6/10

Franchimp Summary Rating

5 /10
Higher than 58% of peers

Franchise Summary

Description
As a franchisee, you will operate a restaurant called Pinkberry, which provides a health-conscious, customer-oriented environment that specializes in frozen yogurt with fresh fruit and other toppings, and may offer a choice of yogurt, yogurt drinks, smoothies, frozen desserts, beverages, and other products and services.
Company Background
Pinkberry Shops is a frozen yogurt franchise that offers a health-conscious, customer-oriented environment. With Pinkberry Shops you can expect flavorful and healthy fro-yo with fresh fruit and other toppings in a variety of flavors.
Franchise Opportunity
Owning and operating a Pinkberry shop can be a profitable and rewarding experience, but it can also be time consuming and challenging. Opening a Pinkberry shop is not as simple as just putting up a sign and waiting for the customers to come in. There are many important decisions that need to be made in order to create a successful shop. We offer license agreements for Pinkberry shops that provide you with all the tools you need to open and operate a successful shop. With our help, you can focus on what you do best - serving delicious frozen yogurt with fresh fruit and other toppings.
Corporate Structure
Kahala Franchising, L.L.C is an Arizona limited liability company which was formed on December 29, 2008. Their parent company is Kahala Brands, Ltd., which is a Delaware corporation. Kahala Brands was formerly known as Kahala Corp. but changed its name to Kahala Brands in December 2014. Prior to that, Kahala Corp. was a Florida corporation and was redomiciled in Delaware on December 31, 2012. On July 26, 2016, Kahala Brands merged with a wholly-owned subsidiary of MTY Food Group, Inc. having an address at 8150 Transcanada Highway, Suite 200, Saint Laurent, Québec H4S 1MF. Kahala Brands’ parent company became MTY Franchising USA, Inc., a Delaware corporation incorporated originally as The Extreme Pita Franchising USA, Inc. on March 14, 2001, and having an address of of9311 E Via De Ventura, Scottsdale, Arizona 85258. MTY USA’s parent corporation is MTY Tiki Ming Enterprises Inc., a Canada corporation incorporated on February 13, 1979, and a wholly owned subsidiary of MTY Food Group, Inc., and having an address at 8150 Route Transcanadienne, Suite 200, Ville Saint-Laurent, Quebec, H4S 1M5, Canada.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Food Retail (Grocery, Specialty Foods) Industry

$509,707 / unit

Franchise Type: Standard

Average Revenue During 2022

$509,707
$509,707
Industry Low
$923,046
Industry High

Franchise Types Available

# Type Investment Fees

Distribution of Pinkberry Franchisees

Pinkberry Franchise System Development in 2022

FAQ

How much investment do I need to start my own Pinkberry business?
Franchisees typically require at least $269 to $607 investment to get their Pinkberry business started
What are the initial franchise fees for Pinkberry?
Franchisees typically need to pay at least $33 in fees directly to Pinkberry in order to earn the right to launch their business
How much money can I make with a Pinkberry franchise? What are the average revenues for a typical Pinkberry business?
We estimate that the average revenue of an individual Pinkberry unit is approximately $509,707. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Pinkberry unit? What is my contractual commitment?
Pinkberry franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

5 /10
The Franchisor's investment costs ranges from $269,440 to $607,050 which is Much Higher than the $0 to $0 average in the Food Retail (Grocery, Specialty Foods) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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