Yogurmet Franchising LLC

At a Glance

Products & Services: Frozen yogurt

Number of Locations: 7

Total Investment: $258K - $258K

Founded: 2010

Began Franchising: 2011

Franchise Units

Year U.S. Canadian International Company Owned
2013 4 0 3 0
Where Seeking Franchisees: Franchisor is seeking new units internationally.

Startup Costs, Ongoing Fees and Financing

Total Investment: $258,020
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000 - $350,000
Liquid Cash Available: $300,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6. Absentee ownership of franchise is NOT allowed. (85% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,