Boost Juice vs Let's Yo Yogurt Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Boost Juice vs Let's Yo Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Boost Juice Franchise
Let's Yo Yogurt Franchise
Investment $337,000 - $507,000$355,800 - $548,500
Franchise Fee $41,000$45,000
Royalty Fee 8%6%
Advertising Fee 3%-
Year Founded 20002011
Year Franchised 20032011
Term Of Agreement 7 Years10 years
Term Of Agreement 7 Years10 years
Renewal Fee --


Business Experience Requirements

 
Boost Juice Franchise
Let's Yo Yogurt Franchise
Experience You must have a hunger for success, love the Boost Juice philosophy and have an unmatched enthusiasm for your business. This is all achievable without prior food or business ownership experience! A genuine appreciation for great customer service is also integral to growing as a successful franchise partner. We will supply you with all of the tools, systems and process to assist you in reaching your business aspirations.-

Financing Options

 
Boost Juice Franchise
Let's Yo Yogurt Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Boost Juice Franchise
Let's Yo Yogurt Franchise
Training We have a comprehensive training program in place for all new partners entering our network. The training programme is three weeks long and takes place in Melbourne. Our comprehensive training is inclusive of front and back of house operations. You will also be provided with support in your new store by the Learning & Development team in your first days of operation. You will feel confident to step into your new store understanding all facets of running that business after working closely with our dedicated Learning & Development team!

At our training facility our franchisees and managers learn how to successfully operate a Let's YO store. The training is an intensive series of onsite workshops, online courses and hands-on training. Attendees receive personalized, hands-on training from a dedicated team of Let's YO Education and Training specialists. Not only do our franchisees learn how to make our famous treats, they learn how to exceed guest service expectations and deliver quality guest service. The training facility also includes a fully-functioning Let's YO retail location with inside seating and service that is open to the public year round. The training facility is open to all Let's YO, and provides an excellent model of future Let's YO stores that features the latest design Let's YO features and key elements.

Support Boost Juice has a large network of professionals at the global support centre in Melbourne to assist our franchise partners. Our support teams cover areas such as Marketing, IT, Finance, Leasing, Product & Supply and Store Design just to name a few. You will also enjoy support from our dedicated team of operations professionals on the ground in each state to assist you with your day to day needs and to mentor you as a business owner.

Real Estate This is the beginning of your Site Search as a Let's YO franchisee. You will be teamed with a Let's YO Real Estate Manager who will work with you to determine the best possible location for your new store. Your Real Estate Manager is designated to your area and will visit your site, research Demographics, market characteristics, and analyze the proposed location to determine that your site can be submitted to Let's YO Site Approval Committee. Our Committee meets weekly in order to determine the most viable location for your Let's YO store. We will also assist you with your negotiations, Rental Offer/Letter of Intent (LOI), and Lease Agreement signing. By utilizing local brokers, defining the intentions between the landlord and the tenant, outlining the basic provisions of your lease, and reviewing any contingencies. Let's YO supports you through the Real Estate process. We are committed to identifying the best opportunity for you in your area of development. With your partnership we will continue our strategy for expansion and to build the Let's YO franchise brand! Construction During this next step, a Project Manager from Let's YO Construction Team will work closely with you. Our Project Managers handle every property from the time the site is identified to the time that the store opens. We provide support during the design and permitting phase prior to the start of construction, and we manage Contractors and Vendors while holding everyone involved in the process to Let's YO standards. Our experienced Construction Team has experience in working with all types of Real Estate from Free Standing, to Strip Centers, to renovated buildings. Your Project Manager will provide you with Let's YO approved floor plan, cost estimate, scope of work, and your equipment list. Let's YO Construction Team is here to ensure this process runs smoothly and efficiently while adhering to the Let’s YO Franchise System standards. Operations Support Dedicated field staff will visit your store to help strategize, build and execute your plan on a local level. Our operations team includes a number of professionals with wide-ranging food service expertise who function as your business consultant. These experts can assist with everything from sharing best practices, hitting P&L goals, engaging your team members, customer service, human resources, understanding trade areas and local store marketing. New Store Opening Support Through every aspect of the exciting but challenging opening process, the Let's YO team will assure that your store's opening is truly grand.

Marketing -

We fully support you with strong marketing and advertising programs, along with a complete package of communication and brand tools. Working from a solid brand and sales growth strategy, our team of marketing veterans will develop and manage all system wide tactics as well as assist you with specific ways to promote your store locally.

Operations At Boost, we believe that the most successful franchises are those which are run by the actual owner of the store. We also believe that the best head-start you can give your business is to commit yourself to it so as you can fully understand every aspect of the operation. It is important to Boost that you want to pursue an active involvement in the franchise and do not want to obtain the franchise purely as an investment opportunity. For these reasons, Boost franchisees are required to work in-store for the first 6 months of operation full time, and 20 hours per week thereafter. Boost does not encourage partnerships. We believe the best company structures are those made up of either single applicants, spouses or siblings. There are no horror stories where things have gone wrong that have led us to feel this way - it's just that we like to take preventative measures.-

Expansion Plans

 
Boost Juice Franchise
Let's Yo Yogurt Franchise
US Expansion -Yes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Boost Juice

The Juiciest Brand In Australia!
Boost has become the largest juice and smoothie bar in the southern hemisphere largely due to our franchising and international partnership strategy we believe that we are yet to meet the many more prospective Boost Partners either within Australia or overseas. We receive hundreds of franchise enquiries each week from all over Australia and throughout the world and we will continue our commitment to sourcing and selecting the best Partners we believe exist! As the Founder of Boost Juice, Janine Allis says, "The Boost Partners are dynamic, inspirational people who have fresh ideas and new energy. We recruit like-minded people who share our enthusiasm and energy and believe that for Boost Juice to be successful, everyone involved must share the passion and the rewards".

 Since 2000 we have opened over 185 company-owned and franchised stores throughout Australia and in 2004 we opened our first store overseas in Auckland, NZ. We are so excited about our international expansion and have no plans of slowing down either within Australia or off-shore. Many people join the Boost family because they want a business they can feel totally passionate about, give 100% to while also reflecting their own personality. Being part of Boost is being part of a fantastic network of like-minded franchisees where the support centre staff really care about what they do and constantly strive to improve the brand for it's partners and customers. And what an amazing brand it is. Boost is a business that will challenge you. It is fast-paced and exciting, but if you are prepared to give 100% and strive to be the best you can be, then it will give back everything you put in, and then some. You will be amazed at what you can achieve. And your dedicated Franchise Business Consultant is there for you every step of the way to help and guide you, as well as fellow franchisees who are always too ready to assist in any way they can.
Every day is different, and you are in charge of your own destiny which is extremely fulfilling.

Master Franchisees will need a minimum net worth of $US2 million and liquidity of at least $US1million in order to be considered.

About Let's Yo Yogurt

Irresistible delectable treats is just one component of the Let's YO yogurt experience. The Let's YO brand has been carefully developed to appeal to health conscious and trend-forward customers with active lifestyles. We're developing a strong brand loyalty among our growing guest base through interactive marketing programs and social media outreach. The hip, energetic and socially connected store environment adds yet another dimension to Let's YO's distinctiveness among traditional yogurt stores. Its time to join a real growth opportunity! Let's YO is quickly establishing itself as one of fastest growing new franchise brands in the Fro-Yo industry and has a plan for success that includes expanding this hot new brand nationwide! The simple operation of this rapidly growing product category and relatively low investment, allows you to be an investor inside your store, not an operator. With territories now open for expansion throughout the U.S. the timing has never been better to invest in a Let's YO yogurt franchise! If you are interested in taking the next step to find out if a Let's Yo Yogurt franchise could work for you, please fill in the form below.