|
Below is an in-depth analysis and side-by-side comparison of I Can't Believe It's Yogurt vs Forever Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $110,000 - $203,000 | $240,000 - $478,450 |
Franchise Fee | $15,000 | $40,000 |
Royalty Fee | 0 | 6% |
Advertising Fee | 2.3% | 2% |
Year Founded | 1977 | 2010 |
Year Franchised | 1983 | 2012 |
Term Of Agreement | 10 years +10 | 10 years |
Term Of Agreement | 10 years +10 | 10 years |
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 | Hands-on training at our corporate office, become a froyo expert. On-The-Job Training: 1-3 days Classroom Training: 1-2 weeks |
Support | - | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising |
Operations | Average Number of Employees: 2 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged | Absentee Ownership Allowed |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | 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.
Forever Yogurt is growing! This young and fun company is an award-winning, leading brand in the industry. With high grossing stores and low overhead, don't miss out on franchising in the US or internationally with Forever Yogurt. We are currently seeking national and international multi-unit owners with exclusive territory rights, and single-unit franchise owners.