|
Below is an in-depth analysis and side-by-side comparison of La Paloma vs I Can't Believe It's Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $326,000 - $535,000 | $110,000 - $203,000 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 5% | 0 |
Advertising Fee | - | 2.3% |
Year Founded | 1967 | 1977 |
Year Franchised | 2004 | 1983 |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | 1. Corporate Headquarters 10 Days 2. Store 1 Week |
Support | - | - |
Marketing | - | - |
Operations | - | Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | Yes |
Established in 1967, La Paloma is the most authentic Italian dessert experience. Over 50 years developing countless proprietary recipes, La Paloma is now franchising. "The ART of Italian Artisan Ice Cream". Our turnkey "Gelato Cafe" concept features over 40 flavours in-store to offer a taste of Italy that is unequalled.
Through nearly 5,000 franchises, CoolBrands International Inc., formerly known as Yogen Fruz World-Wide, Inc. sells frozen yogurt and ice cream, including I Can't Believe It's Yogurt, in Canada, the United States, and 80 other countries worldwide.