Yogli Mogli is a popular self-serve frozen yogurt franchise known for its wide variety of flavors and extensive selection of toppings. Established in 2009, Yogli Mogli has quickly become a favorite among frozen yogurt enthusiasts for its high-quality products and inviting atmosphere. The brand aims to provide a fun, healthy, and personalized experience for its customers, making it a go-to destination for families, friends, and individuals looking for a delicious and refreshing treat.
Yogli Mogli prides itself on offering premium frozen yogurt made from the finest ingredients. The yogurt is not only delicious but also nutritious, with options that cater to various dietary preferences, including non-fat, low-fat, and dairy-free choices. The self-serve model allows customers to have complete control over their creations, from the amount of yogurt to the selection of toppings, making each visit a unique and enjoyable experience.
Yogli Mogli Franchise Cost
Investing in a Yogli Mogli franchise requires a detailed understanding of the costs involved. Like any franchise, the initial investment can vary depending on factors such as location, store size, and build-out requirements. Here’s a breakdown of the typical costs associated with opening a Yogli Mogli franchise:
Franchise Fee: The initial franchise fee for a Yogli Mogli store is approximately $35,000. This fee grants the franchisee the right to operate under the Yogli Mogli brand and access to the company’s support and training programs.
Initial Investment: The total initial investment for a Yogli Mogli franchise ranges from $250,000 to $400,000. This includes costs for leasehold improvements, equipment, signage, initial inventory, and other startup expenses.
Royalty Fee: Yogli Mogli charges a royalty fee of 6% of the gross sales. This fee is used to support ongoing franchisee services, including marketing, training, and operational support.
Marketing Fee: Franchisees are required to contribute 2% of their gross sales to a national marketing fund. This fund is used to promote the Yogli Mogli brand and drive customer traffic to all franchise locations.
Yogli Mogli Franchise Conditions
Before becoming a Yogli Mogli franchisee, there are specific conditions and requirements that must be met. These conditions ensure that the franchisee is well-prepared to operate a successful Yogli Mogli store and uphold the brand’s standards.
Financial Qualifications: Prospective franchisees must have a minimum net worth of $500,000 and liquid assets of at least $200,000. This financial stability ensures that the franchisee can support the initial investment and manage the store’s ongoing operational costs.
Experience: While previous experience in the food service or retail industry is beneficial, it is not a mandatory requirement. Yogli Mogli provides comprehensive training and support to help franchisees succeed, regardless of their prior experience.
Commitment: Franchisees must be committed to the success of their Yogli Mogli store and be willing to actively manage the day-to-day operations. This hands-on approach ensures that the store maintains high standards of customer service and operational efficiency.
Location: The location of a Yogli Mogli store is crucial to its success. Franchisees must work closely with the Yogli Mogli team to select a suitable site that meets the brand’s criteria for visibility, accessibility, and customer traffic.
See Also: Self Serve Yogurt Franchise Costs, Profit & Requirements for 2024
Yogli Mogli Franchise Process
The process of becoming a Yogli Mogli franchisee involves several steps, each designed to ensure that both the franchisee and the brand are well-aligned for a successful partnership. Here’s an overview of the franchise process:
Initial Inquiry: The process begins with the prospective franchisee submitting an inquiry form on the Yogli Mogli website. This form provides basic information about the applicant and their interest in the franchise.
Preliminary Interview: After reviewing the inquiry form, a representative from Yogli Mogli will contact the applicant to conduct a preliminary interview. This interview helps determine if the applicant meets the initial qualifications and is a good fit for the brand.
Franchise Disclosure Document (FDD): If the applicant passes the preliminary interview, they will receive the Franchise Disclosure Document. The FDD contains detailed information about the franchise, including financial performance, franchisee obligations, and the franchisor’s responsibilities.
Review and Approval: The applicant must review the FDD thoroughly and consult with legal and financial advisors. If they decide to proceed, they will submit an application for approval. Yogli Mogli will evaluate the application and conduct additional interviews as needed.
Discovery Day: Approved applicants are invited to a Discovery Day at the Yogli Mogli headquarters. During this visit, they will meet the executive team, tour the facilities, and gain a deeper understanding of the brand’s operations and culture.
Signing the Franchise Agreement: If both parties agree to move forward, the franchise agreement is signed. The franchisee pays the initial franchise fee and begins the process of securing a location and preparing for the store’s opening.
Training and Support: Yogli Mogli provides comprehensive training programs covering all aspects of store operations, including customer service, inventory management, marketing, and more. Ongoing support is also provided to ensure the franchisee’s success.
Yogli Mogli Franchise Advantages
There are several advantages to owning a Yogli Mogli franchise, making it an attractive investment for aspiring entrepreneurs. Here are some of the key benefits:
Established Brand: Yogli Mogli is a well-recognized and respected brand in the frozen yogurt industry. Franchisees benefit from the brand’s established reputation and loyal customer base.
Comprehensive Training and Support: Yogli Mogli provides extensive training and ongoing support to help franchisees succeed. This includes assistance with site selection, store design, marketing, and operational management.
Flexible Business Model: The self-serve model allows for flexible store layouts and efficient operations. This model also provides customers with a fun and interactive experience, encouraging repeat visits.
Health and Wellness Focus: Yogli Mogli’s commitment to offering high-quality, nutritious frozen yogurt appeals to health-conscious consumers. The variety of flavors and toppings also caters to different dietary preferences and needs.
Marketing and Promotional Support: Yogli Mogli’s national marketing fund helps drive customer traffic to franchise locations. Franchisees also benefit from local marketing support and promotional materials to boost their store’s visibility.
Community Engagement: Yogli Mogli encourages franchisees to engage with their local communities through events, fundraisers, and partnerships. This community involvement helps build strong customer relationships and brand loyalty.
Conclusion
Yogli Mogli offers a compelling franchise opportunity for those looking to enter the frozen yogurt industry. With its established brand, comprehensive training and support, and focus on high-quality products, Yogli Mogli provides franchisees with the tools and resources needed for success. The self-serve model and extensive selection of flavors and toppings create a unique and enjoyable experience for customers, ensuring repeat business and strong community engagement. Investing in a Yogli Mogli franchise can be a rewarding and profitable venture for aspiring entrepreneurs.
