A Breakdown Of sweetFrog Franchise Cost, Step By Step
- Initial Franchise Fee ($30K)
- Leasehold Improvements ($105K — $190K)
- Machines, Furniture & Fixtures ($56K — $145.5K)
- Opening Inventory ($3.5K — $8K)
- Grand Opening ($10K)
Full Answer
See more
What does a Sweet Frog franchise cost?
InvestmentFeeCostInitial Franchise Fee$30kPOS System$3k – $5kSignage$7k – $15k*Total Costs$239,500 – $588,0004 more rows•Jun 4, 2022
Who owns 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 open a tutti frutti?
$150,000 is required in available capital if you want to become a franchisee. The low end of the total investment required to open a new franchise is $180,000. The high end of the total investment required to open a franchise is $300,000. $25,000 is the franchise fee new franchisees pay the franchisor.
How much does it cost to start a Yogurtland business?
Yogurtland Franchise Cost / Initial Investment / Yogurtland Franchise Income. The franchise fee to join the Yogurtland team is $35,000. A total investment of $300,000-$700,000 is required to open a Yogurtland franchise.
How many Sweet Frog locations are there?
Currently, sweetFrog has over 300 locations in the United States and several more internationally.
Did Sweet Frog go out of business?
Sweet Frog will close July 24.
Who owns Tutti Frutti Frozen Yogurt?
Jay KimTutti Frutti was founded in Southern California in 2008 by Jay Kim, based on the ideals of healthy and high quality frozen yogurt coupled with a modern self-serve concept. California has the most Tutti Frutti stores, but states like Texas, Louisiana, and Florida are now not far behind.
How many calories are in Tutti Frutti Frozen Yogurt?
30 CALORIESTutti Frutti currently rotates over 80 different flavours!...Nutritional Information30CALORIES per 28g (1WT.OZ)6Carbohydrates (g)5Sugar (g)0.5Fat (g)4 more rows
What is the cost of a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much is a Pinkberry franchise?
The initial franchise fee for Pinkberry is $45,000 per location. A 6% royalty fee on gross sales is paid to the company, as well as a marketing fee of 2% of gross sales. Pinkberry estimates monthly sales potential of $250,000 per Pinkberry franchise store.
Who owns Yogurtland?
owner Phillip ChangWhen Yogurtland opened its doors, in 2006, in Fullerton, CA, owner Phillip Chang had one goal in mind: provide a self-serve frozen yogurt experience that gives customers the highest quality ingredients and flavors to fill their cups.
Is Sweet Frog a religious company?
Well, it's no secret that the FROG part of Sweet Frog stands for Fully Rely on God. That's a turn-off for a lot of people, who don't want their yogurt topped with Skittles and religion.
What does TCBY stand for?
The Country's Best YogurtTCBY (The Country's Best Yogurt) is an American chain of frozen yogurt stores. It is one of the largest U.S. retailers of soft-serve frozen yogurt.
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.
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 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 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 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 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 is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is the purpose of royalty fee?
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
sweetFrog has the Sweetest Taste
Frozen yogurt is becoming one of the most beloved frozen treats across America. And it’s no wonder as to why. It’s not only creamy and tasty but it’s a lot healthier than traditional ice cream. So, of course, there is going to be more frozen yogurt shops popping up in the neighborhood.
A Growing Opportunity
While some companies seem to be lacking in the amount of growth they experience, sweetFrog is definitely not one of them. This company has been offering the franchise opportunity for less than a decade and has already seen a huge amount of growth in the first four years alone.
Leaping Out
It’s amazing how times can change so much when it comes to the business world. When there was once a time that it was extremely rare and challenging to become a business owner. Nowadays it’s incredibly popular and easier to begin. Especially with the millions of different opportunities available.