Yogurt Lab vs Handel's Homemade Ice Cream Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Yogurt Lab 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
 
Yogurt Lab Franchise
Handel's Homemade Ice Cream Franchise
Investment $313,500 - $557,000$234,500 - $814,500
Franchise Fee $35,000$50,000
Royalty Fee 6% of Gross Revenues6%
Advertising Fee 1% local-
Year Founded 20111945
Year Franchised 20131989
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Yogurt Lab Franchise
Handel's Homemade Ice Cream Franchise
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
 
Yogurt Lab Franchise
Handel's Homemade Ice Cream Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Yogurt Lab Franchise
Handel's Homemade Ice Cream Franchise
Training

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

On-The-Job Training: 120 hours Classroom Training: 4 hours
Support -Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing -Ad Templates Social media Website development Email marketing
Operations -Number of Employees Required to Run: 25

Expansion Plans
 
Yogurt Lab Franchise
Handel's Homemade Ice Cream Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About Handel's Homemade Ice Cream

"Handels

Handel's Homemade Ice Cream & Yogurt is a popular ice cream company franchise founded by Alice Handel in 1945 in Youngstown, Ohio. As of 2020, the company was operating 50 corporate and franchise stores in nine states. Today, it is owned by Leonard Fisher and maintains a corporate headquarters in Canfield, Ohio.

The total investment necessary to begin operation of a Handel’s Franchise ranges from $234,500 to $714,500. This includes between $170,000 and $230,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.

"Entrepreneur
#385 in Franchise 500 for 2020.