TCBY and Mrs. Fields

TCBY and Mrs. Fields

Frozen yogurt, cookies
Find out what franchise is right for you
Units as of 2014
839 Previous years N/A
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$200K - $492K

Company Overview

About TCBY and Mrs. Fields

Industry
Food
Related Categories
Frozen Yogurt, Cookies
Founded
1977
Leadership
Joyce Hrinya, CEO

Franchising Overview

Franchising Since
1982 (39 years)
# of employees at HQ
50
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
839 (as of 2014)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
8001 Arista Pl., #600
Broomfield, CO 80021

Information for Franchisees

Here’s what you need to know if you’re interested in opening a TCBY and Mrs. Fields 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
$25,000 - $35,000
Initial Investment
$200,000 - $492,152
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Veteran Incentives
Franchise fee waived
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
TCBY and Mrs. Fields has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
2 weeks
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where TCBY and Mrs. Fields landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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