The Franchise Key:
The Menchie’s franchise recently announced that 2010 proved to be a very successful year for franchise openings resulting in it becoming the nation’s fastest growing frozen yogurt franchise. According to the information provided, after only three years of franchising, Menchie’s has opened more than 60 frozen yogurt stores, 40 which opened this past year alone. In addition, Menchie’s has signed agreements for another 100 stores which are currently in development. Outside of its expansion across the United States, Menchie’s also opened two franchise stores in Canada and has contracts for locations in Mexico, Japan, Australia and Morocco, opening this coming year.
Amit Kleinberger, CEO of Menchie’s Global Headquarters, commented, “Our ‘check mate’ is providing a cup of yogurt filled with smiles as our customers see Menchie’s as a lifestyle brand in addition to being their favorite frozen yogurt destination. Our model – providing a superb product and the ultimate in-store experience – is an attractive one that promotes smiles, and sets us up for infinite future development. Based on current growth rates, we expect to open our 100th store within the next six months, and sign agreements for an additional 200 locations next year.”