16 Handles vs Bowl of Heaven Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Bowl of Heaven including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
16 Handles Franchise
Bowl of Heaven Franchise
Investment $274,500 - $735,000$135,500 - $328,500
Franchise Fee $30,000$30,000
Royalty Fee 6%6%
Advertising Fee 2%3% Local 2%Nat'l
Year Founded 20082010
Year Franchised 20102012
Term Of Agreement 10 years5 years +5+5+5
Term Of Agreement 10 years5 years +5+5+5
Renewal Fee 10% of the then franchise fee-


Business Experience Requirements
 
16 Handles Franchise
Bowl of Heaven Franchise
Experience Experienced business people, franchisees, and multi-unit operators

You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business.

Financing Options
 
16 Handles Franchise
Bowl of Heaven Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
16 Handles Franchise
Bowl of Heaven Franchise
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-
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.-
Marketing --
Operations A Franchise Business Consultant will be assigned to your store to assist with all business operations-

Expansion Plans
 
16 Handles Franchise
Bowl of Heaven Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

About 16 Handles

The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19

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About Bowl of Heaven

Bowl of Heaven is thrilled to have the opportunity to make customers happier and healthier, and have such a good time while doing so. We're also very serious about business and committed to our mission of offering high-quality products and services to people across the country. With our backgrounds in healthcare, biochemistry and medicine, and years of experience as entrepreneurs and business motivators, Bowl of Heaven is now seeking out like-minded, well-skilled, and financially capable individuals to join our team. That's where you enter the picture. Imagine yourself operating your own Bowl of Heaven location, or locations, where people of all ages gather to enjoy and benefit from heavenly acai bowls, smoothies and fresh juices. You can help us bring the joy of blending exotic fruits and healthy food to billions of people, while you work to secure your own future!