In 2014, Orange Leaf Frozen Yogurt was acquired by RL Cannon, LLC, a family owned holding company based in Oklahoma City. The Green Family, owners of RL Cannon, saw the potential for expanding Orange Leaf’s concept not only in the existing 32 states, but also around the world.
RL Cannon and the Green Family have been credited with creating sweet success for Orange Leaf. The acquisition was strategic for Orange Leaf as it allowed for both continued domestic and international growth opportunities and the ability to strengthen the company’s commitment to providing the freshest, highest quality frozen yogurt experience for customers.
RL Cannon has continued to invest in Orangel Leaf by introducing a new store design and renovation of existing stores. Furthermore, the acquisition has enabled Orange Leaf to provide a number of improvements to their product, such as more toppings, more varieties of frozen yogurt and health-minded products.
Who started orange leaf?
Orange Leaf Frozen Yogurt was founded by Reese and Kendra Travis in Oklahoma City, Oklahoma in 2008. The two entrepreneurs had previously worked in the financial services and telecommunications industries before deciding to found the company.
With a shared belief in the power of frozen yogurt to bring people together and create joy, they began Orange Leaf with two locally-owned stores in their hometown of Oklahoma City. The company has since grown to include hundreds of self-serve locations across United States, Canada, Australia, and Japan.
Orange Leaf stores offer customers frozen yogurt, with a total of more than 150 flavors in rotation each year. Customers are able to customize their own fro-yo creations with more than 50 toppings, many of which are made with real fruit.
The focus of the company is to bring an exceptional frozen yogurt experience to each customer, from the moment they enter the store. Whether it’s unique flavors, an inviting atmosphere, or colorful décor, Orange Leaf seeks to offer a truly memorable frozen yogurt experience.
With customers in mind, Orange Leaf has also introduced online ordering and a rewards program. In addition to their traditional stores, the company has launched several smaller locations to make frozen yogurt more accessible.
The mission of Orange Leaf is to make sure customers always leave the store happy and fulfilled.
How much is an Orange Leaf franchise?
An Orange Leaf franchise is a frozen yogurt concept that offers a broad range of flavors, toppings, and mix-ins. A single Orange Leaf franchise has a total startup cost ranging from $274,200 to $568,100.
This cost includes the initial franchise fee of $30,000, real estate, buildout expenses, equipment, inventory, insurance, marketing, and additional costs related to opening a new business. Additionally, Orange Leaf Franchisees must also pay monthly royalties of 5.
5% and an advertising fund contribution of 4,5% of monthly gross sales.
Why did orange leaf permanently close?
Orange Leaf permanently closed due to the economic effects of the COVID-19 pandemic. The pandemic caused a rapid shift in the way people shopped and how businesses operated, making it difficult for many businesses to stay in business.
Many Orange Leaf locations relied on customer foot traffic to remain profitable, and when the pandemic hit, most retail stores were shut down. This meant that customer foot traffic was significantly lower and made it near impossible for Orange Leaf to remain profitable.
Additionally, the decrease in traffic also made it harder to keep up with food safety standards, prompting Orange Leaf to close down permanently. It is possible that as people begin to return to regular shopping habits, some Orange Leaf locations may reopen, but for now, it seems that all locations have had to shut down for good.
What is the highest paid franchise?
The highest paid franchise can vary depending on many factors such as the industry, location, overall success and customer base. In general, the highest paid franchises across all industries tend to be those that require a substantial initial investment, often in the form of a franchise fee.
These investments typically lead to the greatest profits over time. According to a 2019 report from Franchise Business Review, the following are the highest paid franchises with the average annual gross sales listed in parentheses:
1. 7-Eleven ($2.99 million)
2. Subway ($417,000)
3. Dunkin’ Donuts ($1.22 million)
4. SERVPRO ($490,886)
5. JAN-PRO ($530,000)
6. Liberty Tax Service ($506,506)
7. The UPS Store ($477,221)
8. McDonald’s ($2.67 million)
9. Taco Bell ($1.68 million)
10. Pizza Hut ($847,000)
For new entrepreneurs, franchises should always be evaluated on criteria such as the initial cost, success rate, customer draw, and market saturation in order to determine the best option for their unique situation.
Do franchise owners get rich?
It is possible for franchise owners to become rich, as with any type of business or investment opportunity; however, it is also quite possible for franchisees to fail or not be as successful as hoped.
Including the capital available to start the business, the type and location of the franchise, the level of experience and expertise the franchisee possesses, the amount of time and effort they are willing to devote to their business, and the overall economic climate at the time of the franchise launch.
As franchise owners require a substantial investment of both capital and time to launch and maintain their business, it is important to consider all factors before committing to a particular franchise.
Research into the franchise industry is also beneficial, familiarizing franchise owners with the competition, operational costs, and best practices in the field. Additionally, partnering with an experienced franchise consultant is often a wise choice, as they can provide valuable insight and assistance in the franchising process.
For those looking to become rich as a franchise owner, it is important to remember that success is a long-term investment, and it doesn’t happen overnight. It requires hard work, commitment, and dedication, as well as a considerable amount of capital and a good sense of business acumen.
With the right amount of effort and dedication, the right franchise opportunity, and the right financial resources, it is possible to become rich through franchising.
Is Orangetheory franchise profitable?
Yes, an Orangetheory franchise can be profitable. Orangetheory has experienced massive growth since its founding in 2010, and with 2,700 studios located in nine countries, it continues to be one of the most popular and successful fitness franchises in the world.
The company offers a variety of membership and franchising options, allowing franchisees to build sustainable, profitable businesses. Franchisees benefit from an established brand, comprehensive training and support, and products and services that cater to the needs of its customers.
Franchisees who are successful typically invest in marketing, staffing, and operations to drive membership and sales, and often form partnerships with area businesses to cross-promote and gain exposure.
By focusing on customer experience, leveraging the Orangetheory brand, and making smart investments, Orangetheory franchisees can create profitable, thriving businesses.
What are the cheapest franchises to buy into?
When considering the cheapest franchises to buy into, there are many factors to take into account. Franchises provide business owners with proven operating systems, marketing programs and commercial relationships, but the franchise fees can vary widely depending on the franchise, the market area and the owner’s experience and financial situation.
Many franchises offer considerable discounts to veterans or those who can qualify for Small Business Association loans, so it pays to explore those options if you are eligible. Some of the most affordable franchises are in the services industries, such as meal delivery, home health care, business services and home cleaning.
Low-cost franchises may require lower up-front fees, but in many cases there are other fees that may not be apparent at first; for example, some franchises require royalty fees and/or fees for supplies or advertising.
Before signing on the dotted line, prospective franchisees should evaluate the business’s sustainability, industry trends, and the franchisor’s support and track record in training and developing new owners.
It also pays to look into the research and due diligence required for a successful franchise, including legal, financing and operational elements. It may be that the cheapest franchise today will be expensive in the long run if it fails to meet market demands or provide adequate resources and support.
In the end, the cheapest franchises may be those that offer the greatest value over the long term, which requires buyers to evaluate the entire package of the franchise, rather than just its start-up costs.
How much do franchise owners make a year?
The amount a franchise owner can make in a year depends on a variety of factors, such as the type of franchise, the location of the franchise, current economic conditions, the level of the owner’s involvement in the business, and the success of the franchise.
Some franchise owners make as much as six figures a year, while others may make significantly less.
In general, the most successful franchisees are usually the ones who are most dedicated and involved in the day-to-day operations of the business. Many franchisees work more than 40 hours per week and hire a staff to manage the business.
By doing this, they can often increase their profits, sometimes dramatically.
Ultimately, with the right franchise and the right attitude, it is possible for franchise owners to make well into the six-figure range annually. Statistics show the average franchise owner earns around $100,000 a year, making it a lucrative endeavor for those willing to put in the hard work necessary to make it work.
What is a normal franchise fee?
A normal franchise fee is the cost of buying a license to operate a franchised business. Fees vary by company and can range from a few thousand dollars to several hundred thousand dollars. In addition, many franchisors charge an ongoing royalty fee, which is normally a percentage of the gross revenue of each franchise business.
The royalties can range from 4-12% and can be used by the franchisor to cover ongoing training, marketing and other support services. Finally, some franchisors may require an initial marketing fee to cover advertising and local marketing efforts.
In summary, the amount of the franchise fees vary greatly depending on the company and the specific business being purchased.
Is Orange Leaf yogurt or ice cream?
Orange Leaf is not yogurt or ice cream. It is a unique frozen dessert concept that offers self-serve frozen yogurt, premium soft-serve ice cream, Italian gelato, custards, sorbets and smoothies. Customers can choose from a variety of flavors and mix-ins that can be customized to suit individual tastes.
Orange Leaf offers a health-conscious option for dessert lovers, with more than 54 flavors that rotate seasonally and more than 50 premium toppings. It is often considered a healthier alternative to traditional ice cream.
Is orange leaf real yogurt?
Yes, Orange Leaf is a real yogurt. They offer a variety of flavors made from low fat cows milk and non-fat milk. In addition to traditional flavors like strawberry, peach and blueberry, they also offer specialty flavors like vanilla bean, mango and taro.
Their toppings bar offers a wide array of options for topping off your frozen yogurt bowl. Some of their toppings include fresh fruit, candy pieces, granola, nuts, and even cookies. Orange Leaf’s selection of yogurts meet all criteria to be called real yogurt.
Dairy milk is the main ingredient, which is then cultured with Yogurt bacteria to transform it into yogurt. This produces lactic acid which causes it to thicken and provides the tart taste. On top of their selection of yogurt, they also offer a vegan and non-dairy selection for those who are looking for something a little different.
All in all, Orange Leaf is a great and healthy way to enjoy a refreshing snack.
Is frozen yogurt healthier than ice cream?
Generally speaking, yes, frozen yogurt is a healthier alternative to ice cream. Frozen yogurt is typically lower in fat and calories than ice cream, as it is made with less cream, although the difference between the two can vary.
Additionally, frozen yogurt often contains beneficial probiotics and is made with yogurt cultures, making it a great source of healthy bacteria and good bacteria. The fat content in frozen yogurt can also vary depending on the type and flavor, with some including more cream than others.
Some varieties even contain no cream at all, so it can really depend on the type you get. While ice cream is a delicious treat, opting for frozen yogurt can be a good way to enjoy a healthier treat without as much fat and sugar.
What is ice cream yogurt called?
Ice cream yogurt is a type of frozen dessert that combines traditional ice cream with yogurt. It is a hybrid of the two popular desserts that offers a unique taste and flavor. Ice cream yogurt is generally made of milk, cream, sugar, live active cultures, and optional fruit puree, resulting in a lighter and tangy flavor.
It is also lower in fat than regular ice cream, making it a popular choice for those looking for a healthier treat. Ice cream yogurt can be found in a variety of flavors in both the frozen aisle and the soft serve machines at various ice cream shops.
What is a healthy substitute for ice cream?
A healthy alternative to ice cream is frozen yogurt. This treat has fewer calories, fewer added sugars, and a fraction of the fat. Plus, most brands offer a variety of delicious flavors. Frozen yogurt also includes beneficial probiotics, which are good for your gut health.
Another healthy alternative to ice cream is banana “nice cream”. Simply freeze over-ripe bananas and blend them with a couple add-ins such as nut butter, nut milk, berries, cinnamon, and/or cocoa powder.
The end result is a creamy and delicious treat that has more fiber and fewer calories than traditional ice cream. Additionally, you can also make different types of ice pops. Simply blend just about any fruit and veggie combination with a variety of juices.
Then pour the mixture into popsicle molds and freeze! These pops can be fun to make with children too. All in all, there are lots of healthy alternatives to ice cream that can satisfy your sweet tooth without the unhealthy calories and added sugars.