|
Below is an in-depth analysis and side-by-side comparison of MaggieMoo's Ice Cream & Treatery vs Bowl of Heaven including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $225,000 - $375,000 | $135,500 - $328,500 |
Franchise Fee | $33,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 3% Local 2%Nat'l |
Year Founded | 1996 | 2010 |
Year Franchised | 1997 | 2012 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Term Of Agreement | 10 years | 5 years +5+5+5 |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
International franchisees required to buy multiple units/master licenses; 65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
We are currently expanding nationwide, but have approved sites and immediate opportunities in the following areas of the country: Cincinnati, OH Simpsonsville, SC Charleston, SC Oklahoma City, OK Boise, ID NY Metro Northern Virginia Topeka, KS Call 1-800-524-6444 for more information about these areas.
Bowl of Heaven is thrilled to have the opportunity to make customers happier and healthier, and have such a good time while doing so. We're also very serious about business and committed to our mission of offering high-quality products and services to people across the country. With our backgrounds in healthcare, biochemistry and medicine, and years of experience as entrepreneurs and business motivators, Bowl of Heaven is now seeking out like-minded, well-skilled, and financially capable individuals to join our team. That's where you enter the picture. Imagine yourself operating your own Bowl of Heaven location, or locations, where people of all ages gather to enjoy and benefit from heavenly acai bowls, smoothies and fresh juices. You can help us bring the joy of blending exotic fruits and healthy food to billions of people, while you work to secure your own future!