How Much Does a sweetFrog Franchise Cost? According to sweetFrog, the average cost to open a traditional new store buildout is $361,250, with an average range of $239,500 — $483,000. That may seem like a big price tag, but it’s competitive with other frozen yogurt franchises that make up the nearly $1 billion global market.
Full Answer
How many sweetFrog locations are there?
In June of 2009, sweetFrog began with just one location, operated by our founder, Derek Cha. Now, 350 sweetFrog locations are up and running in the U.S. and abroad! The credit for our expansion is due to enthusiastic entrepreneurs who have seen our proven concept and were ready to bring sweetFrog to their communities.
What is the sweetFrog training program?
Our training program takes place in Richmond, VA over a four day period where we will walk you through all aspects of operating a sweetFrog franchise.
Why sweetFrog frozen yogurt?
The answer is simple: through the highest quality product, a localized flair, and two loveable mascots, sweetFrog emanates a warm, family-friendly environment that communities across the nation are embracing. At sweetFrog, our business is premium frozen yogurt, but our passion is the human connection!
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How much did Sweet Frog sell for?
Canadian group purchases Richmond-based sweetFrog for $35 million.
How much does it cost to franchise sweetFrog?
InvestmentFeeCostInitial Franchise Fee$30kPOS System$3k – $5kSignage$7k – $15k*Total Costs$239,500 – $588,0004 more rows•Jun 4, 2022
Who is the owner of Sweet Frog?
Derek Cha, who immigrated to the United States from South Korea at the age of 12, is the founder of Sweet Frog. He opened the first Sweet Frog shop in Richmond, Virginia in 2009, at a time when the United States economy was in a recession. Cha founded Sweet Frog on Christian principles.
How much does it cost to franchise a Froyo?
The exact costs to open a frozen yogurt franchise vary widely, but the average franchise fee is between $30,000 and $40,000.
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
How much is a DQ franchise?
Investment InfoFranchise Fee:$45,000Royalty Fee:4%Marketing Fee:5 – 6%Term:20 yearsInvestment Range:$1,461,200 - $2,426,9903 more rows
How many sweet frogs are there?
Currently, sweetFrog has over 300 locations in the United States and several more internationally.
Can dogs eat frozen yogurt?
In fact, not only is frozen yogurt a treat that can be shared with dogs, but it may also benefit them. Fro-yo is known for its live and active cultures, which aid human digestion. These same cultures may benefit your dog's digestion, as well! In fact, these active bacteria can serve as a probiotic for your dog.
Does Sweet Frog have probiotics?
At Sweet Frog, we encourage experimentation! Mix your favorites, try new flavors, and enjoy delicious, premium frozen yogurt. We offer something for everyone: Premium, Dairy Free, Non-fat, Low-Fat, No Sugar Added and Gluten Free frozen yogurt options with probiotic live and active cultures.
Are frozen yogurt shops profitable?
Is a Frozen Yogurt Business Profitable? The profitability of the frozen dessert business remains strong… Mainly because the core product cost is low. Whether you decide to go the self-serve route and charge by weight or simply have a flat rate, you'll can make a substantial profit.
How much is a Tutti Frutti franchise?
At Tutti Frutti Frozen Yogurt our franchise fee is $25,000. What are the royalty fees? At Tutti Frutti Frozen Yogurt our royalty fees consists of 5% of gross revenue which is calculated on a monthly basis.
How much does it cost for a Baskin Robbins franchise?
Baskin-Robbins Franchise / Initial Investment / Baskin-Robbins Franchise Income. The estimated initial investment required to open a Baskin-Robbins ice cream franchise is $94,350 to $402,200, including an initial franchise fee of $25,000.
Who owns Yogurtbeach?
Tom and Debbie Kliegl have been open and operating their store since March of this year and have found immediate success and acceptance in the Naperville area by carrying through Yogurt Beach's focus on community involvement through fundraising for local schools, sports clubs and charitable organizations.
What is Sweet Frog yogurt made of?
Non Fat Milk, Buttermilk, Sugar, Cultured Non Fat Milk, Cream, Corn Syrup, Non Fat Dry Milk, Whey, Egg Yolks, Sugar, contains less than 1% of : Mono- & Diglycerides, Cellulose Gum, Guar Gum, Natural and Artificial Flavors, Modified Food Starch, Carrageenan, Pectin.
How do I check my Sweetfrog gift card balance?
Call 1-804-893-3151.Ask the customer support agent to check your balance.Provide your gift card number.
Does Sweetfrog take Apple pay?
Sweet Frog accepts credit cards and Apple Pay.
How much does it cost to franchise Sweetfrog?
While the initial franchise fee is $30,000, most sweetFrog franchise owners spend $239,500 — $483,000 to get their new business off the ground. This cost range gives you a general idea of how much to budget for, but remember there are many factors that determine the final franchise cost. The average franchise cost of $361,250 may be higher or lower depending on how much work you put into the new location and the licensing costs for your region.
What is the sweet frog logo?
The sweetFrog logo sign includes the trademark pink “sweet” and green “Frog” text, as well as the pink and white premium frozen yogurt sign and Scoop and Cookie mascots.
How many flavors of Sweetfrog frozen yogurt are there?
sweetFrog premium frozen yogurt currently comes in 91 flavors. Flavors vary by location, so it’s up to you how many you wish to carry. The bigger your selection, the higher your cost, but the happier your customers may be with a wider variety of fro-yo flavors to choose from. When considering your final flavor selection, check how many flavors your self-serve machines can dispense, so you know how many flavors you can choose total.
What to stock in Sweetfrog?
There’s plenty to choose from when stocking up your toppings bar, with more than 50 options across fresh fruit, chocolate, nuts & cereals, snacks and sauces. Consider your projected sales and how much inventory you need to hit your goals. Don’t forget about the sweetFrog cups, utensils, and any other packaging or promotional material needed for your first few months in business.
How much does it cost to build a frozen yogurt store?
Finally, frozen yogurt shop fixtures may include lighting, wall décor, and kitchen safety equipment. All up, you can anticipate paying $56,000 — $145,500 for machines, furniture, and fixtures to complete the frozen yogurt storefront.
Where is Sweetfrog located?
Founded in Richmond, Virginia, in 2009, sweetFrog is a frozen yogurt retail chain with over 350 stores across the U.S. Let’s take a closer look at the different aspects of starting your own sweetFrog franchise and the associated costs.
What to consider when investing in a franchise?
Consider the amount of time involved in starting and operating a business, and the continued operating costs once it’s up and running.
How much does it cost to franchise Sweetfrog?
The estimated investment required to open a sweetFrog Franchise is between $95,600-$477,500. There is an initial franchise fee of $15,000-$30,000 which grants you the license to run a business under the sweetFrog name.
Where is Sweetfrog located?
Shortly after moving to Richmond, Virginia , in 2009, Derek Cha brought the West-Coast frozen yogurt trend to his new home by opening the first sweetFrog store. In addition to a variety of frozen yogurt flavors and toppings, sweetFrog locations offer waffle cones and bowls, Belgian waffles, banana splits and parfaits.
Where is Sweetfrog's 300th location?
Rich Fulkow, who opened sweetFrog's 300th franchise in South Glens Falls at 13 Saratoga Ave. in August, is opening his second location next to Petco. The new location has a pla...
How many franchisees own more than one unit?
50% of all franchisees own more than one unit.
Investment
sweetFrog is proud to be on the pre-approved SBA (Small Business Administration) Registry. SweetFrog does not offer financing, however our experienced franchise development consultants are standing by to help you explore other sources of financing, such as home equity lines of credit, self-guided IRAs, and 401K rollover options.
Financing Options to Own a Frozen Yogurt Franchise
sweetFrog is proud to be on the pre-approved SBA (Small Business Administration) Registry. SweetFrog does not offer financing, however our experienced franchise development consultants are standing by to help you explore other sources of financing, such as home equity lines of credit, self-guided IRAs, and 401K rollover options.
What are the obligations of a Sweetfrog franchise?
Obligations and Restrictions: When franchisees sign the Franchise Agreement they must designate an individual to serve as their “principal owner.” The principal owner must own an equity interest in the franchise, meet the franchisor’s qualifications and must be approved by the franchisor. The principal owner for all sweetFrog shops operated by franchisees and , if applicable, their affiliates, must be the same person, and the same person must act as their principal owner under all Franchise Agreements between the franchisee and franchisor. There is no minimum required equity interest for the principal owner. All products franchisees use or sell at the shop must conform to the franchisor’s standards and specifications. Franchisees must offer and sell only the menu items, products and services that the franchisor has expressly approved in writing.
How long is the franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. Franchisees will have the option to renew the franchise for one additional consecutive 10-year renewal term, if requirements are met.
What training do franchisees need to operate a vehicle?
If franchisees will operate a vehicle, they must also complete any training relating to mobile units that the franchisor requires. The classroom portion of the training program, New Owner Training will be taught using the following instructional materials: manuals, videos, and tests.
What is a MTY franchise?
Franchise Description: MTY Franchising USA, Inc. is the franchisor. The franchisor sells franchises for retail shops that offer and sell soft-serve yogurt and other authorized products and services and that use a self-service format which allows customers to create individualized yogurt-based desserts. The shops do business under the mark “sweetFrog.”
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct or indirect financing, and the franchisor does not guarantee a franchisee’s notes, leases or other obligations.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Is there a minimum equity interest for a franchisee?
There is no minimum required equity interest for the principal owner. All products franchisees use or sell at the shop must conform to the franchisor’s standards and specifications. Franchisees must offer and sell only the menu items, products and services that the franchisor has expressly approved in writing.
Section I – Background Information
1. In mid-March 2021, sweetFrog Premium Frozen Yogurt launched a new soft serve flavor in time for the warmer weather. Dole Soft Serve Watermelon is available for a limited time in sweetFrog stores until May 31. In addition to being dairy free, Dole Watermelon is bursting with juicy, true-to-fruit flavor.
Section II – Estimated Costs
Please click here for detailed estimates of sweetFrog franchise costs, based on Item 7 of the company’s 2020 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
Please click here for detailed information on sweetFrog’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2020 FDD.
Section V – Financial Performance Representations (Item 19, 2020 FDD) and Analysis
The average gross sales amounts contained in the table below pertain to the historic performance of sweetFrog franchised stores located in the United States that reported sales. The time period measured was December 1, 2018 through November 30, 2019.
