Frozen yogurt franchises specialize in selling frozen yogurt products and are a popular choice for entrepreneurs looking to enter the food industry due to their well-established business model, franchisor support, and access to a proven product line. These franchises offer a wide range of flavors and toppings, allowing customers to customize their orders according to their preferences. As a healthier alternative to traditional ice cream, frozen yogurt has gained popularity in recent years. The industry has seen significant growth with new franchises opening worldwide, driven by the increasing demand for healthy and customizable on-the-go treats.
IBISWorld has reported that the frozen yogurt industry is expected to see a growth rate of 2.2% per year from 2021 to 2026 in the US, with a market size of $1.4 billion. This growth can be attributed to factors such as the increasing trend towards health-consciousness and the growing popularity of customizable treats. While the average revenue for frozen yogurt franchises in the US is between $200,000 to $800,000 per year with a profit margin of 10-15%, it varies depending on the size and location of the franchise.
The frozen yogurt franchise industry has seen some notable trends in recent years. Here are the some of them:
The cost and required initial investment for a frozen yogurt franchise can vary widely depending on the franchisor, location, and size of the franchise. Here are some general estimates:
Overall, the total initial investment for a frozen yogurt franchise can range from $150,000 to $500,000 or more, depending on the franchisor and location.
Here are some more specific points to pay attention to when opening a frozen yogurt franchise:
Founded in: 2008
Franchising since: 2008
Franchise units in operation: 200+
Initial investment range: $200,000 - $350,000
Royalty: 6%
Tutti Frutti is a popular frozen yogurt franchise that was founded in 2008. The franchise has been franchising since the same year, and has grown to over 200 units in operation. The initial investment range for a Tutti Frutti franchise is between $200,000 - $350,000, and the royalty fee is 6%.
Founded in: 2005
Franchising since: 2006
Franchise units in operation: 260+
Initial investment range: $300,000 - $600,000
Royalty: 6%
Pinkberry is a popular frozen yogurt franchise that was founded in 2005. The franchise has been franchising since 2006, and has grown to over 260 units in operation. The initial investment range for a Pinkberry franchise is between $300,000 - $600,000, and the royalty fee is 6%.
Founded in: 2008
Franchising since: 2008
Franchise units in operation: 350+
Initial investment range: $303,700 - $528,400
Royalty: 5%
Orange Leaf is a popular frozen yogurt franchise that was founded in 2008. The franchise has been franchising since the same year, and has grown to over 350 units in operation. The initial investment range for an Orange Leaf franchise is between $303,700 - $528,400, and the royalty fee is 5%.
Founded in: 2008
Franchising since: 2008
Franchise units in operation: 35+
Initial investment range: $260,000 - $502,000
Royalty: 6%
16 Handles is a popular frozen yogurt franchise that was founded in 2008. The franchise has been franchising since the same year, and has grown to over 35 units in operation. The initial investment range for a 16 Handles franchise is between $260,000 - $502,000, and the royalty fee is 6%.
Founded in: 2007
Franchising since: 2008
Franchise units in operation: 540+
Initial investment range: $349,000 - $782,000
Royalty: 6%
Menchie's Frozen Yogurt is a popular frozen yogurt franchise that was founded in 2007. The franchise has been franchising since 2008, and has grown to over 540 units in operation. The initial investment range for a Menchie's Frozen Yogurt franchise is between $349,000 - $782,000, and the royalty fee is 6%.
Founded in: 2006
Franchising since: 2007
Franchise units in operation: 300+
Initial investment range: $324,500 - $485,000
Royalty: 6%
Yogurtland is a popular frozen yogurt franchise that was founded in 2006. The franchise has been franchising since 2007, and has grown to over 300 units in operation. The initial investment range for a Yogurtland franchise is between $324,500 - $485,000, and the royalty fee is 6%.
Founded in: 2007
Franchising since: 2008
Franchise units in operation: 1,200+
Initial investment range: $136,750 - $155,800
Royalty: 6%
Kona Ice is a unique mobile shaved ice and frozen yogurt franchise that was founded in Kentucky in 2007. The franchise has a fun and colorful Hawaiian theme, and offers a wide variety of shaved ice and frozen yogurt flavors. Kona Ice operates out of self-contained mobile trucks, which can be taken to events such as fairs, festivals, and private parties. The company is dedicated to giving back to the community, and often partners with local schools and non-profits.
Founded in: 1982
Franchising since: 1997
Franchise units in operation: 400+
Initial investment range: $75,650 - $305,000
Royalty: 5% of gross sales
Maui Wowi is a franchise that specializes in Hawaiian coffee and smoothies, as well as frozen yogurt. The franchise was founded in Hawaii in 1982, and has since expanded to over 40 states in the U.S. Maui Wowi is known for using high-quality, all-natural ingredients in its products, and for its unique tiki bar-style stands that are used at events and venues. The company also offers a catering service for corporate events, weddings, and other special occasions.