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Below is an in-depth analysis and side-by-side comparison of LOCO JUICE vs Creamistry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $56,800 - $99,500 | $224,500 - $576,500 |
Franchise Fee | $10,000 | $40,000 |
Royalty Fee | >$200 or 5% weekly | 6% |
Advertising Fee | $200/ month local | 1.5% |
Year Founded | 1996 | 2014 |
Year Franchised | 2001 | 2014 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - a passion for customer service - a strong business acumen. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. | On-The-Job Training: 40 hours Classroom Training: 9-12 hours Additional Training: 10-12 days at franchisee's location |
Support | - | Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
According to information we found, LOCO JUICE is now Inactive