NRgize Lifestyle Cafe vs 16 Handles Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of NRgize Lifestyle Cafe vs 16 Handles including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
NRgize Lifestyle Cafe Franchise
16 Handles Franchise
Investment $63,400 - $341,050$274,500 - $735,000
Franchise Fee $7,500 - $30,000$30,000
Royalty Fee >6% or $250 weekly6%
Advertising Fee 0.5%2%
Year Founded 20062008
Year Franchised 20062010
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -10% of the then franchise fee


Business Experience Requirements

 
NRgize Lifestyle Cafe Franchise
16 Handles Franchise
Experience -Experienced business people, franchisees, and multi-unit operators

Financing Options

 
NRgize Lifestyle Cafe Franchise
16 Handles Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support

 
NRgize Lifestyle Cafe Franchise
16 Handles Franchise
Training The extensive NRgize training course includes 5 days of classroom training at KTEC, Kahala Training and Education Center, which is held at Kahala Corp’s Scottsdale offices. When your new NRgize location is ready to open, we will provide another 5 full days of in-store training with an NRgize Store Opening Trainer.2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists
Support -As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond.
Marketing --
Operations -A Franchise Business Consultant will be assigned to your store to assist with all business operations

Expansion Plans

 
NRgize Lifestyle Cafe Franchise
16 Handles Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About NRgize Lifestyle Cafe

Clients across the nation are requesting helpful, awesome tasting sustenance offerings that won't imperil their wellbeing cognizant way of life. NrGize Lifestyle Cafe™ conveys on this request offering heavenly, supplement pressed items that fuel to fulfill everybody from the competitor to the learner and each one of those in the middle. We stand firm on our dedication to wellbeing and set ourselves apart from our rivals by utilizing just the most delightful natural product, most elevated quality supplements* and our restrictive smoothie formulas, all of which make our product offering genuinely exceptional. As smoothies keep on being a prevalent dinner swap and nibble choice for buyers, NrGize can possibly proceed with its extension.

Because of your prosperity, NrGize keeps on developing as buyer requests and patterns change. From one of a kind co-marking chances to extra menu things, we are always pushing ahead with better approaches to develop your business. Our innovative work group takes incredible pride in creating items that meet the regularly changing requests for our wellbeing cognizant clients and our exhaustive preparing program conveys the instruments you have to productively work your NrGize Lifestyle Cafe™. Preceding opening, you will get 16 hours of in-store preparing which traces the operational frameworks. Endless supply of your in-store preparing, you will burn through five days at the Kahala Training and Education Center (KTEC) in Scottsdale, Ariz. Themes secured at KTEC incorporate instructing, client benefit, preparing, business data, showcasing, gainfulness and that's just the beginning.

What's more, the support doesn't stop there. We comprehend that opening an eatery isn't care for flipping a switch, so we've built up a novel bolster structure that gives you the best chance to get down to business. When you turn into a NrGize franchisee, we'll be close by all through the excursion of opening your store. Our devoted NrGize group will help you with critical pre-opening strides, for example, site choice, outline and development, and also a fabulous opening arrangement. Our tried working framework and industry encounter empowers us to keep the cost of passage and working expenses as low as conceivable with a specific end goal to augment your development.

In particular, you will have an assigned NrGize agent accessible to bolster you and answer inquiries en route. They will be your everyday contact all through the way toward opening your store and they will keep on supporting you as you develop your business. This agent is situated close to your area so they know you, your store and your business openings.

About 16 Handles

The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19

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