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Below is an in-depth analysis and side-by-side comparison of Zoyo Yogurt vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,200 - $315,000 | $313,500 - $557,000 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | 6% | 6% of Gross Revenues |
Advertising Fee | 2% | 1% local |
Year Founded | - | 2011 |
Year Franchised | - | 2013 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Be financially qualified *Wants a food business without food business challenges *Business experience in management, sales or operations *Frozen Yogurt industry experience is helpful but not necessary *Follow a Proven System *Few employees *Desire to be involved in the Community | - |
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 | Training will cover various pre-opening, start-up and operating issues *In-office training *Operational management training *Quality assurance procedures *Comprehensive operational guides and documentation | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
Support | *Site selection assistance *Lease negotiation *Facilities design *Insurance selection *Hiring assistance *Advertising & marketing best practices Zoyo Neighborhood Yogurt's support doesn't end when you open your store location. Our Team is available to assist you whenever you need guidance. Zoyo is always available to guide and support you along the way. Your success is our success! | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
The Zoyo Neighborhood Yogurt franchise is an award winning business, being named “The Best Frozen Yogurt” for two years running! Zoyo Franchisee Advantages *Lower franchise investment *Inviting atmosphere *Community involvement *Proprietary flavors *Fresh, live - culture-added "froyo" product *Initial training and ongoing franchisee support *Unparalleled customer service and quality guarantee *Higher "normal" income potential for franchisees *Ground floor expansion opportunities *Single, multi-unit, area and regional development opportunities available *Registered in all states except... New York, Maryland, Kentucky, North Dakota and Hawaii