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Below is an in-depth analysis and side-by-side comparison of Juice It Up! vs Tikiz 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 | $132,500 - $146,000 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1995 | 2011 |
Year Franchised | 1998 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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 | - |
International Expansion | Yes | - |
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.
The Tikiz Truck was designed from the ground up to be a one-of-a-kind eye catching shaved ice and ice cream truck. During the conceptual stages of building the Tikiz truck, there were no limits on the custom components placed on and in the truck to make sure it was the wildest, most appealing shaved ice and ice cream truck someone would ever see. Some of the key features include: Brand New Ford heavy-duty chassis and truck body Self serving, patent-pending "Surv-Board" where customers can dispense their own custom fruit syrup creations An exotic highly visible Hawaiian beach themed vehicle wrap Custom real surf board lighted signs No generators. Everything runs from high output batteries that charge over-night or from the trucks alternator Top of the line high output Ice Shaver. Produces 400 to 600 small shaved ice within an hour Custom built stainless steel and aluminum cabinets, quality refrigeration equipment, advanced electronic gauges, self contained water system & more Aftermarket custom 20" inch chrome wheels with specialty fire design tires Inviting tropical steel drum music playing on an exterior Bose speakers Custom HID headlight bulbs, LED strobe lights and under truck neon lights bring major attention to the vehicle at night 20' tall Air Dancer inflatable Tikiz character for use at special events, parties and FUNdraisers Many More Exciting Features!