Pinkberry
Frozen yogurt, frozen-yogurt shakes, Greek-yogurt smoothies

About
Founded

2005

Franchising Since

2006 (14 Years)

Corporate Address

9311 E. Via De Ventura
Scottsdale, AZ 85258

Leadership

Eric Lefebvre, CEO

Parent Company

MTY Franchising USA Inc.

Ticker Symbol

KAHL

Financial Requirements
Initial Investment

$295,440 - $508,050

Net-worth Requirement

$250,000

Liquid Cash Requirement

$127,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $35,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Pinkberry has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

80 hours

Classroom Training:

40 hours

Number of Employees Required to Run:

5 - 15

Bio
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.
Cost
Initial Investment: Low - $295,440 High - $508,050
Units
-9.7%-10 UNITS (1 Year) -23.8%-29 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

Franchise Articles

Busting the Myths of Franchising

It's important to balance challenges with something personally meaningful.

Franchises: An Accessible and Successful Investment Model in Mexico

In the country franchises of all kinds are obtained, from restaurants, gas stations, gyms, to courier services. And as a whole, they have a relevant weight in the national economy.

Why Most Ghost Kitchens Will Fail in 2021

Ghost kitchens exploded in popularity this year, but are they a house of cards?

6 Ways Being in a Franchise System Helped Me Survive Covid-19

Here's how franchise systems are built to handle pivots and pressure.

10-Step Roadmap to Franchising Success

Here's what a business owner should consider when looking to turn their existing business into a franchise opportunity.

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: October 5th, 2020