Start-Up Costs and Fees |
||
| Let's Yo! | Rita's | |
| Investment | 360000 - 466000 | 15100 - 435000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | |
| Advertising Fee | 3% | |
| Year Founded | 2008 | 1984 |
| Year Franchised | 2008 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Let's Yo! | Rita's | |
| Experience | ||
Financing Options |
||
| Let's Yo! | Rita's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Let's Yo! | Rita's | |
| Training | 5 days at Cool University and 4 days on site | |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | |
Expansion Plans |
||
| Let's Yo! | Rita's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Let's Yo! | |
| Rita's | |
| Franchise Fee | |
| Let's Yo! | |
| Rita's | |
| Royalty Fee | |
| Let's Yo! | |
| Rita's | 6.50% |
| Advertising Fee | |
| Let's Yo! | |
| Rita's | 3% |
| Year Founded | |
| Let's Yo! | 2008 |
| Rita's | 1984 |
| Year Franchised | |
| Let's Yo! | 2008 |
| Rita's | 1989 |
| Term Of Agreement | |
| Let's Yo! | |
| Rita's | 10 years |
| Renewal Fee | |
| Let's Yo! | |
| Rita's | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Let's Yo! | |
| Rita's | |
Financing Options |
|
| Franchise Fees | |
| Let's Yo! | |
| Rita's | |
| Start-up Costs | |
| Let's Yo! | |
| Rita's | |
| Equipment | |
| Let's Yo!} | |
| Rita's | |
| Inventory | |
| Let's Yo! | |
| Rita's | |
| Receivables | |
| Let's Yo! | |
| Rita's | |
| Payroll | |
| Let's Yo! | |
| Rita's | |
Training & Support |
|
| Training | |
| Let's Yo! | |
| Rita's | 5 days at Cool University and 4 days on site |
| Support | |
| Let's Yo! | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | |
| Let's Yo! | |
| Rita's | Ad slicks, National media, Regional advertising |
| Operations | |
| Let's Yo! | |
| Rita's | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
Expansion Plans |
|
| US Expansion | |
| Let's Yo! | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | |
| Let's Yo! | |
| Rita's | |
| International Expansion | |
| Let's Yo! | |
| Rita's | |