Boloco Inspired Burritos vs Menchie's Frozen Yogurt, USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos 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
 
Boloco Inspired Burritos Franchise
Menchie's Frozen Yogurt, USA Franchise
Investment $190,000 - $400,000$218,325 - $385,158
Franchise Fee $25,000$25,000 - $40,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 1997-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $10000-


Business Experience Requirements
 
Boloco Inspired Burritos Franchise
Menchie's Frozen Yogurt, USA Franchise
Experience --

Financing Options
 
Boloco Inspired Burritos Franchise
Menchie's Frozen Yogurt, USA 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
 
Boloco Inspired Burritos Franchise
Menchie's Frozen Yogurt, USA Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Boloco Inspired Burritos Franchise
Menchie's Frozen Yogurt, USA Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.

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.