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Updated RecentlyRubyjuice Fruit and Smoothies vs Bambu Desserts & Drinks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rubyjuice Fruit and Smoothies vs Bambu Desserts & Drinks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $106,000 - $223,000 | $141,500 - $304,200 |
| Franchise Fee | $20,000 | $40,000 - $80,000 |
| Royalty Fee | 5.5% | - |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2014 |
| Year Franchised | 2003 | 2014 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 10% of current franchise 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 | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | - |
| Marketing | Ad slicks | - |
| Operations |
Number of employees needed to run franchised unit: 10 - 20
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Rubyjuice Fruit and Smoothies
Jack and Tracy Groot owned and operated a coffee bar in Holland, Michigan, when the location next door became available. To take advantage of the opportunity, the couple developed and opened Rubyjuice, offering quick-service smoothies, juices, sandwiches and salads. The menu includes a variety of nutritional supplements that customers may add to their smoothies. Rubyjuice began franchising in 2003.
About Bambu Desserts & Drinks
Bambu Desserts & Drinks serves distinctive Asian-inspired Che, unique boba teas,
Vietnamese coffees, exotic fruit smoothies and juices ordered directly
off our colorful menu or custom-made “just the way” our customers love
it. Besides our house made, vegan-friendly, gluten and dairy-free Che,
we are also known for our incredibly friendly service. Bambu Desserts & Drinks is not just
the next generation in a continuing waive of Asian-influenced drink
shops. Bambu Desserts & Drinks is here to stay.
Bambu Franchising, LLC is offering
passionate entrepreneurs the opportunity to open one or more Bambu Desserts & Drinks
Shoppes using Bambu’s valuable intellectual property including our
brand, proprietary recipes, and unique processes. Our franchise model
recommends, but does not dictate, the way you run your business except
as it relates maximizing your workflow and protecting the Bambu brand,
recipes and quality of our drinks. We also believe your financial
information is between you and your financial professional, so we charge
no fees based on a percentage of your revenue. This creates a friendly
relationship between us, the franchisor, and you, the franchisee.
The total investment necessary to begin operation of a Bambu Desserts & Drinks franchise
ranges from $141,500 to $304,200. This includes $47,000 that must be
paid to the franchisor or affiliates. The franchisor may offer to
qualified candidates the right to develop multiple Bambu Desserts & Drinks shoppes under
the terms of a Multi-Unit Development Agreement, in which case the total
investment stated above will increase by an amount equal to an initial
$15,000 times the number of additional Bambu Desserts & Drinks shoppes to be developed
under the Multi-Unit Development Agreement, which amounts are paid to
the franchisor. A franchisee entering into a Multi-Unit Development
Agreement must purchase its first Bambu Desserts & Drinks franchise at the time it enters
into the Multi-Unit