|
Below is an in-depth analysis and side-by-side comparison of Kilwin's Chocolates vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $177,534 - $937,415 | $224,500 - $584,100 |
Franchise Fee | $20,000 - $40,000 | $45,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1% | 2% |
Year Founded | 1947 | 2010 |
Year Franchised | 1982 | 2012 |
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/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 173 hours Classroom Training: 43 hours Additional Training: Online training; store visits | On-The-Job Training: 80 hours Classroom Training: 18 hours |
Support | Newsletter Meetings/Conventions Grand Opening Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Since 1947 Kilwins has been a celebrated part of Americana having earned a reputation for providing high quality products and excellent service. Our heritage was built on the simple premise of creating our products from the finest ingredients and providing customers with great service. Today we continue the tradition by uniquely combining high quality products with a warm friendly customer experience that is supported through a successful community of caring owner operators. We continue to offer the finest quality traditional down-home confections and ice cream that are kitchen made fresh from premium ingredients and original recipes.
Seeking new franchise units in the following regions/states:
Alabama, Arkansas, Colorado, Connecticut, District of Columbia,
Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana,
Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Nebraska,
North Carolina, New Hampshire, New Jersey, New York, Ohio, Oklahoma,
Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia,
Vermont, Wisconsin and West Virginia
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.