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Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Vitality 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 | $87,650 - $377,400 | $128,000 - $393,500 |
| Franchise Fee | $20,000 | $15,000 - $35,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | to 2% | - |
| Year Founded | 1993 | 2004 |
| Year Franchised | 2001 | 2005 |
| Term Of Agreement | 10 years | 15 years |
| Term Of Agreement | 10 years | 15 years |
| Renewal Fee | - | $10000 |
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 | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location |
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks | - |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 6
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 12 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
NO LONGER FRANCHISING