16 Handles vs Bambu Desserts & Drinks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Bambu Desserts & Drinks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$274,500 - $735,000 | $141,500 - $304,200 |
Franchise Fee |
$30,000 | $40,000 - $80,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
2008 | 2014 |
Year Franchised |
2010 | 2014 |
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
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
#72 on Franchise Rankings.com
About Bambu Desserts & Drinks
Bambu Desserts & Drinks serves distinctive Asian-inspired Che, unique boba teas,
Vietnamese coffees, exotic fruit smoothies and juices ordered directly
off our colorful menu or custom-made “just the way” our customers love
it. Besides our house made, vegan-friendly, gluten and dairy-free Che,
we are also known for our incredibly friendly service. Bambu Desserts & Drinks is not just
the next generation in a continuing waive of Asian-influenced drink
shops. Bambu Desserts & Drinks is here to stay.
Bambu Franchising, LLC is offering
passionate entrepreneurs the opportunity to open one or more Bambu Desserts & Drinks
Shoppes using Bambu’s valuable intellectual property including our
brand, proprietary recipes, and unique processes. Our franchise model
recommends, but does not dictate, the way you run your business except
as it relates maximizing your workflow and protecting the Bambu brand,
recipes and quality of our drinks. We also believe your financial
information is between you and your financial professional, so we charge
no fees based on a percentage of your revenue. This creates a friendly
relationship between us, the franchisor, and you, the franchisee.
The total investment necessary to begin operation of a Bambu Desserts & Drinks franchise
ranges from $141,500 to $304,200. This includes $47,000 that must be
paid to the franchisor or affiliates. The franchisor may offer to
qualified candidates the right to develop multiple Bambu Desserts & Drinks shoppes under
the terms of a Multi-Unit Development Agreement, in which case the total
investment stated above will increase by an amount equal to an initial
$15,000 times the number of additional Bambu Desserts & Drinks shoppes to be developed
under the Multi-Unit Development Agreement, which amounts are paid to
the franchisor. A franchisee entering into a Multi-Unit Development
Agreement must purchase its first Bambu Desserts & Drinks franchise at the time it enters
into the Multi-Unit