|
Below is an in-depth analysis and side-by-side comparison of FroyoWorld vs SweetDuet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,000 - $340,000 | $104,250 - $405,000 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 3% |
Year Founded | 2010 | - |
Year Franchised | 2010 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | Our Training Sets Your Business Apart!
Our goal is to help you achieve excellence in every aspect of your business. Towards that ambitious goal, you and your key personnel will receive intensive training that covers all areas of the operation. Our training program, comprised of hands-on learning in our company-owned location and classroom instruction includes:
|
Support | The FroyoWorld Development Team includes professionals with multi-unit restaurants business expertise who can be great resources and consultants to your business. From start to finish, our team will be with you all the way, assisting you in every aspect of opening your very own FroyoWorld. | Our Support Sets Your Business Apart!
As a franchisor, BAB Systems, Inc. has always focused heavily on the level of support it provides to its franchisees and the importance of open lines of communication to foster strong franchisee relationships. Franchisees know they can count on us to watch our position within the industry and do what it takes to keep up with ever-changing consumer preferences and innovations in franchise support.
Of course, since the first franchise, technological advancements have changed the face of franchising. Accordingly, as its product offering has evolved, so has its franchise support program, which now includes an exclusive franchise intranet web site.
As a BAB Systems, Inc. franchisee, you'll receive guidance and assistance with the key steps involved in getting your new business up and running. Pre-opening support includes:
|
Marketing | The FroyoWorld Development Team will support you with all the necessary tools needed to market your FroyoWorld store. We're here to help our franchisees with social media, advertising, graphic design, and more that they can use to get the word out about their location in their community. | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
In the summer of 2010, FroyoWorld opened its first Frozen Yogurt Lounge on the Yale University campus in the town of New Haven, Connecticut. With our award winning Original Tart froyo recipe in hand, we introduced the self-serve frozen yogurt in Connecticut. We had overwhelming support for our product from the community, so we opened a few more stores, and then we opened a few more after that. Finally, we became a franchise so that entrepreneurs and business folks could bring the success we've built to their area. In less than a year, we had gone from a start-up to a successful franchising business. We now have nearly 40 locations open in New England and Puerto Rico, over 100 flavors that rotate in every store, and tons of amazing toppings and frozen yogurt treats. Become a part of FroyoWorld's international brand as we expand to markets all over the globe. Our brand continues to grow because of our exceptional tasting yogurt and great customer service that is associated with the FroyoWorld brand. Yo This, Yo That, Kiwi This, Cherry That, Orange, Pink, Red or Blue � don't be fooled. FroyoWorld is the brand for you. The FroyoWorld Development Team has established global contacts and nurtured valuable relationships with distributors and vendors. This allows us to purchase goods internationally, in bulk, and at discounted rates. We then pass these discounts on to our FroyoWorld Franchisees.