Start-Up Costs and Fees |
||
| Yogurt Lab | HipPOPs | |
| Investment | 313500 - 557000 | 245175 - 351450 |
| Franchise Fee | ||
| Royalty Fee | 6% of Gross Revenues | |
| Advertising Fee | 1% local | |
| Year Founded | 2011 | 2012 |
| Year Franchised | 2013 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Yogurt Lab | HipPOPs | |
| Experience | ||
Financing Options |
||
| Yogurt Lab | HipPOPs | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Yogurt Lab | HipPOPs | |
| 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 | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
| Support | *Field operations + marketing support *Business coaching *Instructional videos + webinars | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Yogurt Lab | HipPOPs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | United Arab Emirates |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Yogurt Lab | |
| HipPOPs | |
| Franchise Fee | |
| Yogurt Lab | |
| HipPOPs | |
| Royalty Fee | |
| Yogurt Lab | 6% of Gross Revenues |
| HipPOPs | |
| Advertising Fee | |
| Yogurt Lab | 1% local |
| HipPOPs | |
| Year Founded | |
| Yogurt Lab | 2011 |
| HipPOPs | 2012 |
| Year Franchised | |
| Yogurt Lab | 2013 |
| HipPOPs | 2015 |
| Term Of Agreement | |
| Yogurt Lab | 10 years |
| HipPOPs | |
| Renewal Fee | |
| Yogurt Lab | |
| HipPOPs | |
Business Experience Requirements |
|
| Experience | |
| Yogurt Lab | |
| HipPOPs | |
Financing Options |
|
| Franchise Fees | |
| Yogurt Lab | |
| HipPOPs | |
| Start-up Costs | |
| Yogurt Lab | |
| HipPOPs | |
| Equipment | |
| Yogurt Lab} | |
| HipPOPs | |
| Inventory | |
| Yogurt Lab | |
| HipPOPs | |
| Receivables | |
| Yogurt Lab | |
| HipPOPs | |
| Payroll | |
| Yogurt Lab | |
| HipPOPs | |
Training & Support |
|
| Training | |
| 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 |
| HipPOPs | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
| Support | |
| Yogurt Lab | |
| HipPOPs | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
| Marketing | |
| Yogurt Lab | |
| HipPOPs | |
| Operations | |
| Yogurt Lab | |
| HipPOPs | |
Expansion Plans |
|
| US Expansion | |
| Yogurt Lab | |
| HipPOPs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Yogurt Lab | |
| HipPOPs | |
| International Expansion | |
| Yogurt Lab | |
| HipPOPs | United Arab Emirates |