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Below is an in-depth analysis and side-by-side comparison of FrozenPeaks 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 | $450,000 - $830,000 | $313,500 - $557,000 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | - | 6% of Gross Revenues |
Advertising Fee | - | 1% local |
Year Founded | - | 2011 |
Year Franchised | - | 2013 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 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 | Initial training, ongoing training, and ongoing support as deemed needed. | 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 | - | - |
Marketing | Frozen Peaks National Consumer website is part of your monthly Marketing and Technology Fund Fee which also contains each franchisee’s individual Micro-Site. The purpose of the National Consumer website is to establish and promote the Frozen Peaks brand to attract retail business for our franchisees. Visitors to the website will encounter the Franchisee Location Finder, allowing them to find the Frozen Peaks nearest to them. You will be provided your own individual, personalized location Micro-Site for your franchise. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |