Let's Yo Yogurt Corp.
At a Glance
Products & Services: Self-serve frozen yogurt
Number of Locations: 16
Total Investment: $342.71K - 533.5K
Founded: 2011
Began Franchising: 2011
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 16 | 0 | 0 | 0 |
| 2011 | 2 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $342,706 - $533,500
Franchise Fee: $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $600,000
Liquid Cash Available: $100,000
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).| Financing Type | In-House | Third Party |
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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,
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