|
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs JUGO JUICE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $332,254 - $571,634 | $173,000 - $233,000 |
Franchise Fee | $37,000 | N/A |
Royalty Fee | 5.5% | - |
Advertising Fee | 0.19Cents/Gal. | - |
Year Founded | 1902 | 1998 |
Year Franchised | 1977 | 2002 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | 3 days at Scoop School and 10 days of on-site training at your location, where we teach you everything you need to know to operate and manage an Abbott's Frozen Custard store. | - |
Support | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 4 - 6
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Jugo Juice is passionately committed to healthy living, and a leader in creating delicious yet healthy meals on the go. With an innovative and popular menu of signature smoothies, fresh-pressed juices and grilled-to-order wraps and flatbreads, Jugo Juice is the preferred quick service restaurant for a rapidly growing number of today’s active and busy consumers. The company is best known as the innovator behind the smoothie evolution, offering the only smoothie in the industry with over 5 servings of fruits and vegetables, with absolutely no sorbet or other added sugar & fillers.