Yovana vs I-CE-NY Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Yovana vs I-CE-NY including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Yovana Franchise
I-CE-NY Franchise
Investment $225,000 - $341,500$146,400 - $404,300
Franchise Fee $40,000$25,000
Royalty Fee 5% of Gross Sales4%
Advertising Fee 5% of Gross Sales-
Year Founded -2015
Year Franchised -2016
Term Of Agreement 5-10 years-
Term Of Agreement 5-10 years-
Renewal Fee --


Business Experience Requirements
 
Yovana Franchise
I-CE-NY Franchise
Experience --

Financing Options
 
Yovana Franchise
I-CE-NY Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Yovana Franchise
I-CE-NY Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Yovana Franchise
I-CE-NY Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Yovana

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!

About I-CE-NY

"I-CE-NY

I-CE NY (I-See-en-why) is the original rolled ice cream from Thailand. In 2011, rolled ice cream or smashed ice cream was firstly introduced to the world under the brand "I-TIM-PAD" (or ไอติมผั in Thai). The company quickly stormed Thailand with 30 franchise vendor locations in the first six months. Now, it’s grown to over 250 locations all over Thailand, and Asia continent including Cambodia, Laos, Indonesia etc. In 2015, we’ve crossed the Pacific and established our first store in New York City, called I-CE-NY.
7 ice cream base flavors + 20 mix-in ingredients + more than 32 toppings = endless opportunities to challenge your creativity.

The total investment necessary to begin operation of a single I-CE-NY shop is $146,400 to $404,300. This amount includes $30,500 to $40,500 that is payable to the franchisor and their affiliates.
The total investment necessary to begin operation under a three to five unit Multi-Unit Development Agreement is $53,000 to $80,000. This includes $50,000 to $75,000 that must be paid to the franchisor. There is no minimum number of  shops that you are required to develop under the Multi-Unit Development Agreement.