I Can't Believe It's Yogurt vs Bananas Smoothies & Frozen Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of I Can't Believe It's Yogurt vs Bananas Smoothies & Frozen Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
I Can't Believe It's Yogurt Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Investment $110,000 - $203,000$224,500 - $457,000
Franchise Fee $15,000$22,000 - $37,200
Royalty Fee 05%
Advertising Fee 2.3%1%
Year Founded 19771975
Year Franchised 19832003
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements
 
I Can't Believe It's Yogurt Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Experience --

Financing Options
 
I Can't Believe It's Yogurt Franchise
Bananas Smoothies & Frozen Yogurt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
I Can't Believe It's Yogurt Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Training 1. Corporate Headquarters 10 Days 2. Store 1 Week-
Support -Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing --
Operations Average Number of Employees: 2 Full-time, 6 Part-time

Passive Ownership: Allowed, But Discouraged

 Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans
 
I Can't Believe It's Yogurt Franchise
Bananas Smoothies & Frozen Yogurt Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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.

About Bananas Smoothies & Frozen Yogurt

Bananas Smoothies & Frozen Yogurt is a quick serve restaurant style frozen treat franchise concept with a menu featuring the chain's proprietary Everything Yogurt brand frozen yogurt, Bananas Smoothies & Frozen Yogurt brand smoothies and frosties, and Gretel Pretzel brand hand-rolled pretzels. Other offerings include premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, candies, bagels, cookies, cakes and flavored popcorn, as well as specialty items such as Bananas apparel and gifts.