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Below is an in-depth analysis and side-by-side comparison of Dippin' Dots 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 | $112,204 - $366,950 | $313,500 - $557,000 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | Varies | 6% of Gross Revenues |
Advertising Fee | Varies | 1% local |
Year Founded | 1988 | 2011 |
Year Franchised | 2000 | 2013 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | Varies | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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Training | On-The-Job Training: 12 hours Classroom Training: 19 hours | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media SEO Website development Email marketing | - |
Operations |
95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Research biotechnologist Curt Jones used his expertise in cryogenic freezing processes to find new ways to produce ice cream. After nearly a year of experimenting with the idea of flash-freezing his family's homemade ice cream, Jones created and sold his first cups of Dippin' Dots ice cream in 1988. Because of Jones' flash-freezing process, Dippin' Dots ice cream forms into little balls (hence the term 'dots'), but unlike freeze-dried products, the ice cream can still melt.
Seeking new franchise units Worldwide.