Bananas Smoothies & Frozen Yogurt vs sweetFrog Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bananas Smoothies & Frozen Yogurt vs sweetFrog including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Bananas Smoothies & Frozen Yogurt Franchise
sweetFrog Franchise
Investment $224,500 - $457,000$95,600 - $477,500
Franchise Fee $22,000 - $37,200$15,000 - $30,000
Royalty Fee 5%5%
Advertising Fee 1%1.5%
Year Founded 19752009
Year Franchised 20032012
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Bananas Smoothies & Frozen Yogurt Franchise
sweetFrog Franchise
Experience --

Financing Options

 
Bananas Smoothies & Frozen Yogurt Franchise
sweetFrog Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Bananas Smoothies & Frozen Yogurt Franchise
sweetFrog Franchise
Training - On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 19

50% of all franchisees own more than one unit.

Number of employees needed to run franchised unit: 2 - 4.

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).


Expansion Plans

 
Bananas Smoothies & Frozen Yogurt Franchise
sweetFrog Franchise
US Expansion -No
Canada Expansion -No
International Expansion -No

Company Overviews

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.

About sweetFrog

Shortly after moving to Richmond, Virginia, in 2009, Derek Cha brought the West-Coast frozen yogurt trend to his new home by opening the first sweetFrog store. In addition to a variety of frozen yogurt flavors and toppings, sweetFrog locations offer waffle cones and bowls, Belgian waffles, banana splits and parfaits.

The total investment necessary to begin operation of a sweetFrog Shop is $231,500 - $477,500 for a Shop in Traditional Venue, $95,600 - $304,000 for a Kiosk Shop or Standard Floor Plan Shop in Non-Traditional Venue and $122,400 - $219,300 for a Truck.

#23 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees

Seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe    
Veteran Incentives  25% off franchise fee (50% off in May and November)