Menchie’s Ranked No. 1 on Franchise Times’ Fast & Serious
Frozen yogurt franchise recognized for rapid growth, “staying power,” according to “Franchise Times”
Menchie’s frozen yogurt franchise was awarded the No. 1 spot on “Franchise Times’ ” prestigious Fast & Serious listing, which ranks franchise systems based on growth and staying power.
At Menchie’s, we’ve grown from just one location in 2008 to more than 400 units open worldwide, with several hundred more in development. We already are the largest self-serve frozen yogurt franchise in the world, and we have every intention of growing into the legacy brand we know we can be.
“We are honored to be included in the Fast & Serious ranking, especially in the top position,” says CEO Amit Kleinberger. “Every Menchie’s team member strives to make our brand the best it can be, and we appreciate it when others in the franchise industry take notice.”
In response to what “Franchise Times” calls “multiple other rankings that include too many one-year wonders,” the magazine came up with a rating system that looked at percentage and dollar amount of sales growth, number of units added over the past three years, as well as percentage of growth. The ranking system gave more consideration to growth in years two and three. “Franchise Times” analyzed 298 franchise companies with more than $40 million in sales. The end result is a ranking, published in the March 2014 edition, that identifies “fast-growing franchise systems that also have staying power,” the magazine says.
Menchie’s has been gaining lots of attention lately, from Amit’s second appearance recently on Undercover Boss to our inclusion in “Entrepreneur’s” Franchise 500. The secret to our winning formula? Simple: We’re not really in the business of selling frozen yogurt; we’re in the business of making people smile.
It’s true every Menchie’s location has best-in-class frozen yogurt; our Private Label Collection features more than 100 flavors and 70 toppings. Guests love the inviting pink-and-green color palette in our locations, which are designed to create genuine connections and encourage guests to kick back, relax and enjoy themselves.
With our fast-paced growth and simple, scalable business model, we also have a way of making our franchisees smile. It’s the perfect business for people who love giving back to their communities and who value relationships. We’re seeking more passionate entrepreneurs to join our growing frozen yogurt franchise. The right candidate will have a net worth of $300,000 and a minimum liquidity of $100,000. The typical investment is about $320,000.
We would love to talk more about what you can bring to Menchie’s — and what Menchie’s can do for you. To find out if you might be the next owner of your very own Menchie’s frozen yogurt franchise, please fill out the form at right, or give us a call at 818-708-0316. We look forward to hearing from you!
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[…] Menchie’s is the world’s largest frozen yogurt franchise. “Franchise Times” even ranked us No. 1 on their Fast & Serious list, proof of our strong growth and staying […]