Is frozen yogurt franchise profitable?

Is a Frozen Yogurt Business Profitable? Some chain yogurt shops report and average of $750,000 – $800,000 in annual sales volume of assuming the location has been open 2 years or more (Source). Not this is a gross sales figure that does not factor labor, taxes, and other typical business expenses.

How much does a commercial frozen yogurt machine cost?

New machines on average start anywhere from, $4,000-$5,000; and can go to over US $17,000. Once you multiply that by the number of machines you may need in a self serve shop you will realize those are some hefty expenses.

What is a yogurt robot?

Reis & Irvy’s, a flagship subsidiary of the company, is the world’s first fully-automated robotic frozen dessert vending kiosk. The robots can dispense servings of frozen yogurt, ice cream, gelato and sorbet finished with a selection of six delicious toppings in less than 60 seconds.

How much does a Reis and IRVY’s franchise cost?

Reis & Irvy’s has a franchise fee of up to $60,000, with a total initial investment range of $183,450 to $683,900.

Which is the first fully automated frozen yogurt vending machine?

Reis & Irvy’s, a flagship subsidiary of the company, is the world’s first fully-automated robotic frozen dessert vending kiosk. Generation NEXT vets and secures locations that make sense for each of the franchisee’s operations. It focuses on places with a high volume of foot traffic and captive audiences.

How many Reis and Irvy frozen yogurt kiosks are there?

The company has a network both domestically as well as internationally with 325 Reis & Irvy’s robotic frozen yogurt kiosks deployed around the globe and close to a thousand more planned for this year. In total, the company has around 300 franchisees and pre-sales of about $160 million.

Can a robot dispense frozen yogurt all day?

It focuses on places with a high volume of foot traffic and captive audiences. “Reis & Irvy’s unattended robots can operate 24 hours a day. The robots can dispense servings of frozen yogurt, ice cream, gelato and sorbet finished with a selection of six delicious toppings in less than 60 seconds.

Who is the CEO of Generation Next frozen yogurt?

In a recent interview, Nick Yates, CEO of Generation NEXT Franchise Brands and Reis & Irvy’s spokesperson, shared how his company is changing frozen yogurt service through robotic vending machines. Generation NEXT Franchise Brands creates, develops and manufactures unattended retail and vending concepts, such as robotic vending technology.