What experience do I need to have to become a Yogurt Persa franchise owner?
Within Ecuador, we have opportunities for single unit and multiple-unit expansion. In areas outside Ecuador, we are primarily seeking multi-unit franchise operators through Area Development Agreements. Franchise owners will be expected to maximize market share in their territories, comply with Yogurt Persa standards, support Yogurt Persa’s strategies, provide accurate financials, and constructively participate in the franchise system. We seek franchisee prospects who have business ownership and people management experience; prior foodservice operations experience is also highly preferred. In exchange for your commitment to the Yogurt Persa brand and system, we will provide the training, tools, recipes and resources you need to open your franchise and operate it effectively.
What is provided as part of the Yogurt Persa program?
We will provide a comprehensive pre-opening training program, at a corporate or other designated location. Then, representatives of the Yogurt Persa franchise support team may spend time assisting you and your staff on-site at your location, around the time of your Grand Opening. In addition, you will have access to our exclusive product recipes; and we will present you with a copy of our confidential operations manual to help run your business properly on a day-to-day basis.
How much will the Yogurt Persa program investment cost me?
The total initial investment necessary to begin operations of a single store ranges from $62,200 to $93,350. This includes a $15,000 initial franchise fee for the first unit subsequent units require a $12,000 initial fee. As with any new venture, it’s important to have adequate capital to fund the initial business growth stages.
Is financing available?
No. We do not provide direct financing to franchisees, but we may refer to financing sources on a case by case basis.
Are there ongoing fees to pay?
We charge a royalty fee equal to 7% of gross revenues. These fees allow us to fund our ongoing support services and the continued development of recipes, products and supply channels, marketing tools, training programs, and systems upgrades.
Are there any advertising fees?
Franchisees will be required to spend a minimum of 3% of gross revenues on local marketing within their territories. Yogurt Persa franchisees will also contribute up to 1% of gross revenues into the system marketing fund. Collected funds will be used to develop marketing strategies to promote the Yogurt Persa brand and fund the creative costs to develop local marketing materials and campaigns.
What is the term of the franchise agreement?
The initial term of your agreement is five years, with three subsequent successor agreement options of five years each.
How do I get started?
If you're interested in learning more about how to open a Yogurt Persa franchise in your local area, click here to request more information. Or you can contact us at (+59 3) 0980020200 or firstname.lastname@example.org to discuss the possibility of setting up a meeting, speaking with our key management staff, and receiving our franchise legal documents, which contain the important details you'll need to make an informed decision.