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TCBY

At a Glance

Products & Services: Frozen yogurt

Number of Locations: 618

Total Investment: $143.8K - 343.4K

Founded: 1981

Began Franchising: 1982

Private Owned

About TCBY

TCBY Enterprises Inc. was founded in 1981 by Frank Hickingbotham. Hickingbotham got the idea after he tried frozen yogurt for the first time, exclaiming, "This can't be yogurt!" The initials of that outburst became the name of the company. Now renamed to stand for "The Country's Best Yogurt," TCBY has locations across the United States and in more than 60 countries.

Franchise Units

Year U.S. Canadian International Company Owned
2010 438 -- 178 2
2009 435 -- 180 0
2008 536 -- 202 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, United States, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming.
Franchisor is seeking new units in World Wide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $143,800 - $343,400
Franchise Fee: $19,900
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $100,000
Operations
5% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 11 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Ad slicks, Regional advertising,

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