Let's Yo Yogurt vs Kona Ice Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Let's Yo Yogurt vs Kona Ice including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Let's Yo Yogurt Franchise
Kona Ice Franchise
Investment $355,800 - $548,500$145,600 - $169,200
Franchise Fee $45,000$15,000
Royalty Fee 6%$3K-$4K/yr.
Advertising Fee -$500/yr.
Year Founded 20112007
Year Franchised 20112008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Let's Yo Yogurt Franchise
Kona Ice Franchise
Experience -Liquid Cash Requirement: $20,000 - $40,000

Financing Options
 
Let's Yo 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
 
Let's Yo Yogurt Franchise
Kona Ice Franchise
Training

At our training facility our franchisees and managers learn how to successfully operate a Let's YO store. The training is an intensive series of onsite workshops, online courses and hands-on training. Attendees receive personalized, hands-on training from a dedicated team of Let's YO Education and Training specialists. Not only do our franchisees learn how to make our famous treats, they learn how to exceed guest service expectations and deliver quality guest service. The training facility also includes a fully-functioning Let's YO retail location with inside seating and service that is open to the public year round. The training facility is open to all Let's YO, and provides an excellent model of future Let's YO stores that features the latest design Let's YO features and key elements.

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

Real Estate This is the beginning of your Site Search as a Let's YO franchisee. You will be teamed with a Let's YO Real Estate Manager who will work with you to determine the best possible location for your new store. Your Real Estate Manager is designated to your area and will visit your site, research Demographics, market characteristics, and analyze the proposed location to determine that your site can be submitted to Let's YO Site Approval Committee. Our Committee meets weekly in order to determine the most viable location for your Let's YO store. We will also assist you with your negotiations, Rental Offer/Letter of Intent (LOI), and Lease Agreement signing. By utilizing local brokers, defining the intentions between the landlord and the tenant, outlining the basic provisions of your lease, and reviewing any contingencies. Let's YO supports you through the Real Estate process. We are committed to identifying the best opportunity for you in your area of development. With your partnership we will continue our strategy for expansion and to build the Let's YO franchise brand! Construction During this next step, a Project Manager from Let's YO Construction Team will work closely with you. Our Project Managers handle every property from the time the site is identified to the time that the store opens. We provide support during the design and permitting phase prior to the start of construction, and we manage Contractors and Vendors while holding everyone involved in the process to Let's YO standards. Our experienced Construction Team has experience in working with all types of Real Estate from Free Standing, to Strip Centers, to renovated buildings. Your Project Manager will provide you with Let's YO approved floor plan, cost estimate, scope of work, and your equipment list. Let's YO Construction Team is here to ensure this process runs smoothly and efficiently while adhering to the Let’s YO Franchise System standards. Operations Support Dedicated field staff will visit your store to help strategize, build and execute your plan on a local level. Our operations team includes a number of professionals with wide-ranging food service expertise who function as your business consultant. These experts can assist with everything from sharing best practices, hitting P&L goals, engaging your team members, customer service, human resources, understanding trade areas and local store marketing. New Store Opening Support Through every aspect of the exciting but challenging opening process, the Let's YO team will assure that your store's opening is truly grand.

Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing

We fully support you with strong marketing and advertising programs, along with a complete package of communication and brand tools. Working from a solid brand and sales growth strategy, our team of marketing veterans will develop and manage all system wide tactics as well as assist you with specific ways to promote your store locally.

Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
Let's Yo Yogurt Franchise
Kona Ice Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion -Yes

Company Overviews

About Let's Yo Yogurt

Irresistible delectable treats is just one component of the Let's YO yogurt experience. The Let's YO brand has been carefully developed to appeal to health conscious and trend-forward customers with active lifestyles. We're developing a strong brand loyalty among our growing guest base through interactive marketing programs and social media outreach. The hip, energetic and socially connected store environment adds yet another dimension to Let's YO's distinctiveness among traditional yogurt stores. Its time to join a real growth opportunity! Let's YO is quickly establishing itself as one of fastest growing new franchise brands in the Fro-Yo industry and has a plan for success that includes expanding this hot new brand nationwide! The simple operation of this rapidly growing product category and relatively low investment, allows you to be an investor inside your store, not an operator. With territories now open for expansion throughout the U.S. the timing has never been better to invest in a Let's YO yogurt franchise! If you are interested in taking the next step to find out if a Let's Yo Yogurt franchise could work for you, please fill in the form below.

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
   
     ""     "Top  ""    "Entrepreneur
In Franchise Business Reviews Top 200.
#31 in Gator's Top franchises.
#60 in Franchise 500 for 2020.
#53 in Franchise 500 for 2021.