Start-Up Costs and Fees |
||
| Ziiing Yogurt | Yogurt Lab | |
| Investment | 165636 - 506600 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% of Gross Revenues |
| Advertising Fee | 2% | 1% local |
| Year Founded | 0 | 2011 |
| Year Franchised | 0 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ziiing Yogurt | Yogurt Lab | |
| Experience | > Understanding and agreement with the Ziiing Frozen Yogurt concept of high standards, operations and customer service. > Desire and ability to participate and conform with our operating system. > An enthusiastic and entrepreneurial spirit. > Willingness to devote full-time efforts to this business. > A minimum net worth (for single-unit operators) of $350,000 with at least $75,000 to $100,000 liquid. > Consistent employment or business ownership history. > Working knowledge of accounting and financial reports. > Strong communication and organizational skills. > Management experience. | |
Financing Options |
||
| Ziiing Yogurt | Yogurt Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Ziiing Yogurt | Yogurt Lab | |
| Training | 1-day orientation, then a week at our corporate office and corporate store. The last portion of training consists of a corporate approved trainer going to your location & being there with you & your staff during the first week of 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 | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Ziiing Yogurt | Yogurt Lab | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Franchise Fee | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Royalty Fee | |
| Ziiing Yogurt | 6% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Ziiing Yogurt | 2% |
| Yogurt Lab | 1% local |
| Year Founded | |
| Ziiing Yogurt | 0 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Ziiing Yogurt | 0 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Ziiing Yogurt | |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Ziiing Yogurt | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Ziiing Yogurt | > Understanding and agreement with the Ziiing Frozen Yogurt concept of high standards, operations and customer service. > Desire and ability to participate and conform with our operating system. > An enthusiastic and entrepreneurial spirit. > Willingness to devote full-time efforts to this business. > A minimum net worth (for single-unit operators) of $350,000 with at least $75,000 to $100,000 liquid. > Consistent employment or business ownership history. > Working knowledge of accounting and financial reports. > Strong communication and organizational skills. > Management experience. |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Start-up Costs | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Equipment | |
| Ziiing Yogurt} | |
| Yogurt Lab | |
| Inventory | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Receivables | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Payroll | |
| Ziiing Yogurt | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Ziiing Yogurt | 1-day orientation, then a week at our corporate office and corporate store. The last portion of training consists of a corporate approved trainer going to your location & being there with you & your staff during the first week of 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 | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Marketing | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Operations | |
| Ziiing Yogurt | |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| Canada Expansion | |
| Ziiing Yogurt | |
| Yogurt Lab | |
| International Expansion | |
| Ziiing Yogurt | |
| Yogurt Lab | |