Tropicana Smoothies Juices & More! vs Nekter Juice Bars Inc. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tropicana Smoothies Juices & More! vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Tropicana Smoothies Juices & More! Franchise
Nekter Juice Bars Inc. Franchise
Investment $175,000 - $225,000$224,500 - $584,100
Franchise Fee $75,000$45,000
Royalty Fee 6%6%
Advertising Fee 1%2%
Year Founded 19492010
Year Franchised 20042012
Term Of Agreement 10 yeaqrs +10-
Term Of Agreement 10 yeaqrs +10-
Renewal Fee --


Business Experience Requirements
 
Tropicana Smoothies Juices & More! Franchise
Nekter Juice Bars Inc. Franchise
Experience --

Financing Options
 
Tropicana Smoothies Juices & More! Franchise
Nekter Juice Bars Inc. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Tropicana Smoothies Juices & More! Franchise
Nekter Juice Bars Inc. Franchise
Training - 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 Average Number of Employees: 3-4 Full-time, 2-4 Part-time

Passive Ownership: Not Allowed

-

Expansion Plans
 
Tropicana Smoothies Juices & More! Franchise
Nekter Juice Bars Inc. Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion -Yes

Company Overviews

About Tropicana Smoothies Juices & More!

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.

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.