Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

  • Anytime Fitness
  • CruiseOne
  • Firehouse Subs
  • Jimmy John's
  • Massage Envy
  • Menchie's
  • Orange Leaf Frozen Yogurt
  • Planet Fitness
  • The UPS Store
  • Yogurt Land
  • And Hundreds More...

No, thanks. I'm not interested in uncovering the actual earnings of hundreds of franchises at this time.

FDD Talk: Average Net Sales, Expenses, and Operating Profits of Yogurtland Frozen Yogurt Shops

by Franchise Chatter on May 15, 2012

in Franchise Earnings, Frozen Yogurt Franchises



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Preliminary Information

  • The revenue information presented below reflects the past financial performance of the combined Yogurtland system, i.e. of affiliates Withim Corporation, which operated one retail store for the full calendar year 2011; Higher Ground Development Corporation, which operated two retail stores for the full calendar year 2011; First Vine Partners LLC, which operated one retail store for the full calendar year 2011; PMC Enterprises Inc., which operated two retail store for the full calendar year 2011; and 99 franchised stores that were open for the full calendar year 2011.
  • Stores open less than one year have been omitted, of which there were 40 franchised stores and one retail store operated by affiliate PMC Enterprises, Inc.
  • The EBITDA (earnings before interest, taxes, depreciation, and amortization) information presented below includes certain fixed and controllable costs achieved by Yogurtland’s 6 affiliate-owned stores that were open for the full calendar year 2011.

Average Net Sales of Yogurtland’s Affiliate-Owned Stores, Franchised Stores, and Entire System



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{ 6 comments… read them below or add one }

platinumads July 6, 2012 at 6:39 pm

You have done some very thorough research on Yougurtland. I’m interested in knowing how long the franchise has been in business, hom any total stores are in the US, is the company operating the teh red and what is their long term strategy? How do I find this information?

Reply

Franchise Chatter July 6, 2012 at 9:34 pm

Hi platinumads,

Thank you for being a new member of Franchise Chatter’s FDD Talk.

Yogurtland was formed on November 13, 2006. As of the end of 2011, Yogurtland had 146 stores, but according to Larry Sidoti in our most recent interview (posted on June 16 this year), they now have 185 stores. Yogurtland is solidly profitable, earning a net income of $3,707,674 in 2011 (up from $3,197,892 in 2010, and $2,518,271 in 2009). As for their long-tern strategy, check out my 2-part interview with Larry Sidoti starting here: https://www.franchisechatter.com/2012/06/16/one-year-later-catching-up-with-larry-sidoti-vp-of-development-for-yogurtland-part-1/ (although Larry is keeping the specifics close to his chest, for competitive reasons).

Please check your email. I’ll be sending you more information on Yogurtland shortly.

Best regards,

Ambrosio

Reply

carissaburns February 25, 2013 at 2:20 pm

Do you have this same information for Menchie’s? Do you have a comparative analysis of this information across multiple FroYo franchises?

Reply

Franchise Chatter February 25, 2013 at 4:53 pm

Hi Carissa,

We do have an FDD Talk on Menchie’s as well, but the company only discloses gross revenue figures, not operating expenses and profits. And since our FDD Talk is based on Item 19, we can only analyze what each franchisor chooses to disclose. Yogurtland is the only major fro-yo franchise to our knowledge that provides this much information on operating profits.

Please visit our Archives section to check out all the frozen yogurt franchises we’ve covered — we have an FDD Talk for many of them. For as long as they have an Item 19 disclosure, we do our best to analyze them.

Best regards,

Ambrosio

Reply

acjc0014 April 2, 2013 at 3:52 pm

When do you think that you will have the numbers for 2012? Do you suspect a downturn at all? Seems like many of the local yogurt chains are pretty much getting phased out.

Sincerely,

Alex

Reply

Franchise Chatter April 2, 2013 at 4:16 pm

Hi Alex,

I expect the 2013 FDDs to be made public sometime during the spring or summer. I wouldn’t be surprised if the average gross sales figures retreat a bit as more and more stores open up. I do think the major national brands like Yogurtland will hold up better than the local mom-and-pop chains.

I will reach out to Yogurtland over the next few weeks to request for their 2013 FDD. Will keep you posted.

Best regards,

Ambrosio

Reply

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