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Below is an in-depth analysis and side-by-side comparison of Forever Yogurt vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $240,000 - $478,450 | $313,500 - $557,000 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 6% | 6% of Gross Revenues |
Advertising Fee | 2% | 1% local |
Year Founded | 2010 | 2011 |
Year Franchised | 2012 | 2013 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
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 | Hands-on training at our corporate office, become a froyo expert. On-The-Job Training: 1-3 days Classroom Training: 1-2 weeks | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising | - |
Operations | Absentee Ownership Allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Forever Yogurt is growing! This young and fun company is an award-winning, leading brand in the industry. With high grossing stores and low overhead, don't miss out on franchising in the US or internationally with Forever Yogurt. We are currently seeking national and international multi-unit owners with exclusive territory rights, and single-unit franchise owners.