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Below is an in-depth analysis and side-by-side comparison of Vitality Juice vs I-CE-NY including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $128,000 - $393,500 | $146,400 - $404,300 |
Franchise Fee | $15,000 - $35,000 | $25,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 2004 | 2015 |
Year Franchised | 2005 | 2016 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | $10000 | - |
Business Experience Requirements |
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Experience | - | - |
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 | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location | - |
Support | - | - |
Marketing | - | - |
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 |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
NO LONGER FRANCHISING