16 Handles vs Vitality Bowls Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Vitality Bowls including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$274,500 - $735,000 | $170,100 - $604,000 |
Franchise Fee |
$30,000 | $39,500 |
Royalty Fee |
6% | 6% |
Advertising Fee |
2% | 1.5% |
Year Founded |
2008 | 2011 |
Year Franchised |
2010 | 2014 |
Term Of Agreement |
10 years | 7 years |
Term Of Agreement |
10 years | 7 years |
Renewal Fee |
10% of the then franchise fee | - |
Business Experience Requirements |
Experience |
Experienced business people, franchisees, and multi-unit operators | Franchisee Profile
*Passionate about VITALITY BOWLS
*Passionate about healthy food and a healthy lifestyle
*Local market knowledge
*Minimum $30-60K liquid assets per store and total of $200k+ (May include lending)
*Single store and multi unit development opportunities available, depending on your market
*Retail or restaurant operations experience is helpful |
Financing Options |
|
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 |
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 | VITALITY BOWLS operates training units in Walnut Creek, CA. We will do our best to schedule your training in an area that is convenient for you. Training will also take place at your location before and/or after you open.
Our training program teaches you the day-to-day operation of your VITALITY BOWLS unit. VITALITY BOWLS requires that the franchisee, an operating partner, or a general manager, designated by the franchisee, attend our full-time, training program. This program will teach you how to fully operate your VITALITY BOWLS unit from the ground up. We will not let you open until we are satisfied we have provided you with sufficient training to be successful.
|
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. | After signing your franchise agreement, we are available for continuous, direct support. You can count on us for operational input and best practices information. In addition, we will visit you regularly to ensure you are maximizing the potential of your business and we are helping you in every way we can.
On a continuing basis, we will drive the brand and support your efforts in marketing, real estate and development, supply chain, and IT. Should you have questions or need help with issues in these areas, you can call us. |
Marketing |
- | - |
Operations |
A Franchise Business Consultant will be assigned to your store to assist with all business operations | - |
Expansion Plans |
US Expansion |
Yes | 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
#72 on Franchise Rankings.com
About Vitality Bowls
Roy and Tara Gilad, a pair of successful business owners, founded Vitality Bowls in 2011 in San Ramon, California. The duo started the superfood cafe concept together as a result of discovering their daughter's severe food allergies and wanting to find healthy food alternatives. Since franchising began in 2014, the brand has seen significant growth with nearly 40 cafes open and in development. Today, Vitality Bowls is redefining the fast casual healthy food restaurant sector every day at each of its locations across the country. Tailored to owners and operators that place value in the nation's nutritious food movement, the franchise model provides structure and scalability. Many of the current franchisees began as loyal customers who wanted to be a part of the future of food chains. Franchisees can open up to three stores in a protected territory.
If you are passionate about a healthy lifestyle and want operate a thriving business, VITALITY BOWLS might be the right choice for you. We look for someone with an entrepreneurial spirit who takes a hands-on approach to managing their business in addition to supporting their local community. If you are ready for an exciting new experience, owning a VITALITY BOWLS franchise may be in your future.
Vitality Bowls area developers acquire the right to develop multiple
Vitality Bowls Restaurants in a designated development area. The
development fee is $39,500 for the first Restaurant to be developed
under the Area Development Agreement, plus $29,500 for the second
Restaurant, and $20,000 for each subsequent Restaurant to be developed
under the Area Development Agreement. To develop five outlets as an Area
Developer, the development fees would total $129,000. The total
investment necessary to begin operation of a Vitality Bowls area
developer business will depend on the number of Vitality Bowls
Restaurants to be opened. A minimum of three outlets must be developed
according to the Area Development Agreement.
The estimated total investment necessary to begin operations for a
Vitality Bowls Restaurant ranges from $170,100 and $604,000. This
includes between $20,000 and $39,500 that must be paid to the franchisor
or its affiliates.
#185 in Franchise 500 for 2021. Not in Franchise 500 for 2020.