| ||||
Updated Recently16 Handles vs Sweet Monkey Frozen Yogurt & Cupcakes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Sweet Monkey Frozen Yogurt & Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $274,500 - $735,000 | N/A |
| Franchise Fee | $30,000 | $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | - |
| Year Founded | 2008 | - |
| Year Franchised | 2010 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 10% of the then franchise fee | - |
Business Experience Requirements |
||
| Experience | Experienced business people, franchisees, and multi-unit operators | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| 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 operations | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About 16 Handles
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
About Sweet Monkey Frozen Yogurt & Cupcakes
The Sweet Monkey Frozen Yogurt Franchise has been designed to maximize profitability and revenue opportunities through an efficient, unique and highly effective franchise system. It's no secret that the Frozen Yogurt industry has grown by leaps and bounds over the past five years. The world has fallen in love with the taste, health benefits and the concept of frozen yogurt shops. Sweet Monkey Frozen Yogurt takes that growing industry trend and captures the essence of whatFrozen Yogurt Franchise makes this incredulous growth so real. The Sweet Monkey Franchise concept was designed to deliver a fun, upbeat and younger-demographic focus. The concept was also aptly designed to cater to females, particularly ages 18 - 24. With this in mind, the store layout, theming and functionality all came together with a sole purpose, when a customer enters the store it should be a truly amazing experience for them each and every time they choose to purchase frozen yogurt. The Sweet Monkey Frozen Yogurt team didn't stop there. With the evolution of the business model, more products and varieties of options that include frozen yogurt were developed the differentiate from other Frozen Yogurt Franchises. This diversity of product offerings and development of new products positioned Sweet MoSweet Monkey Frozen Yogurt Franchisenkey uniquely in the Frozen Yogurt franchise segment to have several competitive advantages. Store design and store layout for the frozen yogurt franchise have been spared no expense in designing, building and identifying the key profit centers and customer retention tools needed within the location to maximize store revenue. The Sweet Monkey Franchise offers a complete training and support system. The franchise model has a proven and defined marketing program to develop a local market in as short of a time period as possible. The management team of Sweet Monkey brings a wide range of experiences, talent and understanding for many segments of the business including, store construction, menu design, product development, financial strategy and marketing expertise.