How Much Does a Pinkberry Franchise Cost?Pinkberry franchise is currently looking for qualified area developers with cash liquidity of $500,000 per location per store. If do you have $500,000 available, read on.
Pinkberry franchisees enter the Pinkberry Franchise System by paying the non-refundable franchise license fee of $45.000 just to get started. You will be on your own for the build out and land costs. Location selection has to be approved by Pinkberry and build out must conform to Pinkberry standards. You will also be expected to incorporate Pinkberry décor and wear Pinkberry uniforms. There is an initial 2-week training program for the primary operating principal and a 3-week training program for both the General Manager and the Assistant General Manager. Pinkberry's training team will also assist you in the opening of each store.
Pinkberry wants franchisees with multi-unit food operations experience, Local area knowledge, and real estate expertise that are willing to comply with Store Design Standards. The franchisee must agree to spend at least $2,000 on a grand opening marketing program, along with an additional $2,000 per month on a Marketing Launch Program for the first three months in business. In addition, franchisees must contribute 2% of Gross Revenue per royalty period to the Marketing Fund and 6 % of Gross Revenue per royalty period.
If you are new to franchising, we suggest you speak with a franchise consultant about your goals before jumping into any franchise opportunity.
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