According to Yogurtland, they are the biggest specialty frozen yogurt chain in the world and the majority of their shops are franchises. They are currently looking for people within the United States interested in franchising, who have at least $200,000 in liquid assets and have a minimum net worth of $400,000 (via Yogurtland). If you’re wanting to invest and open your own shop, you’ll need to be ready to part with plenty of cash. Then again, most investors know that classic saying “to make money you need to spend money.”
Upon opening each Yogurtland franchise, the company requires a nonrefundable franchise fee of $35,000 for each shop opened. Plus, the development costs between $265,000 to $450,000, which varies based on the location and size of the establishment. Once you open, you’re still expected to hand over some more money with six percent in royalty fees and two percent in marketing fees, based on gross sales.
CEO Philip Chang states on the website, “Our franchisees are key to our continued success as we keep expanding globally, and it is our top priority to support them and drive profitable growth in both existing and new markets.” When all is said and done, Franchise Help estimates that opening a Yogurtland franchise takes anywhere from $300,000 to $700,000 to get started.