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Below is an in-depth analysis and side-by-side comparison of I Can't Believe It's Yogurt vs Cups Frozen 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 | $110,000 - $203,000 | $399,800 - $850,800 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | 0 | - |
Advertising Fee | 2.3% | - |
Year Founded | 1977 | 2010 |
Year Franchised | 1983 | 2011 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 1. Corporate Headquarters 10 Days 2. Store 1 Week | - |
Support | - | - |
Marketing | - | - |
Operations | Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
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.
Advantages for prospective CUPS franchisees include: Ground floor opportunity CUP's experience and expertise in development, construction and marketing Small foot print (1,200 to 1,500 square feet) Easy to maintain Low labor costs Fast start-up