How much a TCBY franchise will cost is certainly one of your first inquiries if you’re considering making an investment in one. The quick answer is that it depends on a number of variables, including the store’s location, size, and state, the franchise fee, and recurring costs. We’ll examine the price of purchasing a TCBY franchise in greater detail in this post, along with some related concerns regarding the frozen yogurt sector.
It’s important to think about whether TCBY is a worthwhile business to invest in before moving on to the prices. TCBY is ranked #7 in the category of frozen desserts and #307 overall in the Entrepreneur Franchise 500 rankings for 2021. With more than 300 outlets in the US and abroad, TCBY has been in operation for more than 40 years. Along with a wide selection of frozen yogurt flavors and toppings, TCBY also serves smoothies and parfaits.
One thing to keep in mind is that, in comparison to some other franchises, TCBY has a comparatively modest franchise cost. A TCBY business requires a $25,000 initial franchise fee, which is on the lower end of the scale. There are still further expenses to take into account, such as the recurring 5% royalty fee on gross sales and the 2% advertising fee.
What Sector of the Economy Is Frozen Yogurt? The broader category of frozen desserts includes frozen yogurt as a sort of dessert. Other foods in this category include ice cream, sorbet, and gelato. Given that it often has fewer fat and calories than ice cream, frozen yogurt has grown in popularity in recent years. Customers can choose from a choice of flavors and toppings at frozen yogurt establishments like TCBY. What Does it Cost to Open a Sweet Frog?
The startup expenditures for Sweet Frog, another well-known frozen yogurt chain, are comparable to those for TCBY. According to Franchise Direct, a Sweet Frog business requires a $30,000 initial franchise fee and a 5% recurring royalty fee of gross sales. Depending on criteria including location and size, the total investment needed to launch a Sweet Frog franchise can range from $197,500 to $385,000.
Another well-known frozen yogurt chain is Menchies, which is owned by Yogurtland Franchising, Inc. In 2020, Yogurtland purchased Menchies, resulting in a combined business with more than 700 stores worldwide. Along with many frozen yogurt flavors and toppings, Menchies also sells desserts and smoothies.
In conclusion, the price of purchasing a TCBY franchise varies depending on a number of variables, however the first franchise fee is $2,500. Compared to several other franchises, TCBY has a comparatively modest franchise cost and is a well-known brand. As a healthier substitute for ice cream, frozen yogurt has grown in popularity. It belongs to the larger genre of frozen desserts. Sweet Frog and Menchies are two additional well-known frozen yogurt chains with comparable prices and selections.