Mr. Smoothie vs Menchie's Frozen Yogurt, USA Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Menchie's Frozen Yogurt, USA including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Smoothie Franchise
Menchie's Frozen Yogurt, USA Franchise
Investment $87,650 - $377,400$218,325 - $385,158
Franchise Fee $20,000$25,000 - $40,000
Royalty Fee 5%6%
Advertising Fee to 2%-
Year Founded 1993-
Year Franchised 2001-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Smoothie Franchise
Menchie's Frozen Yogurt, USA Franchise
Experience --

Financing Options
 
Mr. Smoothie Franchise
Menchie's Frozen Yogurt, USA Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Mr. Smoothie Franchise
Menchie's Frozen Yogurt, USA Franchise
Training --
Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Ad slicks-
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 4 - 6

Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

-

Expansion Plans
 
Mr. Smoothie Franchise
Menchie's Frozen Yogurt, USA Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Mr. Smoothie

Ready to own TWO of the fastest Growing Franchise Concepts Under ONE Roof? Then Mr. Smoothie & Frozen Yogurt may be the Franchise for YOU!
Mr. Smoothie, with over 26 years in business in 7 states, is the first Multi- State Franchise system to bring both: Real Fresh Fruit Smoothies and Self Service Frozen Yogurt Under one Roof.
Since 1996, Mr. Smoothie has been serving the Freshest and most delicious Smoothies, Juices and everyone’s favorite frozen treats

Mr. Smoothie’s locations are where our customers "Work, Live and Play” helping to accommodate today’s hectic schedules and healthy lifestyles.

We continually work with our vendors to ensure our locations are supplied with the freshest and healthiest products while delivering the best value to our customers.
Reqirements:
*Net worth of $200k and $50k liquid
*Real Estate, Design & Build Out Assistance
*All formats: Malls, Strip Centers, Airports & Universities
*Simple & Easy to Learn Operations
*On Site Training & Ongoing Store Support
*Menu items for everyone in the family and all throughout the day
*National Proprietary Food Vendor for bulk purchasing power
*Single Store, Multi-Unit and Area Developers welcomed
 

About Menchie's Frozen Yogurt, USA

Menchie's is a fast-growing chain of frozen yogurt shops that provides customers the opportunity to create their own custom combinations. With a self-serve design, Menchie's offers more than 100 unique rotating flavors and more than 60 rotating toppings at each location. Servings are paid by the ounce so customers are only paying for what they want. Already a favorite spot among Hollywood's hottest celebrities such as Taylor Swift, Jennifer Lopez, and Justin Timberlake, and families across the country, Menchie's upbeat environment and endless selections makes it appealing for everyone. Menchie's has more than 35 locations open in 11 states, with an additional 45 currently in development, and is poised to total more than 120 locations throughout the country by the end of the year. Major Market Territories are still available and we encourage you to inquire about opportunities in your own community. Our aggressive expansion plans will focus on key domestic and international opportunities. We currently are offering Area Developer, Multi-Unit and Single Unit opportunities to qualified candidates. To learn more about our available markets and the benefits of Menchie's franchise ownership and for more information visit www.menchies.com. We're looking for entrepreneurs to share our vision.

If you sign an Area Development Agreement, you must pay the franchisor a Development Fee equal to $96,000 if you are going to open 3 Stores and $125,000 if you are planning to open 5 Stores.