Pinkberry FDD Summary
Type of Business
As a franchisee, you will operate a restaurant called Pinkberry, which provides a health-conscious, customer-oriented environment that specializes in frozen yogurt with fresh fruit and other toppings, and may offer a choice of yogurt, yogurt drinks, smoothies, frozen desserts, beverages, and other products and services.
Corporate Information
Kahala Franchising, L.L.C is an Arizona limited liability company which was formed on December 29, 2008. Their parent company is Kahala Brands, Ltd., which is a Delaware corporation. Kahala Brands was formerly known as Kahala Corp. but changed its name to Kahala Brands in December 2014. Prior to that, Kahala Corp. was a Florida corporation and was redomiciled in Delaware on December 31, 2012. On July 26, 2016, Kahala Brands merged with a wholly-owned subsidiary of MTY Food
Group, Inc. having an address at 8150 Transcanada Highway, Suite 200, Saint Laurent, Québec H4S 1MF. Kahala Brands’ parent company became MTY Franchising USA, Inc., a Delaware corporation incorporated originally as The Extreme Pita Franchising USA, Inc. on March 14, 2001, and having an address of 16420 N 92nd Street, Suite E120, Scottsdale, AZ 85260. MTY USA’s parent corporation is MTY Tiki Ming Enterprises Inc., a Canada corporation incorporated on February 13, 1979, and a wholly owned subsidiary of MTY Food Group, Inc., and having an address at 8150 Route Transcanadienne, Suite 200, Ville Saint-Laurent, Quebec, H4S 1M5, Canada.
Investment
The total investment necessary to begin operation of a Pinkberry franchise ranges from $310,442 to $628,995. This includes $42,470 to $44,470 that must be paid to the franchisor or its affiliate.