Menchie's Frozen Yogurt, USA vs Kona Ice Franchise Comparison

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

Start-Up Costs and Fees
 
Menchie's Frozen Yogurt, USA Franchise
Kona Ice Franchise
Investment $218,325 - $385,158$145,600 - $169,200
Franchise Fee $25,000 - $40,000$15,000
Royalty Fee 6%$3K-$4K/yr.
Advertising Fee -$500/yr.
Year Founded -2007
Year Franchised -2008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Menchie's Frozen Yogurt, USA Franchise
Kona Ice Franchise
Experience -Liquid Cash Requirement: $20,000 - $40,000

Financing Options
 
Menchie's Frozen Yogurt, USA Franchise
Kona Ice Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/No
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Menchie's Frozen Yogurt, USA Franchise
Kona Ice Franchise
Training -

KONA KOLLEGE Your Kona Ice journey begins with an all expense paid trip to the training program at the Kona Corporate Headquarters. You'll gain firsthand knowledge in the following: - Marketing strategies from our corporate marketing team & veteran franchisees - Day-to-day operations from one of the largest franchises, which is housed at corporate - Meet your support staff - Initial setup of your business & social media marketing - No holds barred Q&A with the owner & CEO, Tony Lamb On-The-Job Training: 16-20 hours

Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing -Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
Menchie's Frozen Yogurt, USA Franchise
Kona Ice Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion -Yes

Company Overviews

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.

About Kona Ice

We have a question for you. What decides the achievement of an establishment? Is it luck? Happenstance? Why was Kona Ice positioned #1 New Franchise in Entrepreneur Magazine alternately considerably more vitally, Highest in Franchisee Satisfaction by TWO separate organizations? We think we may know why. Not each thought is establishment commendable. Not everybody can offer the support. So why are a few ideas right away effective and others simply aren't?

Here at Kona Ice, we know why we've succeeded and achieved the position of the #1 New Franchise (Entrepreneur Magazine 2013), beat in Franchisee Satisfaction (Establishment Business Review and Franchise Update), and named one of the quickest developing establishments in the nation directly behind McDonald's (Entrepreneur Magazine).

We don't believe it's fortunes by any means. It's the blend of a new idea, solid corporate support with a dream, and a craving to improve the world as a place.

So you might be knee somewhere down in the diversifying procedure with huge amounts of inquiries, yet we have only one for you. Why not join Kona Ice?

5 REASONS WHY KONA ICE IS DIFFERENT

1 Fixed Royalty: No punishments for succeeding.
2 Extremely Quick Startup: We'll have you up and running in 30-60 days.
3 Incredibly Low Overhead: Approx. 6% nourishment cost in an industry with a normal of 32%.
4 Proprietary Nutritional Product: An item that must be found at Kona Ice that is meeting the greater part of the government nourishing gauges.
5 Community Involvement: With over $25 million given back, our groups have held onto us as the best gathering pledges instrument.

If it's not too much trouble Note: The administrators of Kona Ice, might not have checked the precision of the Franchise data contained inside this site. For precise forward data, financial specialists are unequivocally prescribed to visit the authority Kona Ice site.

Veteran Incentives  10% off franchise fee
   
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In Franchise Business Reviews Top 200.
#31 in Gator's Top franchises.
#60 in Franchise 500 for 2020.
#53 in Franchise 500 for 2021.