Maui Wowi Hawaiian Coffees & Smoothies vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Maui Wowi Hawaiian Coffees & Smoothies vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Maui Wowi Hawaiian Coffees & Smoothies Franchise
Nekter Juice Bars Inc. Franchise
Investment $31,100 - $394,000$224,500 - $584,100
Franchise Fee $25,000 - $65,000$45,000
Royalty Fee 06%
Advertising Fee -2%
Year Founded 19832010
Year Franchised 19972012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Maui Wowi Hawaiian Coffees & Smoothies Franchise
Nekter Juice Bars Inc. Franchise
Experience
  • General business experience
  • Sales/marketing experience preferred
    		• -

    Financing Options
     
    Maui Wowi Hawaiian Coffees & Smoothies Franchise
    Nekter Juice Bars Inc. Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support
     
    Maui Wowi Hawaiian Coffees & Smoothies Franchise
    Nekter Juice Bars Inc. Franchise
    Training Full & continuous support On-The-Job Training: 80 hours Classroom Training: 18 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 65% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 3

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Maui Wowi Hawaiian Coffees & Smoothies Franchise
    Nekter Juice Bars Inc. Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Maui Wowi Hawaiian Coffees & Smoothies

    Crisp organic product smoothies were a for all intents and purposes obscure item in 1983, when Jeff and Jill Summerhays started offering them low maintenance at occasions. Maui Wowi Hawaiian was worked to give their 'ohana (family) a solid other option to the sugar and fat loaded sustenances that appeared to be all over the place! Similarly as energetic, the Summerhayses needed to make a plan of action that was fun, adaptable, and portable so they could offer their everything characteristic, crisp organic product smoothies anyplace they had a craving for voyaging.

    Australia's Gold Coast appeared like the ideal place to hang and put their idea under a magnifying glass so they stuffed it up, and made a beeline for the Land Down Under. It was not much sooner than the Aussies figured out how to hunger for these ono'licious mixes.

    The organization got the attention of Michael Haith, establishing accomplice of a sustenance, drink and extraordinary occasion counseling firm and Maui Wowi's present CEO. Haith patched up the establishment idea and extended the product offering, which now incorporates Hawaiian espressos coffee.
    Maui Wowi establishments are situated all through the United States.

    The total investment necessary to begin operation of a Maui Wowi franchise for a Fixed Operating Unit ranges from $108,350 to $394,000. This includes $46,000 to $72,000 that will be paid to the franchisor or their affiliate.
    The total investment necessary to begin operation of a Mobile Operating Unit is $31,100 to $200,250. This includes $26,200 to $52,200 that will be paid to the franchisor or their affiliate.
    The total investment necessary to begin operation of a Mobile Fixed Operating Unit ranges from $37,300 to $245,250. This includes $26,200 to $52,200 that will be paid to the franchisor or their affiliate.

    20% off Franchise Fee for Qualified Military Veterans
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    About Nekter Juice Bars Inc.

    In 2010, Nekter Juice Bars Inc. set out to transform the juice and smoothie space similarly to how the coffee experience was reinvented in the early 1990’s. Nekter Juice Bars Inc. believes that “healthy” can be affordable, taste good, and feel good too, and it is our mission to provide a healthy foundation for people to feel and live better.

    With an Average Unit Volume of $837,263*, outstanding training & support, and huge growth potential, Nekter Juice Bars Inc. is the ideal franchise opportunity for you.

    If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $45,000 initial franchise fee for one location you will pay to the franchisor either $96,000 for the development of two stores or $145,000 for the development of five stores under the terms of the franchisor’s development agreement. Upon signing, you will pay to the franchisor a Development Fee equal to 100% of the Initial Franchise Fee due for each Store you commit to develop.
    Veteran Incentives  20% off franchise fee
    "Entrepreneur
    #128 in Franchise 500 for 2020.
    #100 in Franchise 500 for 2020.