Vitality Juice vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Vitality 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
 
Vitality Juice Franchise
Nekter Juice Bars Inc. Franchise
Investment $128,000 - $393,500$224,500 - $584,100
Franchise Fee $15,000 - $35,000$45,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 20042010
Year Franchised 20052012
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $10000-


Business Experience Requirements
 
Vitality Juice Franchise
Nekter Juice Bars Inc. Franchise
Experience --

Financing Options
 
Vitality Juice Franchise
Nekter Juice Bars Inc. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/Yes
Start-up Costs No/Yes-/Yes
Equipment No/Yes-/Yes
Inventory No/Yes-/Yes
Receivables No/Yes-/Yes
Payroll No/Yes-/Yes

Training & Support
 
Vitality Juice Franchise
Nekter Juice Bars Inc. Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 1 week

* Ongoing as needed, at any location

 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 * 0% of all franchisees own more than one unit

* Number of employees needed to run franchised unit: 10 - 12

* Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans
 
Vitality Juice Franchise
Nekter Juice Bars Inc. Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Vitality Juice

NO LONGER FRANCHISING

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
"Entrepreneur
#128 in Franchise 500 for 2020.
#100 in Franchise 500 for 2020.