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Updated RecentlyMr. Smoothie vs Pinkberry Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Pinkberry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $87,650 - $377,400 | $150,000 - $500,000 |
| Franchise Fee | $20,000 | $45,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | to 2% | 2% local +2%Nat'l |
| Year Founded | 1993 | 2005 |
| Year Franchised | 2001 | 2005 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| 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) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Mr. Smoothie
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.
About Pinkberry
THE LEADING, ENDURING, FROZEN YOGURT BRAND Since Pinkberry's dispatch in 2005, the Company has set up a prevailing authority position in the solidified yogurt classification and a faction like after with its clients. Pinkberry has appreciated energetic gathering and solid development all through its home market of Los Angeles and has turned out to be for all intents and purposes synonymous with quality solidified yogurt. This fervor has now come to the nation over to the New York City advertise where the Company again has been met with energetic clients, enthusiastic for Pinkberry. The Company was even named "Best New Frozen Yogurt" in April of 2008 by Readers' Choice, Eat Out Awards. Pinkberry has been the beneficiary of a lot of extraordinary press, which has assembled gigantic mindfulness around the world for the brand. Pinkberry has been called "the taste that propelled 1,000 stopping tickets" and "a social wonder" by driving media outlets. The Company has even been built into various TV programs, for example, Saturday Night Live, Without a Trace, The Tonight Show with Jay Leno, Ugly Betty, The Hills and Gossip Girl to give some examples. Pinkberry is balanced for huge residential development and worldwide extension. We are hoping to cooperate with experienced region engineers in select vital markets. Presently we are looking for long haul associations in: Chicago, IL, Miami, FL, Dallas, TX , Phoenix, AZ, Seattle, WA and Honolulu, HI