Yogen Fruz Worldwide vs Bananas Smoothies & Frozen Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Yogen Fruz Worldwide vs Bananas Smoothies & Frozen Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Yogen Fruz Worldwide Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Investment $123,179 - $459,679$224,500 - $457,000
Franchise Fee $25,000$22,000 - $37,200
Royalty Fee 6%5%
Advertising Fee 3%1%
Year Founded 19861975
Year Franchised 19872003
Term Of Agreement 7-10 years-
Term Of Agreement 7-10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Yogen Fruz Worldwide Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Experience --

Financing Options
 
Yogen Fruz Worldwide Franchise
Bananas Smoothies & Frozen Yogurt Franchise
  In-House/3rd PartyIn-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
 
Yogen Fruz Worldwide Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Training --
Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
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)

 Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans
 
Yogen Fruz Worldwide Franchise
Bananas Smoothies & Frozen Yogurt Franchise
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.

"Top  ""

#33 in Canada's Top franchises.


About Bananas Smoothies & Frozen Yogurt

Bananas Smoothies & Frozen Yogurt is a quick serve restaurant style frozen treat franchise concept with a menu featuring the chain's proprietary Everything Yogurt brand frozen yogurt, Bananas Smoothies & Frozen Yogurt brand smoothies and frosties, and Gretel Pretzel brand hand-rolled pretzels. Other offerings include premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, candies, bagels, cookies, cakes and flavored popcorn, as well as specialty items such as Bananas apparel and gifts.