Sweet Nel's vs Bananas Smoothies & Frozen Yogurt Franchise Comparison

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

Start-Up Costs and Fees

 
Sweet Nel's Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Investment $354,000 - $539,000$224,500 - $457,000
Franchise Fee $35,000$22,000 - $37,200
Royalty Fee 5%5%
Advertising Fee 2%1%
Year Founded 20151975
Year Franchised 20152003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Sweet Nel's Franchise
Bananas Smoothies & Frozen Yogurt Franchise
Experience --

Financing Options

 
Sweet Nel's Franchise
Bananas Smoothies & Frozen 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
Bananas Smoothies & Frozen 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.-
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.Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations
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. Absentee Ownership Allowed Number of Employees Required to Run: 19

Expansion Plans

 
Sweet Nel's Franchise
Bananas Smoothies & Frozen Yogurt Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

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 Bananas Smoothies & Frozen Yogurt

Bananas Smoothies & Frozen Yogurt is a quick serve restaurant style frozen treat franchise concept with a menu featuring the chain's proprietary Everything Yogurt brand frozen yogurt, Bananas Smoothies & Frozen Yogurt brand smoothies and frosties, and Gretel Pretzel brand hand-rolled pretzels. Other offerings include premium flavored coffees, espresso, cappuccino, muffins, ice cream, nuts, candies, bagels, cookies, cakes and flavored popcorn, as well as specialty items such as Bananas apparel and gifts.