Cost of Opening a Pinkberry Franchise
The total average cost to open a Pinkberry franchise is between $269,440 and $607,050, including the $35,000 franchise fee. Costs vary based on leasing or buying property. Pinkberry requires franchisees to have at least $125,000 liquidity and $250,000 net worth.
- Training program supports store opening.
- 5 to 15 employees needed before signing.
- Research local market for franchise success.
- Potential growth may be limited by excessive competition.
Investment and Sales Figures
The total investment range for a Pinkberry franchise is $310,442 to $628,995, with an average gross sales of $449,597 for all stores. Franchisees are subject to a 6% royalty fee and a 2% marketing fee based on total sales.
Pinkberry Overview
- Pinkberry established first international store in Kuwait in 2009.
- Currently operates over 170 stores worldwide.
- Initial fee per location is $45,000.
- Zagat rates Pinkberry #1 in its category.
- Top 20 social media brand.
Franchise Fees and Requirements
- Franchisees pay $45,000 to commence.
- Responsible for build-out and land expenses.
- Location and construction plans must be approved.
- Exclusive U.S. territories available.