Americans love frozen yogurt. A brand to consider is Pinkberry. The brand was established in 2005 and began offering franchise opportunities a year later in 2006. Since then, the brand has expanded to more than 100 locations across the U.S. Pinkberry is looking for area developers and multi-unit and single-unit operators who are passionate about customer service and meet the financial requirements. Pinkberry frozen yogurt franchises range from 400 – 1,500 square feet in size, including traditional street front, kiosks, in-line locations, and more. Pinkberry stores do well in neighborhoods, shopping centers, malls, airports, and even on college campuses. Qualified candidates have a minimum liquidity of $125,000 a minimum net worth of $250,000, and ability to access credit. Since you'll be provided with support and training, you don't necessarily need prior experience.
In terms of support and training, you can expect an initial training program that covers everything you need to know about the running the business. This program is broken down into classroom and on-the-job training. During this time, you'll learn about marketing and advertising, food prep, hiring, managing finances and more. You'll also be provided with grand opening and site selection assistance. Support and training are ongoing. To incentivize veteran ownership, military personnel are given 20% off of the one-time initial franchise fee, which is $35,000. Royalty fees are 6% of gross sales. Franchisees benefit from a proven system, flexible store formats, and more. You'll also be provided with an exclusive territory, which decreases your competition since you'll be the only Pinkberry representative in your territory. The brand values customer experience and emotional connections.