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Below is an in-depth analysis and side-by-side comparison of Farrell's Ice Cream Parlour 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 | N/A | $313,500 - $557,000 |
Franchise Fee | N/A | $35,000 |
Royalty Fee | - | 6% of Gross Revenues |
Advertising Fee | - | 1% local |
Year Founded | 1963 | 2011 |
Year Franchised | 2014 | 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 | - | 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 | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
If you've ever been to a Farrell's Ice Cream Parlour Restaurant, you know what makes us really special and sets us apart from other great businesses is our TEAM! And we would really like for you to be a part of it. Farrell's Cast Members all have fun personalities and enjoy a crazy, zany, whacky atmosphere. Every Cast Member, including hosts, servers, ice cream artisans to bussers, dishwashers and cooks, are able to deliver and promote "Disney" like service. We call it, "Happy-itis". If you have seen our appearances on The Food Network, then you know we are serious about our food, ice cream and creating great lifetime memories for our guests. If this sounds like you, and you are looking for a company that's growing and offers possible ground floor promotion, then we would love to talk to you about joining our team.