|
Below is an in-depth analysis and side-by-side comparison of All American Specialty Restaurants vs Bowl of Heaven including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $195,000 - $265,000 | $135,500 - $328,500 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 3% | 6% |
Advertising Fee | 1% | 3% Local 2%Nat'l |
Year Founded | 1986 | 2010 |
Year Franchised | 1987 | 2012 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Renewal Fee | $6K | - |
Business Experience Requirements |
||
Experience | You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
|
Financing Options |
||
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 |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 7
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
In the mid-1980s, frozen yogurt was growing in popularity, but there were no shops in the major malls of Idaho, Oregon and Washington serving the treat. Seeing the demand for such shops in the Pacific Northwest, CR Duffie Jr. started the All American Frozen Yogurt Co. in Portland in 1986. The company began franchising one year later.
To reach a larger customer base, ice cream was added to the menu in 1989, and the stores became known as
All American Ice Cream and Frozen Yogurt Shops. There are now locations in shopping centers throughout the Pacific Northwest and West.
Bowl of Heaven is thrilled to have the opportunity to make customers happier and healthier, and have such a good time while doing so. We're also very serious about business and committed to our mission of offering high-quality products and services to people across the country. With our backgrounds in healthcare, biochemistry and medicine, and years of experience as entrepreneurs and business motivators, Bowl of Heaven is now seeking out like-minded, well-skilled, and financially capable individuals to join our team. That's where you enter the picture. Imagine yourself operating your own Bowl of Heaven location, or locations, where people of all ages gather to enjoy and benefit from heavenly acai bowls, smoothies and fresh juices. You can help us bring the joy of blending exotic fruits and healthy food to billions of people, while you work to secure your own future!