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Pinkberry
Pinkberry is a frozen yogurt franchise, mostly located in Southern California and New York City. Pinkberry serves creative dessert yogurt dishes, all made with fresh, high-quality ingredients and Pinkberry’s signature tang. More about the cost of owning a Pinkberry franchise is below.
Facts & figures
In a short time, Pinkberry has established a leadership position in the competitive frozen yogurt industry, building a cult-like following while catering to the youngish crowd, but also families and professionals. Pinkberry is a global brand with a corporate team experienced in product rollouts and strong investment returns. The company offers franchisees flexibility in-store designs. Pinkberry cultivates a strong relationship with its franchisees and seeks to partner with experienced businesspeople who have a passion for frozen yogurt and the Pinkberry brand.
Pinkberry Franchise Opportunities – History
Pinkberry was founded in 2005 by Shelly Hwang and Young Lee, who opened their first store in West Hollywood, California. It didn’t take long for Pinkberry to attract crowds standing in line for their tart, frozen dessert, and the store soon began drawing a ‘groupie’-like following, which remains. The second store was opened in 2006, and several stores soon followed. In 2009, Pinkberry opened its first store abroad, in Kuwait. Pinkberry now has more than 170 stores worldwide.
How Much Does A Pinkberry Franchise Cost?
The initial franchise fee for Pinkberry is $45,000 per location. A 6% royalty fee on gross sales is paid to the company, as well as a marketing fee of 2% of gross sales. Pinkberry estimates a monthly sales potential of $250,000 per Pinkberry franchise store.
Pinkberry Franchise Business Opportunities: Other Information
Pinkberry was rated Number 1 in its category by Zagat and is one of the top 20 social media restaurant brands in America. Pinkberry encourages its groupies, even offering a Pinkberry Groupie membership.
