|
Below is an in-depth analysis and side-by-side comparison of Yovana 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 |
||
Investment | $225,000 - $341,500 | $110,000 - $203,000 |
Franchise Fee | $40,000 | $15,000 |
Royalty Fee | 5% of Gross Sales | 0 |
Advertising Fee | 5% of Gross Sales | 2.3% |
Year Founded | - | 1977 |
Year Franchised | - | 1983 |
Term Of Agreement | 5-10 years | 10 years +10 |
Term Of Agreement | 5-10 years | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | 1. Corporate Headquarters 10 Days 2. Store 1 Week |
Support | - | - |
Marketing | - | - |
Operations | - | Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Yovana is the first shop of its kind to prepare yogurt fresh, in the store, every day. This wholesome, premium yogurt sets a new standard for taste and quality. Consumers can enjoy a Yovana yogurt any time of day for a delicious, smart treat that nourishes the body, mind and spirit. Combined with seasonally fresh fruit, premium organic, fair trade coffee and fresh baked breads, Yovana provides an entirely new eating experience that will take you to yogurt nirvana!
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.