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Updated RecentlyStrickland's vs Let's Yo Yogurt Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Strickland's vs Let's Yo Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $188,500 - $315,000 | $355,800 - $548,500 |
| Franchise Fee | $25,000 | $45,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1936 | 2011 |
| Year Franchised | 2002 | 2011 |
| Term Of Agreement | 15 years | 10 years |
| Term Of Agreement | 15 years | 10 years |
| Renewal Fee | $500 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| 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 |
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| Training | We conduct an intensive, one-week training session at our Akron, Ohio headquarters or at our Irvine, California franchise location, depending on where you live. You will gain both "back office" and in-store experience covering all aspects of operating a Stricklands Ice Cream franchise. In addition, we provide 3-5 days of onsite supportand training at your location during your grand opening week. We also provide our Franchisees a comprehensive Franchise Operations & Policies Manual, which provides detailed information concerning the development, opening and ongoing operation of your Stricklands Ice Cream franchise. | At our training facility our franchisees and managers learn how to successfully operate a Let's YO store. The training is an intensive series of onsite workshops, online courses and hands-on training. Attendees receive personalized, hands-on training from a dedicated team of Let's YO Education and Training specialists. Not only do our franchisees learn how to make our famous treats, they learn how to exceed guest service expectations and deliver quality guest service. The training facility also includes a fully-functioning Let's YO retail location with inside seating and service that is open to the public year round. The training facility is open to all Let's YO, and provides an excellent model of future Let's YO stores that features the latest design Let's YO features and key elements. |
| Support | - | Real Estate This is the beginning of your Site Search as a Let's YO franchisee. You will be teamed with a Let's YO Real Estate Manager who will work with you to determine the best possible location for your new store. Your Real Estate Manager is designated to your area and will visit your site, research Demographics, market characteristics, and analyze the proposed location to determine that your site can be submitted to Let's YO Site Approval Committee. Our Committee meets weekly in order to determine the most viable location for your Let's YO store. We will also assist you with your negotiations, Rental Offer/Letter of Intent (LOI), and Lease Agreement signing. By utilizing local brokers, defining the intentions between the landlord and the tenant, outlining the basic provisions of your lease, and reviewing any contingencies. Let's YO supports you through the Real Estate process. We are committed to identifying the best opportunity for you in your area of development. With your partnership we will continue our strategy for expansion and to build the Let's YO franchise brand! Construction During this next step, a Project Manager from Let's YO Construction Team will work closely with you. Our Project Managers handle every property from the time the site is identified to the time that the store opens. We provide support during the design and permitting phase prior to the start of construction, and we manage Contractors and Vendors while holding everyone involved in the process to Let's YO standards. Our experienced Construction Team has experience in working with all types of Real Estate from Free Standing, to Strip Centers, to renovated buildings. Your Project Manager will provide you with Let's YO approved floor plan, cost estimate, scope of work, and your equipment list. Let's YO Construction Team is here to ensure this process runs smoothly and efficiently while adhering to the Let’s YO Franchise System standards. Operations Support Dedicated field staff will visit your store to help strategize, build and execute your plan on a local level. Our operations team includes a number of professionals with wide-ranging food service expertise who function as your business consultant. These experts can assist with everything from sharing best practices, hitting P&L goals, engaging your team members, customer service, human resources, understanding trade areas and local store marketing. New Store Opening Support Through every aspect of the exciting but challenging opening process, the Let's YO team will assure that your store's opening is truly grand. |
| Marketing | - | We fully support you with strong marketing and advertising programs, along with a complete package of communication and brand tools. Working from a solid brand and sales growth strategy, our team of marketing veterans will develop and manage all system wide tactics as well as assist you with specific ways to promote your store locally. |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Strickland's
A Deliciously Different Ice Cream Store Franchise!
Welcome to a franchise opportunity that can only be described as "deliciously different." With a history and tradition dating back to 1936, Stricklands has been a thriving, dynamic business in the greater Akron, Ohio area for generations. Our award-winning homemade ice cream is legendary and unlike any other ice cream in the industry.
Stricklands' formula for accomplishment for our dessert establishment opportunity is based on our incredible tasting frozen yogurt, solidified custard, yogurt and sorbet - all made utilizing our exclusive clump coolers, which were designed in the 1930s! The differing qualities of our product offerings offers to pretty much every buyer and Stricklands' one of a kind taste makes clients forever. We make our items crisp each day at every Stricklands Ice Cream store
• Our Rich Cream Base - Carefully made utilizing the equation made by Bill Strickland in the 1930s. We get a kick out of the chance to state that it just takes one chomp of Stricklands' crisp, delicate, smooth dessert to make a client forever!
• Fresh Ingredients - Stricklands keeps it genuine - genuine peaches, genuine strawberries, genuine bananas, genuine almonds, genuine chocolate chips - the rundown continues endlessly. Stricklands utilizes just the best fixings to make the best dessert and solidified custard anyplace!
• Old-Fashioned Quality - Our restrictive frozen yogurt machines have been deliberately designed to imitate the quality and toughness of the machines worked for Stricklands in the 1930s...which are still in operation today at our unique area in Akron, Ohio. Our exceptional machines likewise create staggering solidified custard, yogurt and sorbet!
We are looking for qualified people who are keen on opening single-unit or numerous dessert store establishments in their general vicinity.
About Let's Yo Yogurt
Irresistible delectable treats is just one component of the Let's YO yogurt experience. The Let's YO brand has been carefully developed to appeal to health conscious and trend-forward customers with active lifestyles. We're developing a strong brand loyalty among our growing guest base through interactive marketing programs and social media outreach. The hip, energetic and socially connected store environment adds yet another dimension to Let's YO's distinctiveness among traditional yogurt stores. Its time to join a real growth opportunity! Let's YO is quickly establishing itself as one of fastest growing new franchise brands in the Fro-Yo industry and has a plan for success that includes expanding this hot new brand nationwide! The simple operation of this rapidly growing product category and relatively low investment, allows you to be an investor inside your store, not an operator. With territories now open for expansion throughout the U.S. the timing has never been better to invest in a Let's YO yogurt franchise! If you are interested in taking the next step to find out if a Let's Yo Yogurt franchise could work for you, please fill in the form below.