Reis & Irvy's operates robotic kiosks that dispense frozen yogurt and other soft serve treats. The franchise offers a unique vending experience, serving customers at various venues like museums, hotels, and schools.
Key Insights
- Reis & Irvy's began as a visionary endeavor to reimagine frozen desserts. The business has evolved from its inception into a recognized provider of convenient and enjoyable frozen treat experiences. Its operational model focuses on delivering quality products directly to consumers through accessible locations.
- The franchise operates through a unique, self-serve model, placing innovative frozen dessert machines in high-traffic areas. This approach simplifies operations for franchisees, allowing customers to create their own custom frozen treats. The focus is on a streamlined, customer-centric experience.
- Reis & Irvy's participates in the frozen dessert and convenience food sectors, markets known for consistent consumer demand. The business aims to capture market share by offering a differentiated product and an engaging, self-service consumption method.
Franchise Fee and Costs to Open
Exploring the financial picture of Reis & Irvy's gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $139,950 - $1,114,150, along with a franchise fee of $10,000 - $100,000.
Financial Performance and Revenue
Training and Resources
Reis & Irvy's provides comprehensive training and resources to new franchisees. The initial training program is a 5-day immersive experience. This training is conducted at Reis & Irvy's headquarters. The franchisor offers ongoing support and recommends operational best practices. Resources provided include operational manuals and marketing materials.
Legal Considerations
Legal considerations for a Reis & Irvy's franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Reis & Irvy's franchise may involve navigating a competitive local market, requiring distinct strategies to attract and retain customers. The business model's reliance on a consistent supply of specialized ingredients presents an operational consideration, demanding robust inventory management. Ensuring peak machine uptime is crucial, impacting service delivery and customer satisfaction.
Franchise Datasheet
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