I Can't Believe It's Yogurt vs Kona Ice Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of I Can't Believe It's Yogurt vs Kona Ice 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
Kona Ice Franchise
Investment $110,000 - $203,000$145,600 - $169,200
Franchise Fee $15,000$15,000
Royalty Fee 0$3K-$4K/yr.
Advertising Fee 2.3%$500/yr.
Year Founded 19772007
Year Franchised 19832008
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
Kona Ice Franchise
Experience -Liquid Cash Requirement: $20,000 - $40,000

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

Training & Support
 
I Can't Believe It's Yogurt Franchise
Kona Ice Franchise
Training 1. Corporate Headquarters 10 Days 2. Store 1 Week

KONA KOLLEGE Your Kona Ice journey begins with an all expense paid trip to the training program at the Kona Corporate Headquarters. You'll gain firsthand knowledge in the following: - Marketing strategies from our corporate marketing team & veteran franchisees - Day-to-day operations from one of the largest franchises, which is housed at corporate - Meet your support staff - Initial setup of your business & social media marketing - No holds barred Q&A with the owner & CEO, Tony Lamb On-The-Job Training: 16-20 hours

Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing -Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations Average Number of Employees: 2 Full-time, 6 Part-time

Passive Ownership: Allowed, But Discouraged

-

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

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 Kona Ice

We have a question for you. What decides the achievement of an establishment? Is it luck? Happenstance? Why was Kona Ice positioned #1 New Franchise in Entrepreneur Magazine alternately considerably more vitally, Highest in Franchisee Satisfaction by TWO separate organizations? We think we may know why. Not each thought is establishment commendable. Not everybody can offer the support. So why are a few ideas right away effective and others simply aren't?

Here at Kona Ice, we know why we've succeeded and achieved the position of the #1 New Franchise (Entrepreneur Magazine 2013), beat in Franchisee Satisfaction (Establishment Business Review and Franchise Update), and named one of the quickest developing establishments in the nation directly behind McDonald's (Entrepreneur Magazine).

We don't believe it's fortunes by any means. It's the blend of a new idea, solid corporate support with a dream, and a craving to improve the world as a place.

So you might be knee somewhere down in the diversifying procedure with huge amounts of inquiries, yet we have only one for you. Why not join Kona Ice?

5 REASONS WHY KONA ICE IS DIFFERENT

1 Fixed Royalty: No punishments for succeeding.
2 Extremely Quick Startup: We'll have you up and running in 30-60 days.
3 Incredibly Low Overhead: Approx. 6% nourishment cost in an industry with a normal of 32%.
4 Proprietary Nutritional Product: An item that must be found at Kona Ice that is meeting the greater part of the government nourishing gauges.
5 Community Involvement: With over $25 million given back, our groups have held onto us as the best gathering pledges instrument.

If it's not too much trouble Note: The administrators of Kona Ice, might not have checked the precision of the Franchise data contained inside this site. For precise forward data, financial specialists are unequivocally prescribed to visit the authority Kona Ice site.

Veteran Incentives  10% off franchise fee
   
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In Franchise Business Reviews Top 200.
#31 in Gator's Top franchises.
#60 in Franchise 500 for 2020.
#53 in Franchise 500 for 2021.