|
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Yo-Good including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $332,254 - $571,634 | $110,000 - $250,000 |
Franchise Fee | $37,000 | N/A |
Royalty Fee | 5.5% | - |
Advertising Fee | 0.19Cents/Gal. | - |
Year Founded | 1902 | - |
Year Franchised | 1977 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | 3 days at Scoop School and 10 days of on-site training at your location, where we teach you everything you need to know to operate and manage an Abbott's Frozen Custard store. | - |
Support | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 4 - 6
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Yo Good is a dynamic, lively, perky and beneficial idea consolidating incredible taste and regular fixings that are a solid option suited for now's dynamic ways of life. The time and exertion put into everything about the outline, operations and formulas; have brought about a dynamic and feasible business. Yo's Good will likely make sustenance heavenly, fast and helpful. Yo Good's main goal is to be the biggest and most perceived solidified yogurt mark, permitting their establishment and vital accomplices the open door for individual and expert prizes.