Is Menchie’s frozen yogurt the right franchise for You?
Menchie’s Frozen Yogurt may be the right franchise for you. Menchie’s is a self-serve frozen yogurt franchise that serves a delicious frozen dessert, but more importantly, we serve up smiles. The success of our business model is evidenced by our tremendous growth around the world and our numerous franchise industry awards.
Who is Menchie’s?
Menchie’s started out as a single store in Southern California and has evolved into a global presence that is synonymous with good times. Children are drawn to our swirly, froyo-hatted mascot Menchie and his Sweet Friends, and families are attracted to the laid-back, relaxing and welcoming atmosphere.
What does the franchise fee cover?
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. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
How much can you make owning a Menchie's?
Average revenue for a Menchie's franchise shop is nearly $470,000. Profits could hit $200,000, and even top that amount if sales go well, Mr. Manning said.
How much does it cost to open menchies?
$300,000 to $350,000The startup cost for a Menchie's Frozen Yogurt shop ranges from $300,000 to $350,000. Qualified franchisees will have good credit and approximately $80,000-$90,000 in liquid assets and possess a net worth of approximately $350,000 in order to qualify for a Small Business Administration (SBA) commercial loan.
Who owns menchies?
The Menchie's Story Co-Founder Danna Caldwell often refers to Menchie's as “a love story.” She and her husband, Adam Caldwell, went on their first date to a frozen yogurt place where you could add your own toppings.
Are menchies franchises profitable?
Menchie's is a clean, safe, profitable, family- friendly business.
How much is an Orange Leaf franchise?
Orange Leaf offers one of the most competitive cost structures in the industry with a $25,000 franchise fee and 5% ongoing royalties. With both storefront and non-traditional models available, the average start-up cost for an Orange Leaf franchise is between $189,900 - $417,300.
How many menchies locations are there?
540Menchie's Frozen YogurtIndustryChain restaurant/FranchiseFoundedMay 15, 2007 San Fernando Valley, CaliforniaFoundersDanna Caldwell Adam CaldwellHeadquartersEncino, California , United StatesNumber of locations5405 more rows
Why is frozen yogurt not popular?
Frozen yogurt has also been falling out of favor thanks to non-dairy alternatives steamrolling the market. While some chains have adapted to serve dairy-free or fruit-based alternatives, it's getting harder to market something with the word “yogurt” in it when we just experienced the “year of the oat.”
Is menchies a chain?
In 2010, Menchie's Frozen Yogurt was recognized as the #1 fastest growing food franchise in the United States and holds today the largest self-serve frozen yogurt franchise in the world.
Where does Menchie's get their yogurt from?
The frozen yogurt franchise gets its milk from a California dairy where the cows have nutritionist, room to graze. The secret to excellent frozen yogurt is the milk, which is why Menchie's milk comes from only one source: the family-owned, quality-controlled California dairy where our “smiley cows” live.
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.
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.
Does menchies weigh the cup?
Menchies prices work the same way as several other frozen yogurt shops. The way the process works is this: a customer pours any flavors of frozen yogurt he or she desires into their cup and then it is weighed in at the end. The product is priced per ounce of weight. Below are the latest Menchies menu prices.
How big is a menchies Cup?
Each topping is packed in 2 ounce size sealed cups.
How many ounces are in a menchies Cup?
What is a serving size of your product? The serving size for our frozen yogurt is 4 fluid ounces.
When did Menchie's start?
Menchie's was created 14 years ago in 2008. Menchie's started offering franchises in 2008.
Who controls the Menchie's?
Since 2008, Amit Klein Berger, 33, has been the CEO of Menchie's Frozen Yogurt.
Why is Menchie's called that?
Menchie's was named for this passion. In their relationship, Adam gave Danna the term "mensch" early on, which means "a person of integrity and hon...
How much does it cost to open a Menchie's yogurt franchise?
A typical Menchie's franchisee invests approximately $330,000 - $375,000, including working capital, to open their Menchie's yogurt franchise. To be approved for a Small Business Administration (SBA) loan, the typical franchisee needs $120,000 in liquid assets and approximately $500,000 net worth. In addition, the franchisee should plan for additional living expenses or possess other sources of income.
What is Menchie's frozen yogurt?
Menchie’s is a frozen yogurt franchise that allows customers to mix and match among nearly a hundred rotating flavors of frozen yogurt, and top them with some 70 rotating topp ings. Menchie’s innovative self-serve model leads to happy, loyal, repeat guests.
What should a franchisee plan for?
In addition, the franchisee should plan for additional living expenses or possess other sources of income. The amount you may invest depends on factors such as the frozen yogurt franchise location, total square footage and landlord's tenant improvements.
What is Capriotti's sandwich shop?
Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.
Is Menchie's yogurt self service?
Franchisees see the Menchie's 'Mix-Weigh-Pay' self-service model as simple to operate and that it gives guests exactly what they want while creating a smiley and family-friendly experience in the process. They love the taste of Menchie's proprietary frozen yogurt and fresh toppings. They are impressed by Menchie's yogurt franchise layout, color scheme, branding, energy and vibe. They see the moneymaking potential and value a Menchie's adds to their own communities. And, they believe in our philosophy of making the world a better place through smiles.
Is Menchie's on the SBA?
Menchie's is on the SBA National Registry. Additionally, Menchie's Franchise Development Managers have experience assisting froyo franchise candidates with other sources of financing including home equity lines of credit and self- guided IRAs.
Is Menchie's a franchise?
Menchie's is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $100,000 .
What is Menchie's Payable?
Payable to Menchie’s, to reimburse it for fees incurred by it in obtaining injunctive or legal relief for the enforcement or defense of any item of the Franchise Agreement or for costs incurred for arbitration proceedings.
When will Menchie's interest be paid?
You will pay Menchie’s interest on any overdue amounts beginning with the date payment is due until you pay the overage.
How much does it cost to franchise a store?
The Initial Franchise Fee for a single Store franchise is $40,000, which will be paid in full at the time you sign the Franchise Agreement. The Initial Franchise Fee is earned upon receipt and except as noted below is nonrefundable.
Do you have to pay Menchie's late fee?
You also will be required to pay Menchie’s a late fee on any overdue amount beginning with the date payment is due until you pay the overage.
Is Menchie's a nonrefundable fee?
You will pay Menchie’s a nonrefundable fee if you ask for special assistance or Menchie’s determines that additional training is warranted after your initial training period.
Where is Menchie's located?
Menchie's started out as a single store in Southern California and has evolved into a global presence that is synonymous with good times. Children are drawn to our swirly, froyo-hatted mascot Menchie and his Sweet Friends, and families are attracted to the laid-back, relaxing and welcoming atmosphere.
Is Menchie's yogurt a national brand?
As an emerging leader in the frozen dessert industry, Menchie’s continues to be noted for its many accomplishments through local and national media. Menchie’s buzz is spreading far and wide, and the frozen yogurt franchise has received numerous awards in the country’s top media publications. Awards that Menchie’s yogurt franchise has won recently include:
Is Menchie's frozen yogurt a franchise?
households regularly consume frozen desserts. Why? Frozen desserts are an affordable luxury, and Menchie's, with its devotion to serving smiles and creating a positive guest experience, is an industry leader. We are the largest self-serve yogurt franchise in the world, and we continue to grow. Please click the research button below to learn more about our company and how you can become a Menchie's franchisee. We've been opening up stores across the country and around the world. We support our franchisees and provide them with the tools they need to be successful.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
What is 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.
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.
Is Menchie's yogurt gluten free?
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.
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.