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Updated RecentlyYogen Fruz Worldwide vs I Can't Believe It's Yogurt Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Yogen Fruz Worldwide vs I Can't Believe It's 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 | $123,179 - $459,679 | $110,000 - $203,000 |
| Franchise Fee | $25,000 | $15,000 |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 3% | 2.3% |
| Year Founded | 1986 | 1977 |
| Year Franchised | 1987 | 1983 |
| Term Of Agreement | 7-10 years | 10 years +10 |
| Term Of Agreement | 7-10 years | 10 years +10 |
| Renewal Fee | 50% of current franchise 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 | - | 1. Corporate Headquarters 10 Days 2. Store 1 Week |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About Yogen Fruz Worldwide
Brothers Michael and Aaron Serruya, ages 19 and 20, wanted to buy a franchise, but no one would take a chance on them. So they started their own frozen yogurt shop,Yogen Fruz, in 1986 in Toronto, Ontario, and began franchising a year later. Their brother, Simon, joined the company in 1989, the same year Yogen Fruz expanded into the United States. Now based in Markham, Ontario, Yogen Fruz has more than 1,520 units across the world in both traditional and nontraditional locations. The company also owns I Can't Believe It's Yogurt!, Bresler's Ice Cream and Yogurt, Swensen's Ice Cream, and Java Coast Fine Coffees.
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#33 in Canada's Top franchises.
About I Can't Believe It's Yogurt
Through nearly 5,000 franchises, CoolBrands International Inc., formerly known as Yogen Fruz World-Wide, Inc. sells frozen yogurt and ice cream, including I Can't Believe It's Yogurt, in Canada, the United States, and 80 other countries worldwide.
Read more: https://www.referenceforbusiness.com/history2/8/CoolBrands-International-Inc.html#ixzz6sXAAkdGS
Traditional Franchises: We are actively looking for single store franchisees in over 20 countries. Development Agreements: On a selective basis, we enter into Master Franchise exclusive development agreement with companies who are interested in bringing the I Can't Believe It's Yogurt experience to new markets. We are actively looking for master franchisees for any country worldwide and most States in the USA.
I Can't Believe It's Yogurt is committed to developing innovative new products prompting customers
to return again and again - keeping I Can't Believe It's Yogurt ahead of the competition,
constantly refreshing the business with new flavors.