|
Below is an in-depth analysis and side-by-side comparison of Bahama Buck's Original Shaved Ice Company vs JUGO JUICE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $233,326 - $770,532 | $173,000 - $233,000 |
Franchise Fee | $29,500 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1989 | 1998 |
Year Franchised | 1993 | 2002 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 20 hours Classroom Training: 20 hours | - |
Support | Purchasing 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 Templates Social media 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: 15 - 25 Absentee ownership of franchise is allowed. (67% of current franchisees are owner/operators)
| - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Jugo Juice is passionately committed to healthy living, and a leader in creating delicious yet healthy meals on the go. With an innovative and popular menu of signature smoothies, fresh-pressed juices and grilled-to-order wraps and flatbreads, Jugo Juice is the preferred quick service restaurant for a rapidly growing number of today’s active and busy consumers. The company is best known as the innovator behind the smoothie evolution, offering the only smoothie in the industry with over 5 servings of fruits and vegetables, with absolutely no sorbet or other added sugar & fillers.