Operations
*On Site Training & Ongoing Store Support
*Menu items for everyone in the family and all throughout the day
*National Proprietary Food Vendor for bulk purchasing power
*Single Store, Multi-Unit and Area Developers welcomed
About TCBY
TCBY Enterprises Inc. was founded in 1981 by Frank Hickingbotham. Hickingbotham got the idea after he tried frozen yogurt for the first time, exclaiming, 'This can't be yogurt!' The initials of that outburst became the name of the company. Now renamed to stand for 'The Country's Best Yogurt,' TCBY has locations across the United States and in more than 60 countries. In 2000 TCBY merged with Capricorn Investors, the principal shareholder of Mrs. Fields' Holdings Inc. The merger allows TCBY to partner with Mrs. Fields' Original Cookies and other members of the Mrs. Fields family, including Pretzel Time and the Great American Cookie Co. Based in Little Rock, Arkansas, TCBY offers franchise units in both traditional and nontraditional locations. It has co-branding relationships with Subway, Blimpie's and Taco Bell.
TCBY is the original and most well-known frozen yogurt brand, leading
the market in nutrition, taste and product quality. Serving communities
nationwide for 40 years, TCBY is a successful model that has fueled the
growth of a thriving industry. TCBY, which currently has over 250
franchise locations worldwide, offers an extensive product line, with
most yogurt flavors in varieties that are low in fat, nonfat, or no
sugar added. TCBY launched its unique frozen yogurt classification
"Super FroYo" in 2011, which is still the most nutritious frozen yogurt
product available in the market, as well as was the first brand to
market Greek Frozen Yogurt. Also based in Broomfield, Colorado, TCBYhas been a frozen yogurt innovator from the day its first shop opened in
Little Rock, Arkansas.