Planet Smoothie vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Planet Smoothie vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Planet Smoothie Franchise
Nekter Juice Bars Inc. Franchise
Investment $190,150 - $358,500$224,500 - $584,100
Franchise Fee $12,000 - $25,000$45,000
Royalty Fee 5%6%
Advertising Fee 2%2%
Year Founded 19952010
Year Franchised 19952012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Planet Smoothie Franchise
Nekter Juice Bars Inc. Franchise
Experience

A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000.

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Financing Options
 
Planet Smoothie Franchise
Nekter Juice Bars Inc. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Planet Smoothie Franchise
Nekter Juice Bars Inc. Franchise
Training

Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant.

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
 
Planet Smoothie Franchise
Nekter Juice Bars Inc. Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Planet Smoothie

For almost two decades, Planet Smoothie has been a standout amongst the most imaginative smoothie establishments on the planet. We got our begin in Atlanta in 1995, immediately extended all through the Southeast and now have more than 100 stores all through the United States.

We are known for our solid fixings, sweeteners and supplements - and that has helped our image build up a colossal after. Sound disapproved of customers run to Planet Smoothie and regularly make us a player in their every day schedule. That is on account of we're as advantageous as we are solid. It just takes two or three minutes to stop by a Planet Smoothie, put in a request and be en route. Simply take a gander at our area in New York City's Penn Station, where blenders are humming always to stay aware of workers anxious to get a solid dinner substitution or nibble.

In 2015, Kahala Brands obtained Planet Smoothie, and our administration group - which comprises of establishment administrators who have effectively propelled more than 2,000 establishment stores for brands including Cold Stone Creamery, Yogen Früz, and Blimpie - had a prompt positive effect on the brand.

Representative at the best smoothie establishment around!"Since Kahala Brands assumed control, we now have the best advertising materials and support," says Shannon Lelli, who claims a store in Doylestown, Pennsylvania. "On the off chance that I request anything, they are on it. For educator thankfulness week, I needed to convey a postcard that said 'On the grounds that you do what you do, here's a free smoothie for you.' I called corporate with the thought, and inside a few hours they sent me an astounding plan that was prepared for the printer. Also, it was a colossal achievement. The corporate office is on it. They are astounding."

On the off chance that franchisees are eager to work with us, we're considerably more eager to work with them. Our image is developing in strip mall areas, in stands and in double marked areas with reciprocal eatery ideas.

About Nekter Juice Bars Inc.

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.

With an Average Unit Volume of $837,263*, outstanding training & support, and huge growth potential, Nekter Juice Bars Inc. is the ideal franchise opportunity for you.

If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $45,000 initial franchise fee for one location you will pay to the franchisor either $96,000 for the development of two stores or $145,000 for the development of five stores under the terms of the franchisor’s development agreement. Upon signing, you will pay to the franchisor a Development Fee equal to 100% of the Initial Franchise Fee due for each Store you commit to develop.
Veteran Incentives  20% off franchise fee
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