The offering circular states that the initial franchise fee ranges from $0 to $25,000, depending upon the number and type of franchises purchased by the franchisee, whether the franchisee is an existing franchisee of TCBY or its affiliates, and whether the franchisee purchases a franchise under certain National Sales Account Agreements. If the franchisee is granted a multiple unit franchise under the Development Agreement, the initial franchise fee for each store the franchisee develop will be reduced by a portion of the franchise Development Fee and may also be reduced in an amount equal to the franchisor’s multi-unit incentives.

The franchisor’s estimated required initial investment ranges from $65,900 to $175,500 for Other Concepts Stores, and $147,800 to $367,500 for Traditional Stores and New Build Test Stores. These ranges do not include real property acquisition or leasing costs, a salary or management fee for the owner, or any franchise fees that would be payable to TCBY’s Affiliates if the franchisee is simultaneously developing an affiliated co-brand in conjunction with the franchisee’s Other Concepts Store. In addition to the estimated required initial investment for TCBY Stores described above, the offering circular states that if the franchisee enters into a
Development Agreement, the franchisee will also pay a one-time Development Fee of up to $5,000 for each store the franchisee is granted the right to develop under the Development Agreement.

The estimated required investment for an existing franchisee who participates in the Store of the Future Program, signs a Renewal Agreement, and completes a required remodel of their Store ranges from $6,000 to $73,000.