Next
385/500
Back

Let's Yo!

2014 Franchise 500
#385
At a Glance

Products & Services: Self-serve frozen yogurt

Number of Locations: 27

Total Investment: $355.8K - $548.5K

Founded: 2011

Began Franchising: 2011

About Let's Yo!

Started in 2011 by Eric Casaburi, who also founded fitness franchise Retro Fitness, Let's Yo! offers customers self-serve frozen yogurt and toppings, as well as coffee drinks and a selection of cereals. Stores feature flat-screen TVs on the walls and iPads embedded into the furnishings.

Franchise Units

Year U.S. Canadian International Company Owned
2014 27 0 0 0
2013 28 0 0 0
2012 16 0 0 0
2011 2 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $355,800 - $548,500
Franchise Fee: $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $150,000
Operations
80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 10. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1-2 weeks. At franchisee's location: ongoing.
Ongoing Support: Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #385 (2014),
Top New: #33 (2014),

Franchise Search

Looking to Start a Business?

Edible Arrangements has opportunities available today.

Request Information

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

Franchise Expo South - February 5-7, 2015

From the Entrepreneur Bookstore

Franchise Bible, 7th Edition
Franchise Bible, 7th Edition
By Erwin J. Keup and Peter Keup
More Info