| ||||
Updated RecentlysweetFrog vs CherryBerry Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of sweetFrog vs CherryBerry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $95,600 - $477,500 | $360,000 - $466,000 |
| Franchise Fee | $15,000 - $30,000 | $25,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 1.5% | - |
| Year Founded | 2009 | 2008 |
| Year Franchised | 2012 | 2008 |
| 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
||
| Training | On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). | - |
Expansion Plans |
||
| US Expansion | No | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About sweetFrog
Shortly after moving to Richmond, Virginia, in 2009, Derek Cha brought the West-Coast frozen yogurt trend to his new home by opening the first sweetFrog store. In addition to a variety of frozen yogurt flavors and toppings, sweetFrog locations offer waffle cones and bowls, Belgian waffles, banana splits and parfaits.
The total investment necessary to begin operation of a sweetFrog Shop is
$231,500 - $477,500 for a Shop in Traditional Venue, $95,600 - $304,000
for a Kiosk Shop or Standard Floor Plan Shop in Non-Traditional Venue
and $122,400 - $219,300 for a Truck.
#23 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe
Veteran Incentives 25% off franchise fee (50% off in May and November)
About CherryBerry
!["Home"]("http://www.cherryberryyogurtbar.com/sites/default/files/logo.gif"){kind=logo}
Establishing a small business on your own can be tough. This is why
many choose to go with an established brand. At CherryBerry, we have an
incredible culture that focuses on our franchisees’ success. Riding on
several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory,
we have developed a system that will help you jump-start your business
and provide you with a competitive advantage in your market. As a
franchisee, you will have access to all of our support systems and
expertise as well as our trade secrets and unique strategies.
Our constant efforts and economies of scale help keep product costs
low and consistent product available. Additionally, you will benefit
from CherryBerry's brand recognition and the integrity of
the CherryBerry name.
Frozen yogurt sells well in warmer months while chocolate sells well
in cooler months. Through a special arrangement with our parent company,
Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
CherryBerry’s premium and top-quality distinctive flavors are
developed by some of the most knowledgeable yogurt innovators in the
industry. Our product is certified to contain live and active cultures
to promote good health, plus its creamy texture, original flavors and
extensive toppings have been praised by the masses as the best tasting
and highest quality frozen yogurt available. The CherryBerry name
assures your customers that they can expect the same great quality
frozen yogurt time after time.
We provide you with an excellent business model which includes all
the necessary training and assistance you’ll need to create a thriving
business. Our staff includes experts in real estate, construction,
training, operations and marketing.