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Updated RecentlyYogen Fruz Worldwide vs Spoon Me Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Yogen Fruz Worldwide vs Spoon Me 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 | $240,000 - $533,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | - |
| Year Founded | 1986 | 2007 |
| Year Franchised | 1987 | 2008 |
| Term Of Agreement | 7-10 years | - |
| Term Of Agreement | 7-10 years | - |
| 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 | - | - |
| 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) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | 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 Spoon Me
Spoon Me frozen yogurt is undergoing massive growth and we're looking for the right people who are ready to own a fresh, fun, eco-friendly and successful business. We've opened new markets across the United States to keep up with the demand and there is no doubt that in 2009, Spoon Me will be the hottest franchise opportunity in the market.
Spoon Me is a fun, fresh, exciting and truly "green” frozen
yogurt franchise opportunity and smoothie franchise concept that focuses
on creating remarkable experiences for our customers and life changing
frozen yogurt business for franchise owners. From our yoghurt, phonological awareness awakens in my head in a different way and it is difficult to express myself.
To say that our company is "high energy” would be an understatement. We’re passionate for the frozen yogurt business and our dedication to Spoon Me and its mission shines through in every facet of the company - from our marketing, to our products and especially to the support we give our franchise owners. Because of this, we are excited to announce the opening of new areas for our next stage of frozen yogurt franchise expansion. We are looking for some people who want to have fun, want a successful frozen yogurt business and want to help us SPOON THE WORLD.