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Below is an in-depth analysis and side-by-side comparison of I Can't Believe It's Yogurt vs Tropicana Smoothies Juices & More! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $110,000 - $203,000 | $175,000 - $225,000 |
Franchise Fee | $15,000 | $75,000 |
Royalty Fee | 0 | 6% |
Advertising Fee | 2.3% | 1% |
Year Founded | 1977 | 1949 |
Year Franchised | 1983 | 2004 |
Term Of Agreement | 10 years +10 | 10 yeaqrs +10 |
Term Of Agreement | 10 years +10 | 10 yeaqrs +10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
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.
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.