|
Below is an in-depth analysis and side-by-side comparison of Pinkberry vs 32Degrees A Yogurt Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $150,000 - $500,000 | $275,000 - $473,000 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 6% | 6 |
Advertising Fee | 2% local +2%Nat'l | 1 |
Year Founded | 2005 | 2010 |
Year Franchised | 2005 | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | 32� University provides professional training in all aspects of operating a 32� A Yogurt Bar� store. Once you are approved for a franchise, your training will begin with an intensive training program. This will include not only working in one of our stores, but also meeting with marketing, accounting and operations staff. This is a thorough training program designed to provide you with the necessary knowledge and skills to operate your own 32� A Yogurt Bar� store! |
Support | - | The franchisor maintains an outstanding marketing team. We will provide you with advice for your local advertising, including assistance with identification of desired media in your local market area, print ad design and placement, social media outlets and other possible marketing efforts to make your store a well-known destination. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
THE LEADING, ENDURING, FROZEN YOGURT BRAND Since Pinkberry's dispatch in 2005, the Company has set up a prevailing authority position in the solidified yogurt classification and a faction like after with its clients. Pinkberry has appreciated energetic gathering and solid development all through its home market of Los Angeles and has turned out to be for all intents and purposes synonymous with quality solidified yogurt. This fervor has now come to the nation over to the New York City advertise where the Company again has been met with energetic clients, enthusiastic for Pinkberry. The Company was even named "Best New Frozen Yogurt" in April of 2008 by Readers' Choice, Eat Out Awards. Pinkberry has been the beneficiary of a lot of extraordinary press, which has assembled gigantic mindfulness around the world for the brand. Pinkberry has been called "the taste that propelled 1,000 stopping tickets" and "a social wonder" by driving media outlets. The Company has even been built into various TV programs, for example, Saturday Night Live, Without a Trace, The Tonight Show with Jay Leno, Ugly Betty, The Hills and Gossip Girl to give some examples. Pinkberry is balanced for huge residential development and worldwide extension. We are hoping to cooperate with experienced region engineers in select vital markets. Presently we are looking for long haul associations in: Chicago, IL, Miami, FL, Dallas, TX , Phoenix, AZ, Seattle, WA and Honolulu, HI
What makes 32Degrees, a Yogurt Bar, different? At 32Degrees A Yogurt Bar, we pride ourselves on providing an environment and experience like no other! When you walk into a 32Degrees A Yogurt Bar store, you will immediately feel energized. The bright, fun atmosphere is just the beginning of the 32Degrees experience. There are a lot of yogurt concepts, but 32Degrees A Yogurt Bar stands out from the rest. At the heart of each store is our staff. Through extensive training and continuing education about the products we serve, our staff is always willing and able to offer assistance and share our knowledge about our delicious treats. You will always find a smiling and friendly face waiting to greet you. With a selection of more than 50 toppings, our topping bar allows each customer to create a sweet treat which is uniquely theirs. We ALWAYS use fresh fruit and always provide a wide array of nuts, candies and premium sauces. We constantly change our yogurt flavors and our toppings. At 32Degrees A Yogurt Bar, you can always design a new creation. From tart to sweet, our yogurt flavors will appeal to everyone's tastes. Simply fill your cup and choose your toppings! We take great pride in the cleanliness of our stores, paying special attention to the yogurt machines, the topping bar and all customer service areas. 32Degrees A Yogurt Bar franchisees have the full support of, and open communication with our officers and management staff. We are a family business with many years of retail background and management experience. The principal officers of our company have been operating successful retail businesses their entire working careers and are actively involved in the management of our 32Degrees A Yogurt Bar stores. They know what it takes to be a successful franchisee because they manage another retail business which has operated for over 25 years as a successful franchisee of a major national cookie brand. Our management team is committed to making 32Degrees A Yogurt Bar our most successful venture yet. As a franchisee, you will have access to the vast experience of our management staff, and they will assist you in developing the skills necessary to confidently and competently operate your own 32Degrees A Yogurt Bar store.