Smoothie Factory vs CherryBerry Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Smoothie Factory vs CherryBerry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$141,500 - $424,500 | $360,000 - $466,000 |
Franchise Fee |
$30,000 | $25,000 |
Royalty Fee |
5% | - |
Advertising Fee |
- | - |
Year Founded |
1996 | 2008 |
Year Franchised |
1997 | 2008 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
* A 620 or higher credit score
* Investment capital equal to 30% of the purchase price
* $10-$15K of working capital | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Smoothie Factory
Smoothie Factory - A Fresh Concept in Franchising!
Smoothie Factory is a leader in today's growing $2 billion juice and smoothie bar industry. Founded by an Olympic athlete, Smoothie Factory meets the ever increasing demand for healthier options to traditional fast food. We believe in the simple concept of providing guests with reasonably priced smoothies, non-fat frozen yogurt and other healthy snacks served quickly in attractive, clean, pleasant surroundings every day. In addition to our great food product, our stores retail value priced dietary supplements enabling the franchisee to have multiple revenue sources under one roof. Smoothie Factory has established over 70 locations nationwide, along with international licenses in China and Vietnam, with a brand that has become recognized for excellence in service, product and value.
Smoothie Factory Franchise Opportunity.
Smoothie Factory's most impressive benefit, perhaps, is its desire to continually enhance its franchising system, interior design and image. The result has been a solid, unbroken track record of success, and a company poised for rapid expansion - an unparalleled blend of vision, product offerings and a franchise opportunity that's just right for forward-thinking entrepreneurs.
In addition, an unwavering commitment to value on nutritional products continues to be an ingredient in our recipe for success. In fact, we sell nutritional products too, for less, every day, at 30%-50% off MSRP, making our franchise community a leader in nutritional product sales.
The total investment necessary to begin operation of a Smoothie Factory' Store ranges from $257,000 to $365,700. This includes the
$42,000 that must be paid to the franchisor or an affiliate.
The total
investment necessary to begin operation of a Smoothie Factory'
Non-Traditional Store ranges from $141,500 to $305,000. This includes
the $27,000 that must be paid to the franchisor or an affiliate.
The
total investment necessary to begin operation of a Smoothie Factory-RED
MANGO Co-Branded Traditional Store ranges from $309,000 to $424,500.
This includes the $47,000 that must be paid to the franchisor or an
affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store Co-Branded with a Third-Party
Concept ranges from $75,500 to $189,500. This includes the $20,000 to
$27,000 that must be paid to the franchisor or an affiliate.
About CherryBerry
Establishing a small business on your own can be tough. This is why
many choose to go with an established brand. At CherryBerry, we have an
incredible culture that focuses on our franchisees’ success. Riding on
several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory,
we have developed a system that will help you jump-start your business
and provide you with a competitive advantage in your market. As a
franchisee, you will have access to all of our support systems and
expertise as well as our trade secrets and unique strategies.
Our constant efforts and economies of scale help keep product costs
low and consistent product available. Additionally, you will benefit
from CherryBerry's brand recognition and the integrity of
the CherryBerry name.
Frozen yogurt sells well in warmer months while chocolate sells well
in cooler months. Through a special arrangement with our parent company,
Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
CherryBerry’s premium and top-quality distinctive flavors are
developed by some of the most knowledgeable yogurt innovators in the
industry. Our product is certified to contain live and active cultures
to promote good health, plus its creamy texture, original flavors and
extensive toppings have been praised by the masses as the best tasting
and highest quality frozen yogurt available. The CherryBerry name
assures your customers that they can expect the same great quality
frozen yogurt time after time.
We provide you with an excellent business model which includes all
the necessary training and assistance you’ll need to create a thriving
business. Our staff includes experts in real estate, construction,
training, operations and marketing.