Booster Juice vs Lovin' Spoons Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Booster Juice vs Lovin' Spoons including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Booster Juice Franchise
Lovin' Spoons Franchise
Investment $153,000 - $240,000$385,000 - $493,000
Franchise Fee $20,000$25,000
Royalty Fee 6%6%
Advertising Fee --
Year Founded 19992010
Year Franchised 20002011
Term Of Agreement 5-10 years-
Term Of Agreement 5-10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Booster Juice Franchise
Lovin' Spoons Franchise
Experience --

Financing Options
 
Booster Juice Franchise
Lovin' Spoons Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Booster Juice Franchise
Lovin' Spoons Franchise
Training - In addition to intensive classroom instruction, you'll also get hands-on training in working stores to learn the Lovin' Spoons systems and operating procedures.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives*Site review and selection *Demographics studies *Prototype construction plans and store design guidance. Operations Support Our detailed training will help you feel comfortable with managing your staff, financials and in-store technology, and our confidential comprehensive operations manual will be a useful day-to-day reference guide. Vendor Relationships We'll help you take advantage of our special relationships with equipment, food, paper goods and other key vendors and suppliers. Marketing Support From your frozen yogurt franchise Grand Opening celebration to ongoing promotional ideas and programs throughout the year, Lovin' Spoons features a proven marketing approach including detailed marketing manuals and strategies, social media campaigns, a custom web page for your store and access to our marketing experts. Online Franchise Resources Our user-friendly online franchise portal will provide you with easy access to branded materials, signage, updated manuals and more. You can also quickly communicate with Lovin' Spoons corporate leadership through contact forms and collaborate with other franchisees in an online forum.
Marketing Co-op advertising, Ad slicks, Regional advertising-
Operations Franchisees required to buy multiple units/master licenses; 7-10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 8 - 10

Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

-

Expansion Plans
 
Booster Juice Franchise
Lovin' Spoons Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Booster Juice

We are, beyond a doubt, the fastest growing juice bar in all of Canada. Market share and enormous buying power are already increasing the profit opportunity for our partner/franchise owners and our corporate locations. The public has waited for such a long time to have healthy alternatives to fast food. How about something other than cheeseburgers and fries. How about fruit? The Canadian Dietary Association recommends 5 servings of fruits and vegetables per day and that's just what we bring you in one of our 24 oz. smoothies. Our concept is geared to the active lifestyles of the public. Smoothies are ideal as meals on the run, power breakfasts, energy enhancers, workout snacks and afternoon treats. It's no wonder why the Juice and Smoothie Bar sector is growing at an annual rate of 30% while the fast food sector is growing at a rate of 3%. The public embraces alternatives when the concept is solid and the product exceptional. And our product is right in tune with what the customer is demanding-- healthy alternatives to fast food.

"Top
#19 in Canada's Top franchises.

About Lovin' Spoons

When we began the journey that led to the founding of Lovin' Spoons, we were committed to a simple vision: provide the very best frozen yogurt and toppings available and pair them with a unique atmosphere that generates excitement. Prior to starting the company, we spent a year in yogurt shops across the country, equipping ourselves with the best practices that would ultimately become the foundation of our successful concept. With the groovy decade of the 1970′s near and dear to our heart, we knew this exciting era could be the natural inspiration for our unique and expressive brand and in-store experience. Our hometown of Savannah, GA, was a natural place to bring Lovin' Spoons to life, and the award-winning stores have been embraced by customers and the community beyond our wildest dreams. Unlike typical cookie cutter yogurt stores, our loyal guests have frequently noted that Lovin' Spoons stores truly have a soul. This is the ultimate compliment, and is a clear differentiator in the market. Our concept was built from the ground up to be a growing frozen yogurt franchise, and we are prepared to equip you with the tools and support you need to bring the Lovin' to your community. Join us as we look to expand the unique Lovin' Spoons frozen yogurt experience to customers across the country. We are eagerly seeking passionate and enthusiastic franchisees to join this groovy ride! Honorably discharged veterans receive $10,000 off of initial franchise fee of $25K.