I Can't Believe It's Yogurt
I Can't Believe It's Yogurt
8300 Woodbine Ave., 5th Fl.
Markham, ON L3R 9Y7 CANADA
800#:
Tel: (905) 479-8762
Fax: (905) 479-3275
E-Mail: [email protected]
Web Site: www.yogenfruz.com
Contact: Mr. Aaron Serruya, President
We are the leading premier yogurt franchisor domestically and internationally. I CAN'T BELIEVE IT'S YOGURT is noted for developing smooth, creamy, sweet-tasting frozen yogurt in more than 100 self-serve flavor combinations in original, non-fat, and sugar- free varieties.
Franchisor Background
Established: 1977
First Franchise: 1983
Franchise Units: 400
Company-Owned Units: 940
Total Units: 1,340
Distribution:
U.S. -- 1023;
Canada -- 0;
International -- 317
-North America -- Operations in 33 States
-States/Provinces with Greatest Density: 33 in TX, 16 in NC, 15 in FL
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 4, 2, 3, 2, 2, 4
(Click here for an explanation)
Registered in Following Registration States: CA,IL,IN,MN,OR,RI,WA,WI,DC (Click here for an explanation)
Average Number of Employees: 2 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50K
Total Investment: $110-203K
Average Total Investment: $156.5K
Minimum Net Worth: $200K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 0%
-Average Royalty: .0%
-Advertising: 2.3%
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 60
On-Going Support: E,G (Click here for an explanation)
Training: 10 Days Corporate Headquarters; 1 Week Store.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: All Countries
Note: NR = No Response by Franchisor.
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