Start-Up Costs and Fees |
||
| Tropical Smoothie Cafe | Yogurt Lab | |
| Investment | 198500 - 543500 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% of Gross Revenues |
| Advertising Fee | 3% | 1% local |
| Year Founded | 1997 | 2011 |
| Year Franchised | 1998 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tropical Smoothie Cafe | Yogurt Lab | |
| Experience | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! | |
Financing Options |
||
| Tropical Smoothie Cafe | Yogurt Lab | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tropical Smoothie Cafe | Yogurt Lab | |
| Training | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 | |
Expansion Plans |
||
| Tropical Smoothie Cafe | Yogurt Lab | |
| 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 | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
| Franchise Fee | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
| Royalty Fee | |
| Tropical Smoothie Cafe | 6% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Tropical Smoothie Cafe | 3% |
| Yogurt Lab | 1% local |
| Year Founded | |
| Tropical Smoothie Cafe | 1997 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Tropical Smoothie Cafe | 1998 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Tropical Smoothie Cafe | 15 years |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Tropical Smoothie Cafe | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Tropical Smoothie Cafe | No |
| Yogurt Lab | No |
| Start-up Costs | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
| Equipment | |
| Tropical Smoothie Cafe} | |
| Yogurt Lab | |
| Inventory | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
| Receivables | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
| Payroll | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Tropical Smoothie Cafe | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. |
| 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 | |
| Tropical Smoothie Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Yogurt Lab | |
| Marketing | |
| Tropical Smoothie Cafe | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Yogurt Lab | |
| Operations | |
| Tropical Smoothie Cafe | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Tropical Smoothie Cafe | 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 |
| Yogurt Lab | |
| Canada Expansion | |
| Tropical Smoothie Cafe | 0 |
| Yogurt Lab | |
| International Expansion | |
| Tropical Smoothie Cafe | |
| Yogurt Lab | |