Yogurt Lab vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Yogurt Lab vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Yogurt Lab Franchise
Nekter Juice Bars Inc. Franchise
Investment $313,500 - $557,000$224,500 - $584,100
Franchise Fee $35,000$45,000
Royalty Fee 6% of Gross Revenues6%
Advertising Fee 1% local2%
Year Founded 20112010
Year Franchised 20132012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Yogurt Lab Franchise
Nekter Juice Bars Inc. Franchise
Experience --

Financing Options

 
Yogurt Lab Franchise
Nekter Juice Bars Inc. 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

 
Yogurt Lab Franchise
Nekter Juice Bars Inc. Franchise
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

On-The-Job Training: 80 hours Classroom Training: 18 hours
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing -Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans

 
Yogurt Lab Franchise
Nekter Juice Bars Inc. Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Yogurt Lab

Yogurt Lab features fresh-made premium frozen yogurt coupled with quality toppings and an unmatched customer experience compared to other ordinary, everyday frozen yogurt shops. How? We make all of our delicious flavors fresh in our stores daily. We’ve also built a powerful formula for success with a premium brand that offers a healthy dessert, snack alternative, and even a meal replacement (have you tried Greek Yogurt w/fresh fruit, honey granola and oatmeal flakes?) Yogurt Lab has become the ideal gathering place for families, friends, and even for business. And, Yogurt Lab has proven its success in the Twin Cities, one of the nation’s coldest metropolitan markets.

About Nekter Juice Bars Inc.

In 2010, Nekter Juice Bars Inc. set out to transform the juice and smoothie space similarly to how the coffee experience was reinvented in the early 1990’s. Nekter Juice Bars Inc. believes that “healthy” can be affordable, taste good, and feel good too, and it is our mission to provide a healthy foundation for people to feel and live better.

With an Average Unit Volume of $837,263*, outstanding training & support, and huge growth potential, Nekter Juice Bars Inc. is the ideal franchise opportunity for you.

If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $45,000 initial franchise fee for one location you will pay to the franchisor either $96,000 for the development of two stores or $145,000 for the development of five stores under the terms of the franchisor’s development agreement. Upon signing, you will pay to the franchisor a Development Fee equal to 100% of the Initial Franchise Fee due for each Store you commit to develop.
Veteran Incentives  20% off franchise fee
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#128 in Franchise 500 for 2020.
#100 in Franchise 500 for 2020.