NuYo FDD – Franchise Information, Costs and Fees
Type of Business
You will operate NuYo® Frozen Yogurt retail store through a license granted to you by NuYo® Frozen Yogurt, Inc., under the NuYo® Marks and using the NuYo® system.
Corporate Information
NuYo® Frozen Yogurt, Inc. was incorporated in California under the name Pure Frozen Yogurt, Inc. on January 2, 2008, and later amended its Articles of Incorporation to change its name to NuYo® Frozen Yogurt, Inc. on April 25, 2008. Their principal place of business is 5905 Granite Lake Drive, Suite 110, Granite Bay, CA 95746. They began marketing franchises in January of 2010.
Investment
The Initial Franchise Fee is $30,000. The estimated required initial investment ranges from $174,300 to $440,500. The estimated required initial investment expenses do not include any amounts necessary to lease or purchase the real property at the location which you choose to operate the Store as such costs vary widely by location. You are required, as part of the Franchise Agreement, to purchase initial supplies, inventory and proprietary products at the approximate cost range of $90,800 to $229,000. This amount exceeds the Franchisor’s shareholder equity which, as of December 31, 2020, was $35,042. You will also be responsible for all costs relating to the purchase of other miscellaneous inventory items, Store furniture, improvements, pre-opening staffing expenses, management and training expenses. The aforementioned approximations include all initial fees as required to be paid by the franchisor or affiliate at Item 5 of the Franchise Agreement.