Frozen yogurt businesses

Question

This piglix contains articles or sub-piglix about Frozen yogurt businesses

Answer 1

Kiwi Yogurt

Kiwi Yogurt is a franchise of frozen yogurt outlets which started in 2008 in Cherry Hill, New Jersey. Since its first store, the franchise has expanded into Pennsylvania and elsewhere, which according to sources is "healthier than ice cream." In 2015, the franchise has since spread internationally to Lagos, Nigeria at the Palms Shopping Mall.

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Answer 2

Llaollao

llaollao

llaollao (pronounced as Yao Yao ) is a Spanish frozen yogurt franchise brand founded in Denia in the province of Alicante, Spain. As of March 2016, llaollao is present in more than 180 establishments in 33 countries worldwide including several countries in Europe and Latin America, Singapore, China, Russia, Cambodia, Malaysia and Indonesia.

In 1999, Pedro Espinosa left his job at British Petroleum to continue his family's business tradition in the world of gastronomy and opened the first Llaollao outlet. A year later, he expanded the business based on the franchising model. Currently, the company that incorporates healthy values (a medium-sized tub contains 46% of the Calcium Recommended Daily Allowance) and a fresh image, is a leader among its competitors.Singapore's Prime Minister, Lee Hsien Loong following his official visit to Madrid where he met Spain's King Felipe VI once referenced Llaollao and Zara as popular brands amongst around 200 Spanish companies present in Singapore. By July 2015, Llaollao had generated a total of 1,000 jobs during the five years that have passed since it launched its franchise model to the market. Llaollao opened its biggest outlet in the world in August 2015 at Suntec City, Singapore. Beginning 2016, Llaollao will commence a 70 outlet expansion in Japan.

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Answer 3

Orange Leaf Frozen Yogurt

Orange Leaf Frozen Yogurt (or simply Orange Leaf) is an Oklahoma City-based chain of self-serve frozen yogurt franchises founded in 2008. It has spread to over 300 locations in the United States and has also expanded internationally.

Previously known as Orange Tree Frozen Yogurt, it was founded in 2008. Mike Liddell and Reese Travis noticed a franchise was doing good business in Edmond, Oklahoma. They purchased a franchise in 2009, and Liddell purchased the company in 2010. Liddell then moved the company from California to Oklahoma, hired Travis as CEO, and changed the name to Orange Leaf.

In April 2011, it had 63 stores open in the United States, and it expanded to 111 locations in September 2011. As of October 2013, it has over 300 locations (by 2017 that number had reduced to less than 210 locations), and it plans an IPO in 2015.

Frostee Rucker and John Calipari have invested in franchises.

In 2014, an Indiana-based franchisee had filed a suit in federal court in Indianapolis that "Orange Leaf misled him and made false statements about store revenue to coerce him into opening shops outside of Indiana—in Illinois, Florida, and Tennessee." Orange Tree had filled a counter suit claiming breach of contract.

Orange Tree opened its first international franchise, located in Australia, in 2011 in Melbourne, Victoria. By the end of 2013, there were three locations in the state of Victoria plus a location at Bondi Beach, New South Wales. As of September 2015^[update], there are four locations in the states of Victoria and one location in New South Wales.

In 2014, CNBC reported that it has expanded into Asian markets, including China. Although it was announced in May 2014 that two stores were going to open soon in the Chinese city of Shanghai, no stores have open on the Asian continent As of September 2015^[update].

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Answer 4

Menchie%27s Frozen Yogurt

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Answer 5

Pinkberry

Pinkberry

Pinkberry is an franchise of frozen dessert restaurants headquartered in Scottsdale, Arizona. There are currently over 260 stores in 20 countries.

The first store was opened in January 2005 by Hye Kyung (Shelly) Hwang and Young Lee. The tart, frozen dessert has a groupie-like following.

Hwang's first business venture was to open a formal English teahouse on a tiny residential street called Huntley Drive in West Hollywood, California. However, after the city refused to approve an alcohol permit for Hwang and her business partner, architect Young Lee, they decided to go with their second plan, which was a frozen yogurt concept reviving the craze of the 1980s. People were soon driving across town and standing in line for up to 20 to 30 minutes to get their fix of "the taste that launched 1,000 parking tickets." The second store opened in September 2006, and since then, stores began springing up all over Southern California and also branches in New York. In October 2009, Pinkberry opened its first overseas branch in the State of Kuwait at the Avenues shopping mall.

On October 16, 2007, the firm took in a $27.5 million investment from Maveron, the venture fund founded by Starbucks founder Howard Schultz, to expand the firm's concept nationwide.

On May 1, 2009, Pinkberry announced its plans to expand its market both internationally and domestically, after receiving $9 million in second-round funding from investors. As part of its plans, Pinkberry has partnered with Kuwaiti retail conglomerate M.H. Alshaya Co. to open stores in several countries in the Middle East and signed with HMSHost to open locations in airports nationwide, the first of which will open in the late summer 2009. In 2010, the company will start to expand in the Southern United States. In April 2010, the original Pinkberry store in West Hollywood, still lacking adequate parking, was closed and converted into an administrative building for the chain.

The company's success led to the launching of numerous competitors offering similar product, as well as the entry into the U.S. market of Red Mango, an already-existing South Korean company with a similar business model. It was estimated that a single Pinkberry store receives more than 1,500 customers per day and can bring in $250,000 a month.

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Answer 6

Red Mango

Red Mango FC, LLC.

Red Mango FC, LLC., is a frozen yogurt and smoothie brand known for its all-natural frozen yogurt, fresh fruit smoothies, yogurt parfaits, and fresh juices. There are now more than 200 locations in over 25 states in the United States and 100 in Mexico and Central America. In 2011, Red Mango was named the No. 1 Zagat Rated chain in America for smoothies and frozen yogurt. The brand even started to run a vegan buffet chain in Hong Kong since 2015.

Daniel J. Kim, the company's founder, graduated from UC Berkeley’s Haas School of Business in 1998, and first worked as an investment banker with Donaldson, Lufkin & Jenrette. The first Red Mango store was opened in South Korea in 2003. From 2003 to 2007, the chain expanded to 130 stores.

According to the company website, Red Mango gets its name because “the mango, distinctly delicious and high in nutrition, becomes red at its optimal stage of ripeness.”

After opening their first store in California, Red Mango opened stores in Nevada, Utah, Washington, and New York. One year after the first store opened in Los Angeles, Red Mango opened 30 new stores. By the end of 2009, Red Mango had 60 stores in operation.

In the summer of 2010, Red Mango added 22 varieties of smoothies to their menu. They changed their signage to “Red Mango: Yogurt & Smoothies,” with Kim noting "it's really a fundamental shift of how we are defining ourselves in the business, away from the frozen-yogurt shop and really one that sells yogurt and yogurt-based products and smoothies." By the end of 2010, Red Mango awarded agreements for 147 locations and opened 62 new stores, bringing the total number of locations to 100. They were named #4 on Restaurant Business Magazine’s “Future 50” list of the fastest-growing chains in 2010. Red Mango plans to double their locations in 2011 and are currently on track to open 24 more stores in the first quarter alone.

In May 2012, the Dallas-based company entered into an agreement with Mexican theater chain Cinemex to introduce Red Mango products to Mexico. US expansion is planned to triple within a couple years.

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Answer 7

Spoon Me Frozen Yogurt

Spoon Me Frozen Yogurt

Spoon Me Franchising, LLC is a frozen yogurt and smoothie company based in Salt Lake City. The company attempts to distinguish itself from other frozen yogurt chains by focusing on and personal connections with customers. The company maintains an eco-friendly stance, with a philosophy of, "giving back to the community." Spoon Me's mission statement is, "the body we live in, the people we live with, the planet we live on." Spoon Me uses edible spoons to reduce the amount of waste their stores produce.

Spoon Me was founded in 2007, with the first store opening in Salt Lake City that same year. Founders Ryan Combe and Bub Hatch were inspired by the emergence of existing yogurt franchises across the US, Combe saying he “loved some of the products, but just having a good product is not enough." He and co-founder David James came up with the idea of marketing their stores as an engaging social experience.

The company began opening franchises in 2008, with the first franchise location in Sandy, purchased by Combe's aunt. Spoon Me began its expansion to Canada in 2009, with the opening of a franchised store in Calgary. Combe has declared plans to open more franchised stores in Canada, focusing on Vancouver and Alberta. The company opened their first New Jersey store, also franchised, in 2010. This was the first Spoon Me store to serve smoothies and fruit juice in addition to yogurt.

In 2009, Spoon Me was number 20 on the Utah Entrepreneurial Forum's (UVEF) list of "Top 25 Under Five" companies.

Spoon Me offers frozen yogurt, smoothies, juices, waffles and oatmeal. The company serves over 30 flavours of frozen yogurt, with at least 10 flavours available at each location. All flavours are fat-free, gluten free, and refined sugar-free. The yogurt contains very few calories, and has no artificial flavours, sweeteners, or colours. Customers can choose their own yogurt flavour at self-serve stations, and mix in their own toppings. There are 40 toppings to choose from, ranging from candies and cookies to fruit. Spoon Me frozen yogurt is priced by weight, at 30 to 40 cents per ounce.

Spoon Me offers about 15 kinds of smoothie. The smoothies have a frozen yogurt base, using either natural, green tea, or açaí yogurt. Customers can also add soy protein, multivitamins, energy, vitamin C, smart blend and many other nutritional supplements to their smoothie.

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Answer 8

Sweet Frog

Sweet Frog Enterprises, LLC.

Sweet Frog (stylised as sweetFrog - Premium Frozen Yogurt) is a chain of frozen yogurt retail stores owned and operated by Sweet Frog Enterprises, LLC. Sweet Frog customers create their own soft-serve frozen yogurt with numerous flavors and toppings from which to choose. Derek Cha, who immigrated to the United States from South Korea at the age of 12, is the founder of Sweet Frog. He started the first Sweet Frog store in Richmond, Virginia in 2009, at a time when the United States economy was in recession.. Cha founded Sweet Frog on Christian principles. The "FROG" part of the name, according to Cha, is actually an acronym for "Fully Rely on God".

The Sweet Frog stores' interiors are distinctively painted pink and green, and the typical store consists of seven or eight frozen yogurt machines, toppings bars and Sweet Frog merchandise, much of which is centered on Sweet Frog's mascots "Scoop" and "Cookie".

Derek Cha started Sweet Frog with only one store in 2009, and in four years Sweet Frog has grown to over 215 stores in 25 states in the U.S., with more stores located internationally in the Dominican Republic, the United Kingdom and Egypt. In its first 3 years of franchising, over 60 Sweet Frog stores were opened. By the spring of 2012, it was reported that Sweet Frog had 100 stores, and expected to have 200 by the end of the calendar year Cha's goal was to have 200 Sweet Frog stores by the end of 2012. An 24 April 2013, article reported that Sweet Frog had 240 stores at the time of that writing, which would include corporate-owned, licensed and franchised locations. It added that Sweet Frog had grown from 130 stores only seven months earlier in October 2012.By 2020, Cha stated that he would like to have 1,000 U. S. locations and 1,000 international locations

On April 17, 2012, Boxwood Capital Partners, LLC announced that it had made a growth capital investment in sweetFrog Enterprises, LLC. Boxwood's minority investment is being used to help fund Sweet Frog's expansion plans across the country and internationally. Subsequent to the investment, James Patrick Galleher, the Managing Director at Boxwood Capital Partners became the Chief Executive Officer of Sweet Frog Enterprises, LLC.

In 2014, sweetFrog was listed #22 on the Inc. 500 list of fastest growing private companies in 2014 with revenues of $34.4 million.

On February 2, 2015, it was announced that Boxwood Capital Partners, LLC had acquired sweetFrog Enterprises, LLC.

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Answer 9

TCBY

TCBY

TCBY (The Country's Best Yogurt, formerly This Can't Be Yogurt) is a U.S.-based chain of frozen yogurt stores. It is one of the largest U.S. retailers of soft-serve frozen yogurt.

The first TCBY store was opened in Little Rock, Arkansas, by Frank D. Hickingbotham in 1981. TCBY began franchising the following year, and by 1984 there were over 100 stores.

Prior to 1984, the company's name was "This Can't Be Yogurt," but a lawsuit from a competitor named "I Can't Believe It's Yogurt!" forced TCBY to create a new name from its initials, eventually using "The Country's Best Yogurt". TCBY began co-branding with Taco Bell, McDonald's, Subway, and Burger King in 1995.

Mrs. Fields acquired TCBY in early 2000 and became Mrs. Fields Famous Brands.

In the summer of 2010, the company opened a prototype store in Salt Lake City, Utah, operating under a different business model. Instead of customers ordering and being served in a traditional fashion, they serve themselves using any combination of available yogurt flavors, add their own mix of fruit or candy toppings, and pay by the ounce. In late 2011, TCBY opened its first outlet in Pakistan.

> Pct. of stores closed: 77.2% > Total stores: 405 > Stores closed: 1,372 > 2011 sales: $98 million > Pct. decline in sales: -60.4%

TCBY offers frozen yogurt in a variety of flavors. The chain typically serves hard scooped and soft serve yogurt, while newer concept stores only offer soft serve. The new concept stores follow a self-service model, with customers being charged by weight. Soft serve yogurt comes in Golden Vanilla, Chocolate, and White Chocolate Mousse flavors which are available daily, in addition to various rotating flavors. TCBY also serves drinks such as Berriyo yogurt smoothies and Frappe Chillers.

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Answer 10

Tutti Frutti Frozen Yogurt

Tutti Frutti Frozen Yogurt is an international retail brand of self-serve frozen yogurt. Tutti Frutti has over 100 outlets in California and other states in the US, Indonesia, Vietnam, Tahiti, and Mexico, and around the world.

Introduced in 2008 to the United States consumers, Tutti Frutti Frozen Yogurt expanded to many other countries, including Brazil and Malaysia in 2009, United Arab Emirates in 2010, and the United Kingdom in 2011.

Naza Tutti Frutti's operations include the expansion of the brand in Malaysia, Singapore, Thailand, Cambodia, and Brunei. Its first flagship store opened in October 2009. By the end of 2009, they had plans for another 4 stores, "25 outlets by the end of 2010, [double that] by 2012," or 30 outlets by March, 2011. In April 2012, the number of Tutti Frutti retail outlets has reached 90 overall, 85 of which are located in Malaysia.

Although it had never been a part of their franchise fees, they have tentative plans to implement the royalty fees in the year 2015.

Tutti Frutti United Kingdom (TFUK) enters the European market with its first store located in Covent Garden, Central London on December, 2011. As of November 2013 the Covent Garden (London) branch is closed.

TFUK has previously sponsored Danny Webb in the 2012 Grand Prix motorcycle racing in Qatar and Brad Binder,MotoGP rider.

In the February/March 2012 issue of United Kingdom's Better Business magazine, it was featured as a franchise with good prospects.

According to the store locator on Tutti Frutti corporate website, Texas, Louisiana, and Florida rank behind California in terms of having the most number of Tutti Frutti stores.

Internationally, Tutti Frutti is present in Australia, Brazil, Brunei, Cambodia, Canada, China, Colombia, Costa Rica, Dominican Republic, England, India, Indonesia, Jamaica, Macau, Malaysia, Mexico, Nigeria, Pakistan,Peru, Philippines, Russia, Qatar, Scotland, Singapore, Tahiti, Taiwan, Vietnam.

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