Founded in L.A. in 2004 Shelly Hwang, and her partner Young Lee have created the next hot franchise called Pinkberry.
Pinkberry offers yogurt flavors with the customer's choice of fresh berries, granola, even Fruity Pebbles cereal. It's pricey stuff, with the average cheque about $5.50, a large green tea with three toppings costs nearly ten bucks. Stores are doing in excess of $250,000 per month.
The company receives over 3000 requests from aspiring franchisees, willing to pay a $40,000 franchise fee for the rights to sell the treat, then kick in 7% of monthly sales for royalties and marketing.
Pinkberry's success so far is greatly attributed to a hugely successful social media campaign that has skyrocketed the company to one of the top ten Quick Service Restaurants in the U.S.
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