Vitality Juice vs I Can't Believe It's Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Vitality Juice 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
 
Vitality Juice Franchise
I Can't Believe It's Yogurt Franchise
Investment $128,000 - $393,500$110,000 - $203,000
Franchise Fee $15,000 - $35,000$15,000
Royalty Fee 5%0
Advertising Fee -2.3%
Year Founded 20041977
Year Franchised 20051983
Term Of Agreement 15 years10 years +10
Term Of Agreement 15 years10 years +10
Renewal Fee $10000-


Business Experience Requirements
 
Vitality Juice Franchise
I Can't Believe It's Yogurt Franchise
Experience --

Financing Options
 
Vitality Juice Franchise
I Can't Believe It's Yogurt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
Vitality Juice Franchise
I Can't Believe It's Yogurt Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 1 week

* Ongoing as needed, at any location

1. Corporate Headquarters 10 Days 2. Store 1 Week
Support --
Marketing --
Operations * 0% of all franchisees own more than one unit

* Number of employees needed to run franchised unit: 10 - 12

* Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Average Number of Employees: 2 Full-time, 6 Part-time

Passive Ownership: Allowed, But Discouraged

Expansion Plans
 
Vitality Juice Franchise
I Can't Believe It's Yogurt Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Vitality Juice

NO LONGER FRANCHISING

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.