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Updated Recently16 Handles vs Boost Juice Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Boost Juice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $274,500 - $735,000 | $337,000 - $507,000 |
| Franchise Fee | $30,000 | $41,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 2% | 3% |
| Year Founded | 2008 | 2000 |
| Year Franchised | 2010 | 2003 |
| Term Of Agreement | 10 years | 7 Years |
| Term Of Agreement | 10 years | 7 Years |
| Renewal Fee | 10% of the then franchise fee | - |
Business Experience Requirements |
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| Experience | Experienced business people, franchisees, and multi-unit operators | You must have a hunger for success, love the Boost Juice philosophy and have an unmatched enthusiasm for your business. This is all achievable without prior food or business ownership experience! A genuine appreciation for great customer service is also integral to growing as a successful franchise partner. We will supply you with all of the tools, systems and process to assist you in reaching your business aspirations. |
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 | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists | We have a comprehensive training program in place for all new partners entering our network. The training programme is three weeks long and takes place in Melbourne. Our comprehensive training is inclusive of front and back of house operations. You will also be provided with support in your new store by the Learning & Development team in your first days of operation. You will feel confident to step into your new store understanding all facets of running that business after working closely with our dedicated Learning & Development team! |
| Support | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. | Boost Juice has a large network of professionals at the global support centre in Melbourne to assist our franchise partners. Our support teams cover areas such as Marketing, IT, Finance, Leasing, Product & Supply and Store Design just to name a few. You will also enjoy support from our dedicated team of operations professionals on the ground in each state to assist you with your day to day needs and to mentor you as a business owner. |
| Marketing | - | - |
| Operations | A Franchise Business Consultant will be assigned to your store to assist with all business operations | At Boost, we believe that the most successful franchises are those which are run by the actual owner of the store. We also believe that the best head-start you can give your business is to commit yourself to it so as you can fully understand every aspect of the operation. It is important to Boost that you want to pursue an active involvement in the franchise and do not want to obtain the franchise purely as an investment opportunity. For these reasons, Boost franchisees are required to work in-store for the first 6 months of operation full time, and 20 hours per week thereafter. Boost does not encourage partnerships. We believe the best company structures are those made up of either single applicants, spouses or siblings. There are no horror stories where things have gone wrong that have led us to feel this way - it's just that we like to take preventative measures. |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About 16 Handles
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About Boost Juice
The Juiciest Brand In Australia!
Boost has become the largest juice and smoothie bar in the southern hemisphere largely due to our franchising and international partnership strategy we believe that we are yet to meet the many more prospective Boost Partners either within Australia or overseas.
We receive hundreds of franchise enquiries each week from all over Australia and throughout the world and we will continue our commitment to sourcing and selecting the best Partners we believe exist!
As the Founder of Boost Juice, Janine Allis says, "The Boost Partners are dynamic, inspirational people who have fresh ideas and new energy. We recruit like-minded people who share our enthusiasm and energy and believe that for Boost Juice to be successful, everyone involved must share the passion and the rewards".
Since 2000 we have opened over 185 company-owned and franchised stores throughout Australia and in 2004 we opened our first store overseas in Auckland, NZ. We are so excited about our international expansion and have no plans of slowing down either within Australia or off-shore.
Many people join the Boost family because they want a business they can feel totally passionate about, give 100% to while also reflecting their own personality. Being part of Boost is being part of a fantastic network of like-minded franchisees where the support centre staff really care about what they do and constantly strive to improve the brand for it's partners and customers. And what an amazing brand it is.
Boost is a business that will challenge you. It is fast-paced and exciting, but if you are prepared to give 100% and strive to be the best you can be, then it will give back everything you put in, and then some. You will be amazed at what you can achieve. And your dedicated Franchise Business Consultant is there for you every step of the way to help and guide you, as well as fellow franchisees who are always too ready to assist in any way they can.
Every day is different, and you are in charge of your own destiny which is extremely fulfilling.
Master Franchisees will need a minimum net worth of $US2 million and liquidity of at least $US1million in order to be considered.