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Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Zoyo Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $274,500 - $735,000 | $150,200 - $315,000 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2008 | - |
Year Franchised | 2010 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of the then franchise fee | - |
Business Experience Requirements |
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Experience | Experienced business people, franchisees, and multi-unit operators | Be financially qualified *Wants a food business without food business challenges *Business experience in management, sales or operations *Frozen Yogurt industry experience is helpful but not necessary *Follow a Proven System *Few employees *Desire to be involved in the Community |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists | Training will cover various pre-opening, start-up and operating issues *In-office training *Operational management training *Quality assurance procedures *Comprehensive operational guides and documentation |
Support | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. | *Site selection assistance *Lease negotiation *Facilities design *Insurance selection *Hiring assistance *Advertising & marketing best practices Zoyo Neighborhood Yogurt's support doesn't end when you open your store location. Our Team is available to assist you whenever you need guidance. Zoyo is always available to guide and support you along the way. Your success is our success! |
Marketing | - | - |
Operations | A Franchise Business Consultant will be assigned to your store to assist with all business operations | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
The Zoyo Neighborhood Yogurt franchise is an award winning business, being named “The Best Frozen Yogurt” for two years running! Zoyo Franchisee Advantages *Lower franchise investment *Inviting atmosphere *Community involvement *Proprietary flavors *Fresh, live - culture-added "froyo" product *Initial training and ongoing franchisee support *Unparalleled customer service and quality guarantee *Higher "normal" income potential for franchisees *Ground floor expansion opportunities *Single, multi-unit, area and regional development opportunities available *Registered in all states except... New York, Maryland, Kentucky, North Dakota and Hawaii