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Below is an in-depth analysis and side-by-side comparison of Tropicana Smoothies Juices & More! vs sweetFrog including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $175,000 - $225,000 | $95,600 - $477,500 |
Franchise Fee | $75,000 | $15,000 - $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 1% | 1.5% |
Year Founded | 1949 | 2009 |
Year Franchised | 2004 | 2012 |
Term Of Agreement | 10 yeaqrs +10 | 10 years |
Term Of Agreement | 10 yeaqrs +10 | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed |
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 | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed | 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | Yes | No |
International Expansion | - | No |
TROPICANA SMOOTHIES, JUICES & MORE! is a co-branding concept with premium-quality smoothies, nationally-branded ice cream and frozen yogurt. Concept will be sold as exclusive Territory Development Agreements for markets with a minimum of 500,000 population, with a development commitment of 5 stores in 10 years for established food-service and retail owners/operators.