Wish to open a frozen yogurt smorgasbord with greater than 200 toppings for visitors to contemplate? That just about describes a Yogurtland franchise. This frozen yogurt chain is de facto what it says it’s: a spot the place you may get frozen yogurt with over 200 distinctive flavors to select from. Buyer can choose toppings that vary from recent fruit like strawberry to chocolate chip and sauces. Yogurtland can be well-known for more healthy choices comparable to no sugar-added or gluten-free decisions. Most of all, they’re identified to make use of solely actual substances, residing their their “Get Actual” slogan.

How a lot does it value to open a Yogurtland? You’ll be happy to know that Yogurtland is open for franchising! To fulfill the monetary necessities of this froyo chain in america, you’ll want a liquid asset of $1,000,000. A complete funding of $270,000.00 – $486,000 for a conventional retailer is to be anticipated. Yogurtland’s franchise price is $35,000. You’ll be able to open a Yogurtland in america or internationally. Take our 7-minute franchise quiz to search out out if Yogurtland is the precise enterprise for you. 

On this information, I dig deeper into Yogurtland’s different franchise necessities, income particulars, and franchise details that may assist information your choice to turn out to be Yogurtland franchise operator. Let’s seize a spoon and dig into the numbers.

Monetary Necessities and Charges

These are the charges to franchise a Yogurtland in america:

Apart from the charges talked about above, Yogurtland has different ongoing charges it’s best to learn about. The corporate requires a 2% advertising and marketing price and a 6% royalty price that will probably be based mostly in your product sales. So be able to take 8% of your product sales off the highest and ship it to the franchise every month.

To franchise Yogurtland internationally, charges and necessities rely based mostly on the variety of places. However the model states you’ll want investable belongings of $1,000,000 or extra whereas the funding group web value could be $5,000,000 or extra. Relying on the place you need to open up a Yogurtland, the funding necessities can get fairly steep in comparison with different ideas.

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Some franchises will solely offer you a one-time price. However within the case of Yogurtland, you’ll have important ongoing charges consideration. Figuring out how a lot are the charges to the franchise enterprise you’re trying into making use of for will help you save or estimate the bills you’ll have sooner or later. Be sure you’re okay with this monetary association earlier than making use of to this system.

Common Gross sales / Income per 12 months

Yogurtland has a income of $66.9 million per 12 months. From 2013 to 2018, the revenues for this frozen yogurt chain grew by 2.1%. Nevertheless, because of the pandemic, Yogurtland has suffered from its world efficiency particularly with the closure of all its shops in Australia. Australia noticed extra draconian authorities lockdowns that served as a key catalyst for these closures.

No current income particulars had been made public at current by Yogurtland.

Franchise Information

Yogurtland was began in 2006 by Phillip Chang in Fullerton, California.

The idea of Yogurtland is to promote frozen yogurt with prospects with the ability to customise their orders by including any toppings they need. It’s a self-serve sort of enterprise through which Yogurtland prices prospects’ orders and are charged by the ounce. You set your cup onto a scale on the finish of the checkout course of the place your frozen yogurt is weighed.

Phillip Chang claims that they’ve a workforce of “flavorologists” that work to deliver actual substances to Yogurtland. From the manufacturing of the yogurt right down to the sourcing of toppings these flavorologists are in command of giving prospects a scrumptious expertise at Yogurtland.

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The enterprise began with 16 flavors and 33 toppings. Now, it has grown to over 200 customizable flavors with toppings starting from fruit, granola, sprinkles, gummy bears, cookie dough bites, and extra. They’ve 8 yogurt machines with 2 flavors in every machine. Based on Chang, 8 to 10 of the flavors are at all times prepared in availability whereas the remainder are seasonal. Additionally they introduce two flavors which might be new each different month. They’ve gluten-free and no sugar added choices for these in search of a more healthy various.

Chang additionally says that they don’t do conventional advertising and marketing at Yogurtland. As a substitute the corporate rely’s on social networking, phrase of mouth, and their distinctive little spoon that has turn out to be fairly common for it being reusable. Based on Chang, they use 15 million spoons a 12 months and that prospects in all probability have them of their properties and kitchen drawers.

Frozen yogurt bar crammed with toppings.

Yogurtland has additionally put up Holsom by Yogurtland, a fast-casual restaurant in Huntington Seashore, California the place they serve healthful meals comparable to acai bowls, granola bowls, grain bowls, toasts, fruit teas, and frozen yogurt.

Yogurtland is not only situated in america. It has over 230 places and it’s additionally situated in Dubai, Myanmar, Singapore, Oman, Guam, Indonesia, and Thailand. They used to have places in Australia however with the current pandemic, the shops have been closed. The corporate is now headquartered in Anaheim, California.

How A lot Does Yogurtland Make in Revenue?

We don’t know precisely how a lot Yogurtland makes in revenue apart from the info of them having a gross income of $66.9 million per 12 months talked about above. However for those who’re questioning if this enterprise is worthwhile, we’ve taken a take a look at a few of the knowledge that might assist us analyze Yogurtland extra.

However we are able to look to different frozen yogurts to get clues into the profitability of those shops. For instance, the frozen yogurt idea Menchie’s will web $94,795 per retailer. The ideas are extraordinarily related and I believe this can be a stable estimate.

Whereas frozen yogurt doesn’t generate the identical stage of buzz it did a decade in the past, the marketplace for frozen yogurt is anticipated to achieve $2.14 billion in 2028. The issue that makes frozen yogurt proceed to be common is that buyers are extra well being aware and that they’re in search of more healthy desserts which might be low in energy, excessive in protein, and non-dairy. Yogurtland has additionally launched plant-based flavors that attraction to the vegan crowd.

Benefits 

Earlier than filling out an software kind to turn out to be a Yogurtland franchise operator, it’s finest to weigh the benefits and downsides that include proudly owning the franchise. Listed below are some benefits Yogurtland can deliver you.

Coaching and Assist

You’ll be happy to know that Yogurtland won’t depart you behind when you’re authorized to be a franchise operator. They provide coaching and help packages as you get began, ensuring your funding in them is all value it.

Web site Choice

Having the very best location is essential for a enterprise. This ensures your space will probably be accessible to most individuals in order that your online business will be capable of garner consideration.

Yogurtland will offer you an skilled development and actual property workforce throughout the improvement course of. They’ll aid you in deciding on the location to your Yogurtland and negotiate the lease for you too.

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Attention-grabbing Menu

As talked about above, Yogurtland has over 200 customizable flavors. That’s so much! That performs to your benefit as a result of having a menu with that many flavors means your prospects won’t ever be bored. In truth, they’ll in all probability go to your retailer various occasions to check out all the pieces Yogurtland has to supply. There are practically limitless choices for purchasers.

As well as, Yogurtland additionally presents wholesome options comparable to no sugar added gadgets, plant-based choices, and gluten-free ones. Folks with sure dietary restrictions can get pleasure from Yogurtland too. This is a crucial differentiator contemplating the rising variety of lactose illiberal or non-diary customers.

Rewards Program

It’s not simply the intensive menu that folks will probably be coming again for however the rewards program that Yogurtland presents too. Reward program members get bonus factors, birthday rewards, and quarterly bonus factors. In the event that they earn 100 factors, they get $5 in spending money. Rewards like this deliver again loyal, repeat prospects.

International Presence

Yogurtland has made a reputation for itself in america, Oman, Dubai, Indonesia, Guam, Myanmar, Thailand, and Singapore. Who is aware of, they may simply develop to extra international locations sooner or later too particularly since they’re rising with a fast-casual restaurant as properly.

Challenges

As a result of I need you to be absolutely ready to function this enterprise, I’ve outlined potential challenges working a Yogurtland. Bear in mind no franchise idea is a hands-off enterprise enterprise. There will probably be a number of blips alongside the way in which. It’s finest to know what troubles you’ll come throughout now than face them with none warning sooner or later. Listed below are some challenges or unknowns you may anticipate on this trade.

Pricing Issues

Having a self-serve enterprise implies that prospects would be the ones who will normally assemble their frozen yogurt cups. They’ll get to scoop their very own toppings and add of their sauces. And all of the whereas, they’ll neglect that the pricing will probably be per ounce after which get shocked after they pay for it on the counter.

Put together your self to take care of prospects who go overboard with their froyos after which query why they’re abruptly costly. It’s annoying, however it’ll occur.

The Mess

Once more, Yogurtland is a self-serve enterprise so that you’ll look forward to finding sprinkles all around the ground or sauces staining the counters. You’ll be cleansing folks’s messes and refilling containers all day lengthy. You’ll have to coach your workers to maintain a watchful eye on any mess which may happen to maintain your department spotless.

The Number of Flavors

Possibly from the shopper’s standpoint, having too many flavors is a superb factor. However out of your aspect, put together to refill the machines and maintain tabs on the by no means ending change of seasonal flavors. You’ll additionally should face buyer complaints about asking for that taste they needed however isn’t obtainable anymore.

Not All Cities Are Alike

In case you’ve put up a Yogurtland in a single metropolis and expertise no delays in getting your permits and development necessities, you may not get the identical expertise in one other location. Ready to take care of a number of delays and frustrations if you construct this franchise.

Rising competitors

When Yogurtland opened it’s doorways again in 2006 the frozen yogurt store with DIY toppings was a novel idea. There have been plenty of related ideas opened over the 15+ years since this time. Earlier than opening a frozen yogurt store of any variety, be certain that the market isn’t too saturated with competitors. Frozen yogurts outlets in some markets have been closing at quick charges.

Is the Yogurtland Franchise Proper For You?

Yogurtland is a enjoyable enterprise that reveals progress and success with its growth into extra than simply frozen yogurt. Because of this the corporate is aware of the way to adapt to modifications so that you’ll get extra totally different menu choices as time goes by. This additionally reveals they’re an excellent franchise to deal with for those who’re in search of a frozen yogurt chain that’s worthwhile. They’re additionally planning to develop by including 5 shops within the Houston space. Who is aware of, they may simply add extra across the U.S.

What’s another frozen yogurt chain?

In case you determine to search for extra choices, you may take a look at Menchie’s Frozen Yogurt and Pinkberry. Each are common chains in america and have branches world wide too.

Menchie’s Frozen Yogurt has a franchise price of $40,000 with a mean funding of $300,000 to $350,000. Pinkberry has a franchise price of $35,000.

Frozen yogurt continues to be a well-liked deal with among the many youth. With the precise steering and placement, you may open a Yogurtland franchise as properly. Simply you should definitely weigh in your choices and bills earlier than you dive proper into this enterprise. And keep in mind to be keen about this as a result of it takes plenty of time and hard-work to run a profitable franchise.