Best Frozen Yogurt Franchise Opportunities in the USA
Fun, creative, and delightfully healthy, frozen yogurt franchises are always an exciting option to consider. Frozen yogurt franchise opportunities represent one of the fastest-growing and most popular categories in the entire dessert industry — bar none. To get you started, we’ve listed some of the best frozen yogurt franchises below, so you can start comparing your options today.
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Frozen Yogurt Franchise Opportunities in the USA
As the frozen yogurt industry has matured, the leading frozen yogurt franchises have maintained growth not only by continuing to expand their footprint across the USA, but by expanding their menu offerings as well. The popular topping bar concept, for example, is becoming an industry standard, and many frozen yogurt franchises have begun to offer products such as vitamin-enriched smoothies, froyo cakes, and other similar treats.
Types of Frozen Yogurt Franchises for Sale
While the average franchise fee is only around $40,000, the total investment in the building, equipment, staff, etc. often amounts to over $100,000. Here are the types of frozen yogurt franchises that are finding success today:
- Self-Serve Frozen Yogurt: Customers apply their own toppings, and sometimes even mix their own yogurt.
- Indoor Locations: Pick up foot traffic from malls, movie theaters, high-end restaurants, etc.
- Outdoor Locations: These less-expensive frozen yogurt franchises provide outdoor tables and umbrellas so customers can enjoy their treats in fresh air.
- Mobile / Cart Frozen Yogurt: Typically the lowest-cost and most flexible option, mobile / cart-based frozen yogurt and shaved ice stores are like a modern version of the classic ice cream truck. These businesses need no retail location, and they don't rely so much on advertising to draw in the customers; instead they go to where the customer is, whether that be a playground, little league game, or other high-traffic area or event.
The Top Frozen Yogurt Franchises
- Kona Ice: Kona Ice has quickly become one of the most popular dessert franchises out there, earning our top rating because of its great combination of flexibility (it's a mobile, truck-based business), low costs (no need to build out an expensive store location), and owner success (over 75% of owners end up purchasing a second truck within 2 years).
- Farr's Fresh: This franchise provides the trifecta of frozen delectables: frozen yogurt, frozen custard, and ice cream, all in one location. The Farr's brand has a unique relationship with franchisees, as the only frozen yogurt franchise to manufacture its own products.
- 16 Handles: One of the best-recognized brands in frozen yogurt, 16 Handles offers the ultimate customization experience. Customers can fill their cup with any of the 16 flavors and load it with dozens of toppings.
- Maui Wowi Hawaiian Coffees & Smoothies: In a crowded dessert market, Maui Wowi stands out by offering a genuine Hawaiian escape to its customers, serving up gourmet Hawaiian coffees, smoothies, and tasty treats usually only available when vacationing on the islands.
- Ritter's Frozen Custard: While Ritter's does not sell frozen yogurt, it's just too good a brand to not make this list. Ritter's Frozen Custard is among the most popular frozen custard and ice cream franchises in the country.
|Ritters Frozen Custard||$500,000|
7 Options for Financing When Buying a Franchise
The primary difference between equity financing and debt financing is that with debt financing, you will have an obligation to pay back the borrowed sum at a stated interest rate, but you will retain control of the business; in equity financing you are giving up a part of the business to an investor or investors in exchange for their financing. The investors may claim some control of the business operations; they will also have some ownership in the assets and potentially will take a share in the earnings. You will not have a set debt obligation to repay as you would with a monthly loan payment to a bank. The investor will be taking a risk as to when and how much of the investment he or she will recoup, as well as whether there will be a return on the investment.
Choosing Between a Product and a Service Franchise
There are basically two types of businesses that can be offered by an individual. They can offer Products to their customers which are tangible goods meant for the customer's consumption or they can offer them Services which are intangible and work to make the life of the consumer easier and more convenient. With technologies advancing rapidly and the global demands of consumers changing there is a very thin line dividing the service and product segment of the consumers demands. An example of this can be the purchase of a car from an auto dealer. The dealer not only offers the vehicle at a competitive rate but now has to offer different services as well, such as financing options, after-sales services, ready documentation and other non- tangible services. This kind of merging has made it very difficult to draw a clear line as to the service and product industry but for the sake of argument we will consider a theoretical perspective where you have to choose a traditional product franchise or a service franchise.
Advice for Women Business Owners: How to Achieve Success and Sanity
Just imagine yourself as a successful female entrepreneur, running the type of business that keeps you fulfilled in life, while you have the freedom to live your dreams. What does this look like to you? Do you spend your days traveling the world with the love of your life? Do you work remotely from home so you can spend more time with your children while they are still young? Are you setting an example for young women who aspire to reach your level of success someday?