FROOTS Fresh Smoothies Salads & Wraps vs Menchie's Frozen Yogurt, USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of FROOTS Fresh Smoothies Salads & Wraps 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

 
FROOTS Fresh Smoothies Salads & Wraps Franchise
Menchie's Frozen Yogurt, USA Franchise
Investment $87,600 - $316,750$218,325 - $385,158
Franchise Fee $20,000$25,000 - $40,000
Royalty Fee 6%6%
Advertising Fee 2%-
Year Founded 2001-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
FROOTS Fresh Smoothies Salads & Wraps Franchise
Menchie's Frozen Yogurt, USA Franchise
Experience
  • General business experience Goal oriented Understands that marketing will strive their business. Ability to multi task and pay attention to detail
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    Financing Options

     
    FROOTS Fresh Smoothies Salads & Wraps Franchise
    Menchie's Frozen Yogurt, USA Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    FROOTS Fresh Smoothies Salads & Wraps Franchise
    Menchie's Frozen Yogurt, USA Franchise
    Training On-The-Job Training: 1 week Classroom Training: 16 hours Additional Training: At Froots corporate store -
    Support Froots offers you a complete support team. We work with each of our franchisees personally throughout the start-up process. This ensures that you are provided with everything necessary to properly launch your business. Including, but not limited to, everything from site selection to marketing support. Our training consists of 23 days in a corporate training program and 80 hours of Grand Opening Support Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
    Marketing Co-op Advertising Ad Templates National Media-
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

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    Expansion Plans

     
    FROOTS Fresh Smoothies Salads & Wraps Franchise
    Menchie's Frozen Yogurt, USA Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About FROOTS Fresh Smoothies Salads & Wraps

    FROOTS has been set up with the first time franchisee in mind. If you have never owned a franchise before, the questions below can help you determine if you are ready for the responsibility of such an endeavor.
    Who is going to operate the restaurant on a day-to-day basis?
    If it will be self-operated, have you committed to this being your full-time job and your full-time income stream?
    If a Manager will be hired, has a manager been identified that has a legitimate stake in the success of your business?
    If you are currently employed and are planning on leaving to own and operate your Froots, have you at least made your decision to quit your current job?
    If so, when are you planning on quitting?
    Have you determined exactly where the money for the total development costs will come from to open the store?
    Have you determined exactly how much of your own money you will invest in this endeavor?
    Is the money you are going to invest available to use immediately?
    Do you have the adequate cash reserves to manage through the start-up phase of your restaurant?
    Will you have partners in this endeavor? If so, have you defined exactly how much each partner will be contributing and what their roles will be?
    Do all partners agree on moving forward? Are all partners ready to contribute their portion of the investment?
    Have you discussed this opportunity with everyone that will be involved in your household?
     Does 100% of your household and any additional family members support your decision to own and operate a Froots?
    Are you 100% comfortable with the site you have selected or the trade area in which you will locate the store?
    Do you fully understand the franchise agreement and are you ready to abide by all of the Froots system standards as set forth in the franchise agreement?
    Have you completely analyzed Froots and do you feel that the Froots brand meets your personal and business objectives as a brand?
    We hope that this list of questions will help you address the most important issues that you will need to clarify before realizing your dream of owning a Froots Franchise. We are here to help you address many of the above issues and answer as many of your questions as possible. Since many of the above issues carry a different weight with each individual, we encourage you to address each of them as it relates to your personal situation.

    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.