FroZenYo

The franchise that caught my eye was the franchise of FroZenYo. This is a business in self-serve of frozen yogurt in Washington D.C. in 2009. Today this franchise has grown rapidly and has expanded throughout the US and internationally.

This franchise an attractive opportunity because it is a simple operation product and it allows the customer to create their own frozen yogurt the way they want it. you can put as many strawberries you would like with out asking for someone else assistance. It creates something new for the customers with every time they visit. Having multiple different flavors and toppings. This makes every visit different every time, making it fun and unique with every creation you make.

The franchise was in the Washington Post October 14, 2012. This article states that the franchise is trying to expand and go world wide. They signed a 5 year contract with Franchise Freeway to continue expanding their frozen yogurt chain. With the expansion of the franchise they have sold more than 1000 franchise worldwide.

If one is interested in owning their own business in this franchise it would cost $25,000 for the first purchase of the franchise and $15,000 for the second purchase. A 3 store multi-unit territory rate is $55,000. Ongoing and royalty fees per FDD per year based on average sales is $40,882. Finance can not be applied directly. The only option of financial assistance was an SBA loan that you must be approved for. The typical franchisee needs $120,000 in liquid assets and approximately $500,000 net worth. But FroZenYo does has experience assisting franchise candidates with other sources of financing including home equity lines of credit and self-guided IRAs.

After making the purchase of the franchise FroZenYo provide ongoing support and training. First, they will help you find a location for the business. Second, they will help you construct the business. Third, they  will invite you to attend our training program in Washington, DC. Fourth, they will a team to assist in the hiring of employees and preparing for the Grand Opening of your FroZenYo. Fifth, they will have a member of our operations team assist in store operations as you open for business to ensure a smooth and successful Grand Opening experience for you, your employees and your customers. And lastly, they will provide you with ongoing operational and marketing support to make sure that you are operating a great FroZenYo franchise.