Because of the costs associated with opening a franchise, prospective TCBY owners must be able to prove a minimum net worth of $200,000. This will ensure that owners can meet the financial costs of establishing a new franchise. The itemized costs below will give you a good idea of how much investment is necessary to own a TCBY franchise:
Initial Franchise Fee:
$25,000$12,500
Ongoing Royalties:
6% of Gross Sales
Advertising Fee:
3% of Gross Sales
Initial Training Fee:
No charge for first two individuals
Initial Term of Agreement:
10 years for traditional location or
5 years for non-traditional location
Total Estimated Initial Investment:
$142,300 - $347,200*
*A complete inventory of associated cost is disclosed in item 7 of the Uniform Franchise Offering Circular. These figures do not include real estate lease costs, and may vary with actual circumstances.
INVESTMENT
$12,500 