Yogen Fruz Worldwide vs Nekter Juice Bars Inc. Franchise Comparison

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

Start-Up Costs and Fees
 
Yogen Fruz Worldwide Franchise
Nekter Juice Bars Inc. Franchise
Investment $123,179 - $459,679$224,500 - $584,100
Franchise Fee $25,000$45,000
Royalty Fee 6%6%
Advertising Fee 3%2%
Year Founded 19862010
Year Franchised 19872012
Term Of Agreement 7-10 years-
Term Of Agreement 7-10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Yogen Fruz Worldwide Franchise
Nekter Juice Bars Inc. Franchise
Experience --

Financing Options
 
Yogen Fruz Worldwide 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
 
Yogen Fruz Worldwide Franchise
Nekter Juice Bars Inc. Franchise
Training - On-The-Job Training: 80 hours Classroom Training: 18 hours
Support Meetings, 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, National media, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 4 - 7

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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Expansion Plans
 
Yogen Fruz Worldwide Franchise
Nekter Juice Bars Inc. Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Yogen Fruz Worldwide

Brothers Michael and Aaron Serruya, ages 19 and 20, wanted to buy a franchise, but no one would take a chance on them. So they started their own frozen yogurt shop,Yogen Fruz, in 1986 in Toronto, Ontario, and began franchising a year later. Their brother, Simon, joined the company in 1989, the same year Yogen Fruz expanded into the United States. Now based in Markham, Ontario, Yogen Fruz has more than 1,520 units across the world in both traditional and nontraditional locations. The company also owns I Can't Believe It's Yogurt!, Bresler's Ice Cream and Yogurt, Swensen's Ice Cream, and Java Coast Fine Coffees.

"Top  ""

#33 in Canada's Top franchises.


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.