16 Handles Franchise

Frozen yogurt shop

The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19#72 on Franchise Rankings.com

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of 16 Handles, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official 16 Handles website.

How much does it cost to open a 16 Handles Franchise ?

The investment required to open a 16 Handles Franchise is between $274,500 - $735,000 . There is an initial franchise fee of $30,000 which grants you the license to run a business under the 16 Handles name.

Individual Franchise Costs

  • Initial Investment:
    $274,500 -
  • Initial Franchise Fee:
    $30,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    2%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    10% of the then franchise fee

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists

Support
As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond.

16 Handles Growth History

When did the first 16 Handles open? 2008
When did 16 Handles start Franchising ? 2010

Year U.S.A. Canada International Corporate
2012 26 0 0 9

A Franchise Business Consultant will be assigned to your store to assist with all business operations

Experienced business people, franchisees, and multi-unit operators

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How much money you could make as a 16 Handles Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a 16 Handles Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$30,000 - $735,000
Initial Franchise Fee
$30,000
Royalty Fee
6%
Advertising Fee
2%
Term of Agreement
10 years
Renewal Fee
10% of the then franchise fee
16 Handles Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for 16 Handles and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a 16 Handles franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.