Ben & Jerry's vs Nekter Juice Bars Inc. Franchise Comparison

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

Start-Up Costs and Fees
 
Ben & Jerry's Franchise
Nekter Juice Bars Inc. Franchise
Investment $152,200 - $546,800$224,500 - $584,100
Franchise Fee $16,000 - $37,000$45,000
Royalty Fee 3%6%
Advertising Fee 4%2%
Year Founded 19782010
Year Franchised 19812012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of then current fee-


Business Experience Requirements
 
Ben & Jerry's Franchise
Nekter Juice Bars Inc. Franchise
Experience
  • Are socially conscious, and active in your community.
  • Are passionate about operating an ethical, responsible business.
  • Will apply your full-time best efforts to the business.
  • Have at least two years of business management experience with P&L responsibility.
  • Have excellent business acumen, project management skills, and the ability to build and execute a business plan.
  • Are systems-oriented, and understand and value a franchise system.
  • Have the ability to recruit, train, and motivate staff, according to our standards.
  • Have a competitive drive and are committed to succeed, with realistic expectations.
  • Demonstrate honesty, integrity and humility and are a team player.
  • Possess strong interpersonal and communication skills and are fluent in English.
  • Know how to use a computer and apply technology.
  • Have a college degree or higher (preferred).
  • Have a strong credit history and a minimum net worth of $350,000, with $100,000 in liquidity (cash and securities, not including retirement accounts).
    		• -

    Financing Options
     
    Ben & Jerry's Franchise
    Nekter Juice Bars Inc. Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support
     
    Ben & Jerry's Franchise
    Nekter Juice Bars Inc. Franchise
    Training We’ve got a great recipe for operating a scoop shop, and a world-class team to provide “scoop-to-nuts” expertise. We guide you every step of the way, beginning with your search for the right location, to training, to marketing, and to ongoing operational support for the life of your business. On-The-Job Training: 24 hours Classroom Training: 35 hours On-The-Job Training: 80 hours Classroom Training: 18 hours
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Ad Templates National Media Regional Advertising Social media Website development Email marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 75% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    Ben & Jerry's Franchise
    Nekter Juice Bars Inc. Franchise
    US Expansion NoYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Ben & Jerry's

    Ben & Jerry's is named for its founders, Ben Cohen and Jerry Greenfield, who grew up together in Merrick, Long Island. In 1978, they took a $5 correspondence course on ice-cream-making, then leased an old gas station building in Burlington, Vermont to open their first ice cream shop.  Ben & Jerry’s has over 580 franchised ice cream scoop shops and PartnerShops worldwide. We have over 350 scoop shops in the United States and over 350 scoop shops Internationally.

    Seeking new franchise units in Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Kansas, Massachusetts, Maryland, Maine, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin, Australia/New Zealand, Canada and Western Europe.

    ""    "Entrepreneur

    #63 in Franchise 500 for 2020.
    #138 in Franchise 500 for 2021.





    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.