Yogen Fruz Worldwide vs Tikiz Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Yogen Fruz Worldwide vs Tikiz including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Yogen Fruz Worldwide Franchise
Tikiz Franchise
Investment $123,179 - $459,679$132,500 - $146,000
Franchise Fee $25,000$20,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19862011
Year Franchised 19872012
Term Of Agreement 7-10 years-
Term Of Agreement 7-10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Yogen Fruz Worldwide Franchise
Tikiz Franchise
Experience --

Financing Options
 
Yogen Fruz Worldwide Franchise
Tikiz 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
 
Yogen Fruz Worldwide Franchise
Tikiz Franchise
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)

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Expansion Plans
 
Yogen Fruz Worldwide Franchise
Tikiz Franchise
US Expansion --
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.

"Top  ""

#33 in Canada's Top franchises.


About Tikiz

The Tikiz Truck was designed from the ground up to be a one-of-a-kind eye catching shaved ice and ice cream truck. During the conceptual stages of building the Tikiz truck, there were no limits on the custom components placed on and in the truck to make sure it was the wildest, most appealing shaved ice and ice cream truck someone would ever see. Some of the key features include: Brand New Ford heavy-duty chassis and truck body Self serving, patent-pending "Surv-Board" where customers can dispense their own custom fruit syrup creations An exotic highly visible Hawaiian beach themed vehicle wrap Custom real surf board lighted signs No generators. Everything runs from high output batteries that charge over-night or from the trucks alternator Top of the line high output Ice Shaver. Produces 400 to 600 small shaved ice within an hour Custom built stainless steel and aluminum cabinets, quality refrigeration equipment, advanced electronic gauges, self contained water system & more Aftermarket custom 20" inch chrome wheels with specialty fire design tires Inviting tropical steel drum music playing on an exterior Bose speakers Custom HID headlight bulbs, LED strobe lights and under truck neon lights bring major attention to the vehicle at night 20' tall Air Dancer inflatable Tikiz character for use at special events, parties and FUNdraisers Many More Exciting Features!