|
Below is an in-depth analysis and side-by-side comparison of Surf City Squeeze vs Emerald City Smoothie including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $64,600 - $311,750 | $75,250 - $286,900 |
Franchise Fee | $30,000 | $15,000 - $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | 2% |
Year Founded | 1989 | 2005 |
Year Franchised | 1995 | 2005 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 75% of then-current fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | * Use of the Emerald City Smoothie brand and all existing and new marketing materials * Assistance with real estate brokers, site selection, lease negotiation and construction based on best practices learned from over 30 store openings * A turn-key system that includes all architectural design, equipment, shelving, graphics, and signage at a reasonable cost * Extensive ECS Experience training for you and one staff member on drink making, developing a customer community, business management and marketing * Grand opening planning and support * "It's my store" customer involvement program * Peer-to-peer problem and solution sharing with other franchise owners * New drink introductions based on successful pilot programs at other franchises * Web presence for easy store location and product and service pre-selection * Periodic, high-return marketing strategies for pilot testing and implementation * Greater buying power for smoothie and health products as a member of our buying cooperative * Periodic visits to assist with general operations, employee training and to help you fine-tune the ECS experience * Analysis of store sales and performance versus system- wide benchmarks |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The SURF CITY SQUEEZE diversifying framework has turned out to be exceptionally fruitful. A critical number of existing franchisees are searching for extra areas and in addition a few planned franchisees in the endorsement procedure to be conceded establishments as they get to be distinctly accessible. The Franchise Department can help with finding financing, site determination, development coordination and notwithstanding finding a bookkeeper. The Franchise Department likewise unequivocally energizes communication between the franchisees keeping in mind the end goal to make an extended hotspot for thoughts, data, and support.
We comprehend what it takes to make a decent smoothie and we set ourselves apart from our rivals by utilizing just the most tasty organic product, most elevated quality supplements* and our restrictive smoothie blend, all of which make our smoothies genuinely novel. What's more, as smoothies keep on being a well known supper trade and nibble alternative for customers, Surf City Squeeze® can possibly proceed with its development.
We stand firm on our dedication to bolster our franchisees. When you turn into a Surf City Squeeze franchisee, we'll be close by all through the excursion of opening your store and past. Our devoted Surf City Squeeze group will help you with imperative pre-opening strides, for example, site choice, outline and development, and in addition a great opening arrangement. Our working framework and industry encounter empowers us to keep the cost of passage and working expenses as low as would be prudent.
Making waves since 1981
If you are looking for a significant franchise opportunity with a low cost of entry and a high upside potential, you may be a great candidate to be an Emerald City Smoothie franchise owner. We've also built our uniqueness beyond the product. We build customer loyalty everyday through: * A personal service philosophy that turns our employees into part of our customer's fitness-support team, which keeps customers coming back, according to the Parker LePla Emerald City Smoothie Customer Study * Supplements for any health goal from weight loss to bulking up * Smoothie recipes that won the "best of" smoothie category in a Seattle poll, featuring a unique blending process that creates a smooth, refreshing, but never-watery, taste * Branding and design that helps draw customers into your stores and makes selection of high-margin add-on products easy. Click here for a virtual tour of one of our world-class locations. * Marketing, training, site selection, and quality control services. Emerald City Smoothie also features all the benefits of franchising including our formula for operating to help avoid many mistakes commonly made by new business owners. Today, one out of every seven dollars spent by Americans for retail goods and services is spent in a franchised or independent product distribution business (source: IFA Franchise Opportunity Guide, p. 31, Fall/Winter 2004). Franchising generates an estimated $1.5 trillion in the U.S. economy annually (source: www.franchise.org/opportunities). The combination of the franchisor's expertise and your hard work create the potential for a strong business. With a franchise, you are in business for yourself, not by yourself!