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Below is an in-depth analysis and side-by-side comparison of Herrell's vs Sweet Monkey Frozen Yogurt & Cupcakes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $251,000 - $367,000 | N/A |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1973 | - |
Year Franchised | 1980 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | What we expect from a franchisee * A belief in the Herrell's Ice Cream product and system * Owner operation and interest in their community * Respect for employees * Franchisor respect and communication * Customer service that exceeds the norm (win that customer back every time they come into your store) * Cleanliness and neatness * Desire to succeed in one's own business | - |
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 | During your training you will receive detailed instructions as well as hands-on experience making our award-winning ice cream, including thorough familiarization with all equipment. | - |
Support | Since the proof of the ice cream is in the eating, Herrell's Ice Cream will provide you with our absolutely best tasting, richest and creamiest ice cream recipes which have been perfected applying years of experience. How and where to order your inventory of perishable ingredients and supplies is crucial. During your pre-opening days in preparation for your opening, our staff will assist you in contacting various suppliers and in placing your initial orders. Once you are in operation, a member of the franchise staff will visit you on a regular basis. Areas such as ice cream making, daily operations, expense analysis, staff evaluation and promotional ideas can be discussed. The Herrell's Ice Cream and Herrell's Development staff is very supportive and is always only a phone call or e-mail away. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
The Sweet Monkey Frozen Yogurt Franchise has been designed to maximize profitability and revenue opportunities through an efficient, unique and highly effective franchise system. It's no secret that the Frozen Yogurt industry has grown by leaps and bounds over the past five years. The world has fallen in love with the taste, health benefits and the concept of frozen yogurt shops. Sweet Monkey Frozen Yogurt takes that growing industry trend and captures the essence of whatFrozen Yogurt Franchise makes this incredulous growth so real. The Sweet Monkey Franchise concept was designed to deliver a fun, upbeat and younger-demographic focus. The concept was also aptly designed to cater to females, particularly ages 18 - 24. With this in mind, the store layout, theming and functionality all came together with a sole purpose, when a customer enters the store it should be a truly amazing experience for them each and every time they choose to purchase frozen yogurt. The Sweet Monkey Frozen Yogurt team didn't stop there. With the evolution of the business model, more products and varieties of options that include frozen yogurt were developed the differentiate from other Frozen Yogurt Franchises. This diversity of product offerings and development of new products positioned Sweet MoSweet Monkey Frozen Yogurt Franchisenkey uniquely in the Frozen Yogurt franchise segment to have several competitive advantages. Store design and store layout for the frozen yogurt franchise have been spared no expense in designing, building and identifying the key profit centers and customer retention tools needed within the location to maximize store revenue. The Sweet Monkey Franchise offers a complete training and support system. The franchise model has a proven and defined marketing program to develop a local market in as short of a time period as possible. The management team of Sweet Monkey brings a wide range of experiences, talent and understanding for many segments of the business including, store construction, menu design, product development, financial strategy and marketing expertise.