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Below is an in-depth analysis and side-by-side comparison of FroyoWorld vs Handel's Homemade Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 - $340,000 | $234,500 - $814,500 |
Franchise Fee | $15,000 | $50,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 2010 | 1945 |
Year Franchised | 2010 | 1989 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000. |
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 | - | On-The-Job Training: 120 hours Classroom Training: 4 hours |
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. | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
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. | Ad Templates Social media Website development Email marketing |
Operations | - | Number of Employees Required to Run: 25 |
Expansion Plans |
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US Expansion | Yes | 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.