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Below is an in-depth analysis and side-by-side comparison of Icebox/Soupbox vs Zoyo Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $69,500 - $174,500 | $150,200 - $315,000 |
Franchise Fee | $14,000 - $20,000 | $35,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1995 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Negotiable | - |
Business Experience Requirements |
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Experience | Be financially qualified *Wants a food business without food business challenges *Business experience in management, sales or operations *Frozen Yogurt industry experience is helpful but not necessary *Follow a Proven System *Few employees *Desire to be involved in the Community |
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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 | - | Training will cover various pre-opening, start-up and operating issues *In-office training *Operational management training *Quality assurance procedures *Comprehensive operational guides and documentation |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *Site selection assistance *Lease negotiation *Facilities design *Insurance selection *Hiring assistance *Advertising & marketing best practices Zoyo Neighborhood Yogurt's support doesn't end when you open your store location. Our Team is available to assist you whenever you need guidance. Zoyo is always available to guide and support you along the way. Your success is our success! |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Before opening his first store, Jamie Taerbaum stood outside a Baskin-Robbins store to figure out how many customers an ice cream store could expect at different times of day, on different days of the week, and in different weather conditions. Armed with this research, the young business school graduate opened the original Icebox/Soupbox store in 1995 in Chicago.
In the spring and summer, Icebox operates as a retailer of Icyfruit, a mixture of fruit juice, sugar, water and chunks of fruit that comes in 20 flavors. Throughout the fall and winter, it becomes a Soupbox store, offering a wide variety of soups.
The Zoyo Neighborhood Yogurt franchise is an award winning business, being named “The Best Frozen Yogurt” for two years running! Zoyo Franchisee Advantages *Lower franchise investment *Inviting atmosphere *Community involvement *Proprietary flavors *Fresh, live - culture-added "froyo" product *Initial training and ongoing franchisee support *Unparalleled customer service and quality guarantee *Higher "normal" income potential for franchisees *Ground floor expansion opportunities *Single, multi-unit, area and regional development opportunities available *Registered in all states except... New York, Maryland, Kentucky, North Dakota and Hawaii