Abbott's Frozen Custard vs Yogurt Lab Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Abbott's Frozen Custard Franchise
Yogurt Lab Franchise
Investment $332,254 - $571,634$313,500 - $557,000
Franchise Fee $37,000$35,000
Royalty Fee 5.5%6% of Gross Revenues
Advertising Fee 0.19Cents/Gal.1% local
Year Founded 19022011
Year Franchised 19772013
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Abbott's Frozen Custard Franchise
Yogurt Lab Franchise
Experience --

Financing Options
 
Abbott's Frozen Custard Franchise
Yogurt Lab Franchise
  In-House/3rd PartyIn-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
 
Abbott's Frozen Custard Franchise
Yogurt Lab Franchise
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.

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 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
 
Abbott's Frozen Custard Franchise
Yogurt Lab Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Abbott's Frozen Custard

Abbott's Frozen Custard has stood for quality for over 100 years in Upstate New York. Back in the 1920s, people started treating themselves to Abbott's Frozen Custard down at Charlotte Beach on Lake Ontario. Today, the company has grown with franchises spreading out in Rochester, Syracuse and New York's Finger Lakes region. No matter where our stores are located, success has come about because our driving principle is to make the best frozen custard on earth .

The total investment necessary to begin operation of an Abbott’s Frozen Custard franchise is between $332,254 and $571,634. This includes an initial franchise fee of $37,000, and other initial fees of $138,354 to $156,801 that must be paid to the franchisor or affiliates for your first Abbott’s Store.
If you choose to enter into a Development Agreement, you must open a minimum of three stores. The total investment necessary under the Development Agreement is between $996,762 to $1,714,902. This includes $111,000 and other initial fees of $415,062 to $470,403 that must be paid to the franchisor or affiliates to open three stores.

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.