Strickland's vs Yogurt Lab Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Strickland's vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Strickland's Yogurt Lab
Investment 188500 - 315000 313500 - 557000
Franchise Fee
Royalty Fee 6% 6% of Gross Revenues
Advertising Fee 1% local
Year Founded 1936 2011
Year Franchised 2002 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Strickland's Yogurt Lab
Experience

Financing Options

  Strickland's Yogurt Lab
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Strickland's Yogurt Lab
Training We conduct an intensive, one-week training session at our Akron, Ohio headquarters or at our Irvine, California franchise location, depending on where you live. You will gain both "back office" and in-store experience covering all aspects of operating a Stricklands Ice Cream franchise. In addition, we provide 3-5 days of onsite supportand training at your location during your grand opening week. We also provide our Franchisees a comprehensive Franchise Operations & Policies Manual, which provides detailed information concerning the development, opening and ongoing operation of your Stricklands Ice Cream franchise. Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store
Support
Marketing
Operations

Expansion Plans

  Strickland's Yogurt Lab
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Strickland's
Yogurt Lab
Franchise Fee
Strickland's
Yogurt Lab
Royalty Fee
Strickland's 6%
Yogurt Lab 6% of Gross Revenues
Advertising Fee
Strickland's
Yogurt Lab 1% local
Year Founded
Strickland's 1936
Yogurt Lab 2011
Year Franchised
Strickland's 2002
Yogurt Lab 2013
Term Of Agreement
Strickland's 15 years
Yogurt Lab 10 years
Renewal Fee
Strickland's $500
Yogurt Lab


Business Experience Requirements

Experience
Strickland's
Yogurt Lab

Financing Options

 
Franchise Fees
Strickland's No
Yogurt Lab No
Start-up Costs
Strickland's
Yogurt Lab
Equipment
Strickland's}
Yogurt Lab
Inventory
Strickland's
Yogurt Lab
Receivables
Strickland's
Yogurt Lab
Payroll
Strickland's
Yogurt Lab

Training & Support

Training
Strickland's We conduct an intensive, one-week training session at our Akron, Ohio headquarters or at our Irvine, California franchise location, depending on where you live. You will gain both "back office" and in-store experience covering all aspects of operating a Stricklands Ice Cream franchise. In addition, we provide 3-5 days of onsite supportand training at your location during your grand opening week. We also provide our Franchisees a comprehensive Franchise Operations & Policies Manual, which provides detailed information concerning the development, opening and ongoing operation of your Stricklands Ice Cream franchise.
Yogurt Lab Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store
Support
Strickland's
Yogurt Lab
Marketing
Strickland's
Yogurt Lab
Operations
Strickland's
Yogurt Lab

Expansion Plans

US Expansion
Strickland's
Yogurt Lab
Canada Expansion
Strickland's 0
Yogurt Lab
International Expansion
Strickland's
Yogurt Lab