Smoothie Factory vs I Can't Believe It's Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Smoothie Factory 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

 
Smoothie Factory Franchise
I Can't Believe It's Yogurt Franchise
Investment $141,500 - $424,500$110,000 - $203,000
Franchise Fee $30,000$15,000
Royalty Fee 5%0
Advertising Fee -2.3%
Year Founded 19961977
Year Franchised 19971983
Term Of Agreement -10 years +10
Term Of Agreement -10 years +10
Renewal Fee --


Business Experience Requirements

 
Smoothie Factory Franchise
I Can't Believe It's Yogurt Franchise
Experience * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital-

Financing Options

 
Smoothie Factory Franchise
I Can't Believe It's Yogurt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Smoothie Factory Franchise
I Can't Believe It's Yogurt Franchise
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

 
Smoothie Factory Franchise
I Can't Believe It's Yogurt Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Smoothie Factory

Smoothie Factory - A Fresh Concept in Franchising!
Smoothie Factory is a leader in today's growing $2 billion juice and smoothie bar industry. Founded by an Olympic athlete, Smoothie Factory meets the ever increasing demand for healthier options to traditional fast food. We believe in the simple concept of providing guests with reasonably priced smoothies, non-fat frozen yogurt and other healthy snacks served quickly in attractive, clean, pleasant surroundings every day. In addition to our great food product, our stores retail value priced dietary supplements enabling the franchisee to have multiple revenue sources under one roof. Smoothie Factory has established over 70 locations nationwide, along with international licenses in China and Vietnam, with a brand that has become recognized for excellence in service, product and value.
Smoothie Factory Franchise Opportunity.
Smoothie Factory's most impressive benefit, perhaps, is its desire to continually enhance its franchising system, interior design and image. The result has been a solid, unbroken track record of success, and a company poised for rapid expansion - an unparalleled blend of vision, product offerings and a franchise opportunity that's just right for forward-thinking entrepreneurs. In addition, an unwavering commitment to value on nutritional products continues to be an ingredient in our recipe for success. In fact, we sell nutritional products too, for less, every day, at 30%-50% off MSRP, making our franchise community a leader in nutritional product sales.

The total investment necessary to begin operation of a Smoothie Factory' Store ranges from $257,000 to $365,700. This includes the $42,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store ranges from $141,500 to $305,000. This includes the $27,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory-RED MANGO Co-Branded Traditional Store ranges from $309,000 to $424,500. This includes the $47,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store Co-Branded with a Third-Party Concept ranges from $75,500 to $189,500. This includes the $20,000 to $27,000 that must be paid to the franchisor or an affiliate.










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.