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I Can't Believe It's Yogurt
210 Shields Court
Markham, ON, L3R 8V2 CANADA


Submit an online form to receive information from I Can't Believe It's Yogurt.
Business Description

We are the leading premier yogurt franchisor domestically and internationally. I CAN'T BELIEVE IT'S YOGURT is noted for developing smooth, creamy, sweet-tasting frozen yogurt in more than 100 self-serve flavor combinations in original, non-fat, and sugar- free varieties.

Franchisor Background

Year Established:  1977

Franchising Since:  1983

Operating Units:

Franchised Units:

400

29.9%
Company-Owned Units:94070.1%
 
Total Operating Units:
1,340
100.0%
 
Geographic Distribution:
U.S.:1,02576.5%In 33 States
Canada:00%In 0 Canadian Provinces
International:31523.5%In 0 Foreign Countries
 
Total:
1,340
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida15
2. North Carolina16
3. Texas33

Registered in Following Registration States: California, Illinois, Indiana, Minnesota, Oregon, Rhode Island, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $200K
Cash Investment:$50K
Total Investment:$110-203K
Average Total Investment:$156K
 
Fees:
Initial Franchise Fee:$15K
Average Franchise Fee:$15K
On-Going Royalty:0%
Average Royalty:0%
Advertising Fee:2.3%
 
Average Number of Employees: 2 Full-time, 6 Part-time

Space Needs (in square footage): 1,200

Preferred Sites: Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:2
Specific Industry Experience:3
Formal Education:2
Psychological Profile:2
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 60
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Not Applicable
 
Training:
1. Corporate Headquarters10 Days
2. Store1 Week
 
Expansion Plans
 
Projected New Units Over Next 12 months:

U.S.:

Yes, All United States
Canada:No
Overseas:Yes, All Countries
Submit an online form to receive information from I Can't Believe It's Yogurt.