Start-Up Costs and Fees |
||
| Tropicana Smoothies Juices & More! | Yogurt Lab | |
| Investment | 175000 - 225000 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% of Gross Revenues |
| Advertising Fee | 1% | 1% local |
| Year Founded | 1949 | 2011 |
| Year Franchised | 2004 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tropicana Smoothies Juices & More! | Yogurt Lab | |
| Experience | ||
Financing Options |
||
| Tropicana Smoothies Juices & More! | Yogurt Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Tropicana Smoothies Juices & More! | Yogurt Lab | |
| Training | 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 | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed | |
Expansion Plans |
||
| Tropicana Smoothies Juices & More! | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Franchise Fee | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Royalty Fee | |
| Tropicana Smoothies Juices & More! | 6% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Tropicana Smoothies Juices & More! | 1% |
| Yogurt Lab | 1% local |
| Year Founded | |
| Tropicana Smoothies Juices & More! | 1949 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Tropicana Smoothies Juices & More! | 2004 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Tropicana Smoothies Juices & More! | 10 yeaqrs +10 |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Start-up Costs | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Equipment | |
| Tropicana Smoothies Juices & More!} | |
| Yogurt Lab | |
| Inventory | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Receivables | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Payroll | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Tropicana Smoothies Juices & More! | |
| 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 | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Marketing | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |
| Operations | |
| Tropicana Smoothies Juices & More! | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Tropicana Smoothies Juices & More! | 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 | |
| Tropicana Smoothies Juices & More! | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Yogurt Lab | |
| International Expansion | |
| Tropicana Smoothies Juices & More! | |
| Yogurt Lab | |