Menchie’s Frozen Yogurt Franchise Overview
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Initial Cost and Investment
- Startup cost: $300,000 – $350,000
- Franchise fee: $35,000
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Financial Information Summary
- Cash Investment: $80,000 – $100,000
- Total Investment: $224,557 – $392,710
- Minimum Net Worth: $350,000
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Master Franchise Opportunities
- Passive Ownership: Yes
- Home Based: No
- Recruitment of franchisees by master franchisee
- No veteran discount offered
Franchise Information and Costs
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Investment and Financial Requirements
- Liquid assets of $50,000 are required to open a single frozen desserts location.
- Startup costs comparable to Chem-Dry Carpet Cleaning and Automated Investments.
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Franchise Fee Details
- Net-worth Requirement: $300,000
- Liquid Cash Requirement: $120,000
- Franchise fee up to $40,000
Menchie’s Franchise Insights
- Business Potential and Growth
- Average revenue: nearly $470,000
- Profits potential: up to $200,000
- Growing frozen yogurt market
CEO Statement
- CEO Amit Kleinberger’s Perspective
- Acknowledgment of servicemen and women
Initial Franchise Analysis
- Initial Investment Overview
- Possible costs: $170,000 – $574,790
- Net worth requirement: $500,000
Operational Support and Success
- Operational Assistance and Model Success
- Operational guidance provided by franchisor
- Industry awards and global growth
Evaluation of Menchie’s Franchise
- Franchisee Qualifications and Considerations
- Good credit and liquid assets of $80,000-$90,000 required
Business Viability
- Viability and Profit Potential
- Revenue and profit projections
- Flexible startup costs based on location and seasonality