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Below is an in-depth analysis and side-by-side comparison of Kilwin's Chocolates vs I Can't Believe It's Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $177,534 - $937,415 | $110,000 - $203,000 |
Franchise Fee | $20,000 - $40,000 | $15,000 |
Royalty Fee | 5% | 0 |
Advertising Fee | 1% | 2.3% |
Year Founded | 1947 | 1977 |
Year Franchised | 1982 | 1983 |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
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 | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 173 hours Classroom Training: 43 hours Additional Training: Online training; store visits | 1. Corporate Headquarters 10 Days 2. Store 1 Week |
Support | Newsletter Meetings/Conventions Grand Opening Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | - |
Operations | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Since 1947 Kilwins has been a celebrated part of Americana having earned a reputation for providing high quality products and excellent service. Our heritage was built on the simple premise of creating our products from the finest ingredients and providing customers with great service. Today we continue the tradition by uniquely combining high quality products with a warm friendly customer experience that is supported through a successful community of caring owner operators. We continue to offer the finest quality traditional down-home confections and ice cream that are kitchen made fresh from premium ingredients and original recipes.
Seeking new franchise units in the following regions/states:
Alabama, Arkansas, Colorado, Connecticut, District of Columbia,
Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana,
Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Nebraska,
North Carolina, New Hampshire, New Jersey, New York, Ohio, Oklahoma,
Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia,
Vermont, Wisconsin and West Virginia
Through nearly 5,000 franchises, CoolBrands International Inc., formerly known as Yogen Fruz World-Wide, Inc. sells frozen yogurt and ice cream, including I Can't Believe It's Yogurt, in Canada, the United States, and 80 other countries worldwide.