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Below is an in-depth analysis and side-by-side comparison of Juice It Up! vs Yovana including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $214,375 - $390,475 | $225,000 - $341,500 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 6% | 5% of Gross Sales |
Advertising Fee | 2% | 5% of Gross Sales |
Year Founded | 1995 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | 5-10 years |
Term Of Agreement | 10 years | 5-10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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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 |
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Training | Comprehensive Franchise Training Program consisting of an Orientation, Initial Franchise Training (pre-store start up), and “On The Job” Training, including a complete set of training manuals. On-The-Job Training: 100 hours Classroom Training: 36 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 National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Juice It Up! smoothies got their begining on the California coastline, where surfers and other shoreline goers appreciated the new organic product shakes. The primary Juice It Up! store opened in 1995 in southern California. Juice It Up! smoothies incorporate up to five servings of natural product with complimentary nutritious supplements. Juice It Up! stores likewise offer naturally crushed juices, solid snacks and shakes.
Yovana is the first shop of its kind to prepare yogurt fresh, in the store, every day. This wholesome, premium yogurt sets a new standard for taste and quality. Consumers can enjoy a Yovana yogurt any time of day for a delicious, smart treat that nourishes the body, mind and spirit. Combined with seasonally fresh fruit, premium organic, fair trade coffee and fresh baked breads, Yovana provides an entirely new eating experience that will take you to yogurt nirvana!