Franchise Costs Comparison: TCBY vs Yogurtland vs Baskin Robbins vs Menchies
To buy a franchise with TCBY:
- liquid capital of $100,000 and a minimum net worth of $250,000
- total investment of $134,000 – $640,000
- financing via 3rd party as well as a discount for veterans
How much does it cost to own a Yogurtland?
- $35,000 franchise fee
- $265,000 to $450,000 for location and size costs
- six percent royalty fees and two percent marketing fees are expected based on sales
- $200,000 liquid assets and $400,000 total net worth needed
- total investment is $300,000 to $700,000
- effective marketing to families and kids with Sanrio toy products and You Rule Club promotions
Baskin Robbins franchise:
- $25,000 franchise fee per 20-year term location
- frozen yogurt industry is worth $1 billion with 2,508 stores
- average yearly store sales are $398,724
Menchies:
- established profitable franchise
- opening costs $200,000 to $400,000
- most would settle for fewer flavors if location more convenient
Additional Franchise Insights
- Yogurtland hourly pay reported as $8 to $14.67 per hour
- some stores report $750,000 to $800,000 annual sales after two years
- labor costs range from $7,500 to $15,000 monthly for a store with $350,000 annual sales
Franchise Brokers and Insights:
- franchising guidance available for free
- campground and dairy franchises can also be rewarding