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Pinkberry Ventures Inc.

2014 Franchise 500
#251
At a Glance

Products & Services: Frozen yogurt, frozen yogurt shakes, Greek yogurt smoothies

Number of Locations: 254

Total Investment: $311.3K - $615.8K

Founded: 2005

Began Franchising: 2006

About Pinkberry Ventures Inc.

The first Pinkberry opened in West Hollywood in 2005, and the company began franchising the next year, expanding primarily in Southern California and New York at first. Pinkberry now has locations throughout the country and around the world, serving both frozen and fresh Greek yogurts with a variety of toppings, along with yogurt smoothies and shakes.

Franchise Units

Year U.S. Canadian International Company Owned
2014 143 5 90 16
2013 130 4 80 20
2012 127 4 73 21
2011 103 2 42 21
2010 79 0 9 18
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Mexico, South America.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $311,292 - $615,795
Franchise Fee: $35,000 - $45,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: Varies, renewable
Financial Requirements
Net Worth: $400,000
Liquid Cash Available: $200,000
Operations
90% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5 - 15. Absentee ownership of franchise is NOT allowed..
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: 3 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Regional advertising,

Franchise Ranking History

Franchise 500®: #251 (2014),

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