A typical Menchie's franchisee invests approximately $310K, including working capital, to open their Menchie's yogurt franchise. To be approved for a Small Business Administration (SBA) loan, the typical franchisee needs $90K in liquid assets and approximately $350K net worth. In addition, the franchisee should plan for additional living expenses or possess other sources of income.
Furniture, Fixtures, and Equipment – 140K
Store Build-out/Construction – 150K
Franchise Fee – 40K
Minus Tenant Improvement Allowance – 20K average
Total Average Cost: $310K
The amount you may invest depends on factors such as the frozen yogurt franchise location, total square footage and landlord's tenant improvements.
Menchie's is on the SBA National Registry. Additionally, Menchie's Franchise Development Managers have experience assisting froyo franchise candidates with other sources of financing including home equity lines of credit and self-guided IRAs.
Menchie's provides a top-notch product. We care about what we offer our guests and that's important to me.