I Can't Believe It's Yogurt vs CherryBerry Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of I Can't Believe It's Yogurt vs CherryBerry including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
I Can't Believe It's Yogurt Franchise
CherryBerry Franchise
Investment $110,000 - $203,000$360,000 - $466,000
Franchise Fee $15,000$25,000
Royalty Fee 0-
Advertising Fee 2.3%-
Year Founded 19772008
Year Franchised 19832008
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements

 
I Can't Believe It's Yogurt Franchise
CherryBerry Franchise
Experience --

Financing Options

 
I Can't Believe It's Yogurt Franchise
CherryBerry Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
I Can't Believe It's Yogurt Franchise
CherryBerry Franchise
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

 
I Can't Believe It's Yogurt Franchise
CherryBerry Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About I Can't Believe It's Yogurt

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.


Read more: https://www.referenceforbusiness.com/history2/8/CoolBrands-International-Inc.html#ixzz6sXAAkdGS
Traditional Franchises: We are actively looking for single store franchisees in over 20 countries. Development Agreements: On a selective basis, we enter into Master Franchise exclusive development agreement with companies who are interested in bringing the I Can't Believe It's Yogurt experience to new markets. We are actively looking for master franchisees for any country worldwide and most States in the USA.
 
I Can't Believe It's Yogurt is committed to developing innovative new products prompting customers to return again and again - keeping I Can't Believe It's Yogurt ahead of the competition, constantly refreshing the business with new flavors.

About CherryBerry

"Home"

Establishing a small business on your own can be tough. This is why many choose to go with an established brand. At CherryBerry, we have an incredible culture that focuses on our franchisees’ success. Riding on several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory, we have developed a system that will help you jump-start your business and provide you with a competitive advantage in your market. As a franchisee, you will have access to all of our support systems and expertise as well as our trade secrets and unique strategies.
Our constant efforts and economies of scale help keep product costs low and consistent product available. Additionally, you will benefit from CherryBerry's brand recognition and the integrity of the CherryBerry name.
Frozen yogurt sells well in warmer months while chocolate sells well in cooler months. Through a special arrangement with our parent company, Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
CherryBerry’s premium and top-quality distinctive flavors are developed by some of the most knowledgeable yogurt innovators in the industry. Our product is certified to contain live and active cultures to promote good health, plus its creamy texture, original flavors and extensive toppings have been praised by the masses as the best tasting and highest quality frozen yogurt available. The CherryBerry name assures your customers that they can expect the same great quality frozen yogurt time after time.
We provide you with an excellent business model which includes all the necessary training and assistance you’ll need to create a thriving business. Our staff includes experts in real estate, construction, training, operations and marketing.