Yogen Fruz Worldwide vs Menchie's Frozen Yogurt, USA Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Yogen Fruz Worldwide vs Menchie's Frozen Yogurt, USA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$123,179 - $459,679 | $218,325 - $385,158 |
Franchise Fee |
$25,000 | $25,000 - $40,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
3% | - |
Year Founded |
1986 | - |
Year Franchised |
1987 | - |
Term Of Agreement |
7-10 years | - |
Term Of Agreement |
7-10 years | - |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
Training |
- | - |
Support |
Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4
- 7
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Yogen Fruz Worldwide
Brothers Michael and Aaron Serruya, ages 19 and 20, wanted to buy a franchise, but no one would take a chance on them. So they started their own frozen yogurt shop,Yogen Fruz, in 1986 in Toronto, Ontario, and began franchising a year later. Their brother, Simon, joined the company in 1989, the same year Yogen Fruz expanded into the United States. Now based in Markham, Ontario, Yogen Fruz has more than 1,520 units across the world in both traditional and nontraditional locations. The company also owns I Can't Believe It's Yogurt!, Bresler's Ice Cream and Yogurt, Swensen's Ice Cream, and Java Coast Fine Coffees.
#33 in Canada's Top franchises.
About Menchie's Frozen Yogurt, USA
Menchie's is a fast-growing chain of frozen yogurt shops that provides customers the opportunity to create their own custom combinations. With a self-serve design,
Menchie's offers more than 100 unique rotating flavors and more than 60 rotating toppings at each location. Servings are paid by the ounce so customers are only paying for what they want. Already a favorite spot among Hollywood's hottest celebrities such as Taylor Swift, Jennifer Lopez, and Justin Timberlake, and families across the country,
Menchie's upbeat environment and endless selections makes it appealing for everyone.
Menchie's has more than 35 locations open in 11 states, with an additional 45 currently in development, and is poised to total more than 120 locations throughout the country by the end of the year.
Major Market Territories are still available and we encourage you to inquire about opportunities in your own community. Our aggressive expansion plans will focus on key domestic and international opportunities. We currently are offering Area Developer, Multi-Unit and Single Unit opportunities to qualified candidates. To learn more about our available markets and the benefits of Menchie's franchise ownership and for more information visit
www.menchies.com.
We're looking for entrepreneurs to share our vision.
If you sign an Area Development Agreement, you must pay the
franchisor a Development Fee equal to $96,000 if you are going to open 3
Stores and $125,000 if you are planning to open 5 Stores.