Sloan's Ice Cream vs Menchie's Frozen Yogurt, USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sloan's Ice Cream vs Menchie's Frozen Yogurt, USA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Sloan's Ice Cream Franchise
Menchie's Frozen Yogurt, USA Franchise
Investment $587,952 - $896,600$218,325 - $385,158
Franchise Fee $40,000$25,000 - $40,000
Royalty Fee 6%6%
Advertising Fee 1% Nat'l-
Year Founded 1999-
Year Franchised 1999-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Sloan's Ice Cream Franchise
Menchie's Frozen Yogurt, USA Franchise
Experience --

Financing Options

 
Sloan's Ice Cream Franchise
Menchie's Frozen Yogurt, USA Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Sloan's Ice Cream Franchise
Menchie's Frozen Yogurt, USA Franchise
Training The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job training.-
Support --
Marketing --
Operations --

Expansion Plans

 
Sloan's Ice Cream Franchise
Menchie's Frozen Yogurt, USA Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion --

Company Overviews

About Sloan's Ice Cream

Since opening our first store in 1999, Sloan's has become an icon of Southern Florida for great ice cream and great fun. Our unmistakable look, terrific service and unforgettable ice cream have become a tourist attraction and a hot spot for local residents. While we think we have the greatest ice cream on the planet, what really differentiates Sloan's is the brand and systems that we have created to replicate the memorable experiences for all of our customers. Sloan's has been the recipient of numerous awards for best luxury ice cream. We are a family business and our franchisees can also be family businesses. Sloan Kamenstein created Sloan's out of a love of fine foods and sweets. As an accomplished chef and entrepreneur, Sloan still leads the company and is heavily involved in innovation, product development and growth. Sloan's builds its customer following by providing what we believe to be the best service, best product and best atmosphere. Each store is impeccably designed to create an emotional response for kids and adults and keep them coming back. Becoming a Sloan's franchisee gives you access to our brand, systems, training and support as you own and operate your very own Sloan's ice cream and candy store. You get:
*Sloan's logos, signage, designs and operational systems
*Buying power through our suppliers *Site selection and build out assistance
*Extensive training in Florida at our headquarters and in our stores
*On-site assistance just prior and during the opening of your location
*An in-depth operations manual for every aspect of store ownership
*Marketing materials and marketing assistance
*Ongoing support site visits from Sloan's staff
*Unlimited access to our team via phone and email
We are dedicated to the personal and professional growth of our franchisees. The opportunity to own your own business without being alone has never been sweeter.

About Menchie's Frozen Yogurt, USA

Menchie's is a fast-growing chain of frozen yogurt shops that provides customers the opportunity to create their own custom combinations. With a self-serve design, Menchie's offers more than 100 unique rotating flavors and more than 60 rotating toppings at each location. Servings are paid by the ounce so customers are only paying for what they want. Already a favorite spot among Hollywood's hottest celebrities such as Taylor Swift, Jennifer Lopez, and Justin Timberlake, and families across the country, Menchie's upbeat environment and endless selections makes it appealing for everyone. Menchie's has more than 35 locations open in 11 states, with an additional 45 currently in development, and is poised to total more than 120 locations throughout the country by the end of the year. Major Market Territories are still available and we encourage you to inquire about opportunities in your own community. Our aggressive expansion plans will focus on key domestic and international opportunities. We currently are offering Area Developer, Multi-Unit and Single Unit opportunities to qualified candidates. To learn more about our available markets and the benefits of Menchie's franchise ownership and for more information visit www.menchies.com. We're looking for entrepreneurs to share our vision.

If you sign an Area Development Agreement, you must pay the franchisor a Development Fee equal to $96,000 if you are going to open 3 Stores and $125,000 if you are planning to open 5 Stores.