- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$218K - $385K
- Units as of 2015
-
496
Company Overview
About Menchie's
| Industry | Food |
|---|---|
| Related Categories | Frozen Yogurt, Ice Cream |
| Founded | 2007 |
| Leadership | Amit Kleinberger, CEO |
| Corporate Address |
17555 Ventura Blvd., #200 Encino, CA 91316 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2008 (16 years) |
|---|---|
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 496 (as of 2015) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Menchie's franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$40,000 |
|---|---|
|
Initial Investment
|
$218,325 - $385,158 |
|
Net Worth Requirement
|
$300,000 |
|
Cash Requirement
|
$120,000 |
|
Veteran Incentives
|
$10,000 off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Menchie's has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
|---|
Operations
Additional details about running this franchise.
|
Can this franchise be run from home/mobile unit?
|
No |
|---|---|
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Menchie's landed on this year's Franchise 500 Ranking versus previous years.
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