Icebox/Soupbox vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Icebox/Soupbox vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Icebox/Soupbox Franchise
Nekter Juice Bars Inc. Franchise
Investment $69,500 - $174,500$224,500 - $584,100
Franchise Fee $14,000 - $20,000$45,000
Royalty Fee 4%6%
Advertising Fee -2%
Year Founded 19952010
Year Franchised 19982012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Negotiable-


Business Experience Requirements
 
Icebox/Soupbox Franchise
Nekter Juice Bars Inc. Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Icebox/Soupbox Franchise
    Nekter Juice Bars Inc. Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Icebox/Soupbox Franchise
    Nekter Juice Bars Inc. Franchise
    Training - On-The-Job Training: 80 hours Classroom Training: 18 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Icebox/Soupbox Franchise
    Nekter Juice Bars Inc. Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Icebox/Soupbox

    Before opening his first store, Jamie Taerbaum stood outside a Baskin-Robbins store to figure out how many customers an ice cream store could expect at different times of day, on different days of the week, and in different weather conditions. Armed with this research, the young business school graduate opened the original Icebox/Soupbox store in 1995 in Chicago.

    In the spring and summer, Icebox operates as a retailer of Icyfruit, a mixture of fruit juice, sugar, water and chunks of fruit that comes in 20 flavors. Throughout the fall and winter, it becomes a Soupbox store, offering a wide variety of soups.

    About Nekter Juice Bars Inc.

    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.

    With an Average Unit Volume of $837,263*, outstanding training & support, and huge growth potential, Nekter Juice Bars Inc. is the ideal franchise opportunity for you.

    If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $45,000 initial franchise fee for one location you will pay to the franchisor either $96,000 for the development of two stores or $145,000 for the development of five stores under the terms of the franchisor’s development agreement. Upon signing, you will pay to the franchisor a Development Fee equal to 100% of the Initial Franchise Fee due for each Store you commit to develop.
    Veteran Incentives  20% off franchise fee
    "Entrepreneur
    #128 in Franchise 500 for 2020.
    #100 in Franchise 500 for 2020.