16 Handles vs Tropicana Smoothies Juices & More! Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Tropicana Smoothies Juices & More! including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
16 Handles Franchise
Tropicana Smoothies Juices & More! Franchise
Investment $274,500 - $735,000$175,000 - $225,000
Franchise Fee $30,000$75,000
Royalty Fee 6%6%
Advertising Fee 2%1%
Year Founded 20081949
Year Franchised 20102004
Term Of Agreement 10 years10 yeaqrs +10
Term Of Agreement 10 years10 yeaqrs +10
Renewal Fee 10% of the then franchise fee-


Business Experience Requirements

 
16 Handles Franchise
Tropicana Smoothies Juices & More! Franchise
Experience Experienced business people, franchisees, and multi-unit operators-

Financing Options

 
16 Handles Franchise
Tropicana Smoothies Juices & More! 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

 
16 Handles Franchise
Tropicana Smoothies Juices & More! Franchise
Training 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 operationsAverage Number of Employees: 3-4 Full-time, 2-4 Part-time

Passive Ownership: Not Allowed


Expansion Plans

 
16 Handles Franchise
Tropicana Smoothies Juices & More! Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion Yes-

Company Overviews

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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About Tropicana Smoothies Juices & More!

TROPICANA SMOOTHIES, JUICES & MORE! is a co-branding concept with premium-quality smoothies, nationally-branded ice cream and frozen yogurt. Concept will be sold as exclusive Territory Development Agreements for markets with a minimum of 500,000 population, with a development commitment of 5 stores in 10 years for established food-service and retail owners/operators.