| ||||
Updated RecentlySweetDuet vs Yogurt Lab Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SweetDuet vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $104,250 - $405,000 | $313,500 - $557,000 |
| Franchise Fee | $25,000 | $35,000 |
| Royalty Fee | 5% | 6% of Gross Revenues |
| Advertising Fee | 3% | 1% local |
| Year Founded | - | 2011 |
| Year Franchised | - | 2013 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| 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:
| 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 | 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 | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About SweetDuet
SweetDuet Frozen Yogurt & Muffins, as its name implies, is a fusion concept, pairing self-serve frozen yogurt with our exclusive line of My Favorite Muffin gourmet muffins, broadening the shop's offering and therefore differentiating itself from the numerous frozen yogurt outlets already populating the market.
SweetDuet Frozen Yogurt & Muffins shops will also include Brewster's Coffee and a streamlined breakfast menu. Franchisees will have the added benefits of opportunities for outside muffin sales as well as muffin gift-baskets.
The total initial investment necessary to begin operation of your first
BAB Production Store ranges from $298,000 - $405,000, including $32,500
you must pay the franchisor or its affiliates.
The total initial
investment necessary to begin operation of your first BAB Satellite
Store ranges from $104,250 - $283,000, including $18,000 you must pay
the franchisor or its affiliates.
The total investment necessary to begin operation of your franchised BAB Area Development business is from $45,000 to $205,000, all of which you must pay the franchisor. That investment is in addition to the initial investment for your BAB Store. Under the Area Development Agreement, you must open a minimum of 2 BAB Stores.
The total investment necessary to begin operation of your franchised BAB Area Development business is from $45,000 to $205,000, all of which you must pay the franchisor. That investment is in addition to the initial investment for your BAB Store. Under the Area Development Agreement, you must open a minimum of 2 BAB Stores.
About Yogurt Lab
Yogurt Lab features fresh-made premium frozen yogurt coupled with quality toppings and an unmatched customer experience compared to other ordinary, everyday frozen yogurt shops. How? We make all of our delicious flavors fresh in our stores daily. We’ve also built a powerful formula for success with a premium brand that offers a healthy dessert, snack alternative, and even a meal replacement (have you tried Greek Yogurt w/fresh fruit, honey granola and oatmeal flakes?) Yogurt Lab has become the ideal gathering place for families, friends, and even for business. And, Yogurt Lab has proven its success in the Twin Cities, one of the nation’s coldest metropolitan markets.