Shave It Inc vs Menchie's Frozen Yogurt, USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shave It Inc 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
 
Shave It Inc Franchise
Menchie's Frozen Yogurt, USA Franchise
Investment $170,000 - $365,000$218,325 - $385,158
Franchise Fee $35,000$25,000 - $40,000
Royalty Fee 5%6%
Advertising Fee 2%-
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Shave It Inc Franchise
Menchie's Frozen Yogurt, USA Franchise
Experience --

Financing Options
 
Shave It Inc Franchise
Menchie's Frozen Yogurt, USA Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Shave It Inc Franchise
Menchie's Frozen Yogurt, USA Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Shave It Inc Franchise
Menchie's Frozen Yogurt, USA Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Shave It Inc

Karen Bain and Lisa Kudirka, with a half-dozen kids between them and a shared passion for shave ice, decided to make shave ice hip and trendy. They started small at school fundraisers where their creations were such an overwhelming hit, that it encouraged them to "jump in" and "Go Big or Go Home". Soon thereafter, the first Shave It store was launched in Southern California. Shave It was an immediate hit with lines out the door that continue to this day. "Going Big" not only meant launching one new concept, it meant two. The Shave It Mobile Ice Van debuted six months later, giving them the unique ability to drive to their customers. Next on the list came the creation of a charitable foundation, Foster a Miracle, a never-ending fundraising network that grants wishes to foster children with Shave It store revenue. Somehow knowing that a small portion of your Shave It will go to Foster a Miracle makes that Shave It melt your heart, while it melts in your mouth. Today Shave It is taking it to the next level...Franchising. The Shave It concept is on fire!

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.