Start-Up Costs and Fees |
||
| Bowl of Heaven | Yogurt Lab | |
| Investment | 135500 - 328500 | 313500 - 557000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% of Gross Revenues |
| Advertising Fee | 3% Local 2%Nat'l | 1% local |
| Year Founded | 2010 | 2011 |
| Year Franchised | 2012 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bowl of Heaven | Yogurt Lab | |
| Experience | You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. | |
Financing Options |
||
| Bowl of Heaven | Yogurt Lab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Bowl of Heaven | Yogurt Lab | |
| Training | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store | |
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Bowl of Heaven | Yogurt Lab | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Franchise Fee | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Royalty Fee | |
| Bowl of Heaven | 6% |
| Yogurt Lab | 6% of Gross Revenues |
| Advertising Fee | |
| Bowl of Heaven | 3% Local 2%Nat'l |
| Yogurt Lab | 1% local |
| Year Founded | |
| Bowl of Heaven | 2010 |
| Yogurt Lab | 2011 |
| Year Franchised | |
| Bowl of Heaven | 2012 |
| Yogurt Lab | 2013 |
| Term Of Agreement | |
| Bowl of Heaven | 5 years +5+5+5 |
| Yogurt Lab | 10 years |
| Renewal Fee | |
| Bowl of Heaven | |
| Yogurt Lab | |
Business Experience Requirements |
|
| Experience | |
| Bowl of Heaven | You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
| Yogurt Lab | |
Financing Options |
|
| Franchise Fees | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Start-up Costs | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Equipment | |
| Bowl of Heaven} | |
| Yogurt Lab | |
| Inventory | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Receivables | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Payroll | |
| Bowl of Heaven | |
| Yogurt Lab | |
Training & Support |
|
| Training | |
| Bowl of Heaven | |
| Yogurt Lab | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
| Support | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Marketing | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Operations | |
| Bowl of Heaven | |
| Yogurt Lab | |
Expansion Plans |
|
| US Expansion | |
| Bowl of Heaven | |
| Yogurt Lab | |
| Canada Expansion | |
| Bowl of Heaven | |
| Yogurt Lab | |
| International Expansion | |
| Bowl of Heaven | |
| Yogurt Lab | |