Not Ranked
Initial Investment
LOW: $218,325
HIGH: $385,158
Change in Units
+7.9% +39 UNITS (1 Year)
+25.6% +127 UNITS (3 Years)
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Promoted Opportunities
Company Profile
Founded
2007
Franchising Since
2008 (8 Years)
Corporate Address
17555 Ventura Blvd., #200 Encino, CA 91316
CEO
Amit Kleinberger
About Menchie's
Menchie's shops offer self-serve frozen yogurt in 100 rotating flavors, including low carb, no sugar added, dairy free, nonfat, gluten free, and kosher options. Founders Danna and Adam Caldwell came up with the company's name from the nickname Adam gave when they were dating. They opened their first store in Los Angeles in 2007, and began franchising a year later.
Financials
Financial Requirements
Initial Investment
$218,325 - $385,158
Net-worth Requirement
$300,000
Liquid Cash Requirement
$120,000
Ongoing Fees
Initial Franchise Fee
$40,000
Ongoing Royalty Fee
6%
Ad Royalty Fee
2%
Financing Options
Menchie's has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
Veteran Incentives
$10,000 off franchise fee
Franchise 500® Rank History
Highest Rank: 111
Lowest Rank: 253
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 4th, 2016
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