Sweet Nel's vs I Can't Believe It's Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sweet Nel's 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

 
Sweet Nel's Franchise
I Can't Believe It's Yogurt Franchise
Investment $354,000 - $539,000$110,000 - $203,000
Franchise Fee $35,000$15,000
Royalty Fee 5%0
Advertising Fee 2%2.3%
Year Founded 20151977
Year Franchised 20151983
Term Of Agreement -10 years +10
Term Of Agreement -10 years +10
Renewal Fee --


Business Experience Requirements

 
Sweet Nel's Franchise
I Can't Believe It's Yogurt Franchise
Experience --

Financing Options

 
Sweet Nel's Franchise
I Can't Believe It's Yogurt 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

 
Sweet Nel's Franchise
I Can't Believe It's Yogurt Franchise
Training 2 weeks of intensive training from the most basic of shop functions to the most comprehensive management techniques necessary to run the Sweet Nel's business. Training is ongoing for both you and your employees.1. Corporate Headquarters 10 Days 2. Store 1 Week
Support A Sweet Nel's consultant will guide you through every phase of development and, eventually, to help you open your shop. After shop construction, and for the 2-weeks prior to grand opening, we will assist in setting up your Sweet Nel's Shop. Sweet Nel's franchisees are provided with a Field Service Consultant on-call to answer questions and to provide support. They will visit on a regular basis and have an in-depth meeting about how things are going and to offer suggestions and evaluations.-
Marketing We support you with the tools you need to take advantage of promotional opportunities and create new programs on an ongoing basis.-
Operations We do not allow multiple shop ownership at this time.Average Number of Employees: 2 Full-time, 6 Part-time

Passive Ownership: Allowed, But Discouraged


Expansion Plans

 
Sweet Nel's Franchise
I Can't Believe It's Yogurt Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Sweet Nel's

We are developing a small, limited number of "Sweet Nel's" franchises in the Philadelphia area. Although we could open more, it is our philosophy to open fewer cafes and locate them in very high profile, magnet locations in and around Philadelphia. Franchisees are extensively screened, exhaustively trained and provided with an exceptional degree of guidance and support from the Sweet Nel's franchise organization.

About I Can't Believe It's Yogurt

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.


Read more: https://www.referenceforbusiness.com/history2/8/CoolBrands-International-Inc.html#ixzz6sXAAkdGS
Traditional Franchises: We are actively looking for single store franchisees in over 20 countries. Development Agreements: On a selective basis, we enter into Master Franchise exclusive development agreement with companies who are interested in bringing the I Can't Believe It's Yogurt experience to new markets. We are actively looking for master franchisees for any country worldwide and most States in the USA.
 
I Can't Believe It's Yogurt is committed to developing innovative new products prompting customers to return again and again - keeping I Can't Believe It's Yogurt ahead of the competition, constantly refreshing the business with new flavors.