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Below is an in-depth analysis and side-by-side comparison of Sweet Nel's vs LOCO JUICE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $354,000 - $539,000 | $56,800 - $99,500 |
Franchise Fee | $35,000 | $10,000 |
Royalty Fee | 5% | >$200 or 5% weekly |
Advertising Fee | 2% | $200/ month local |
Year Founded | 2015 | 1996 |
Year Franchised | 2015 | 2001 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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Training | 2 weeks of intensive training from the most basic of shop functions to the most comprehensive management techniques necessary to run the Sweet Nel's business. Training is ongoing for both you and your employees. | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. |
Support | A Sweet Nel's consultant will guide you through every phase of development and, eventually, to help you open your shop. After shop construction, and for the 2-weeks prior to grand opening, we will assist in setting up your Sweet Nel's Shop. Sweet Nel's franchisees are provided with a Field Service Consultant on-call to answer questions and to provide support. They will visit on a regular basis and have an in-depth meeting about how things are going and to offer suggestions and evaluations. | - |
Marketing | We support you with the tools you need to take advantage of promotional opportunities and create new programs on an ongoing basis. | - |
Operations | We do not allow multiple shop ownership at this time. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
We are developing a small, limited number of "Sweet Nel's" franchises in the Philadelphia area. Although we could open more, it is our philosophy to open fewer cafes and locate them in very high profile, magnet locations in and around Philadelphia. Franchisees are extensively screened, exhaustively trained and provided with an exceptional degree of guidance and support from the Sweet Nel's franchise organization.
According to information we found, LOCO JUICE is now Inactive