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Below is an in-depth analysis and side-by-side comparison of JUGO JUICE vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $173,000 - $233,000 | $224,500 - $584,100 |
Franchise Fee | N/A | $45,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 1998 | 2010 |
Year Franchised | 2002 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 80 hours Classroom Training: 18 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 | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Jugo Juice is passionately committed to healthy living, and a leader in creating delicious yet healthy meals on the go. With an innovative and popular menu of signature smoothies, fresh-pressed juices and grilled-to-order wraps and flatbreads, Jugo Juice is the preferred quick service restaurant for a rapidly growing number of today’s active and busy consumers. The company is best known as the innovator behind the smoothie evolution, offering the only smoothie in the industry with over 5 servings of fruits and vegetables, with absolutely no sorbet or other added sugar & fillers.
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.