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Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Yo-Good 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 | $110,000 - $250,000 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | to 2% | - |
Year Founded | 1993 | - |
Year Franchised | 2001 | - |
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 | - |
Yo Good is a dynamic, lively, perky and beneficial idea consolidating incredible taste and regular fixings that are a solid option suited for now's dynamic ways of life. The time and exertion put into everything about the outline, operations and formulas; have brought about a dynamic and feasible business. Yo's Good will likely make sustenance heavenly, fast and helpful. Yo Good's main goal is to be the biggest and most perceived solidified yogurt mark, permitting their establishment and vital accomplices the open door for individual and expert prizes.