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Updated RecentlyLovin' Spoons vs Boost Juice Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lovin' Spoons 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 | $385,000 - $493,000 | $337,000 - $507,000 |
| Franchise Fee | $25,000 | $41,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | - | 3% |
| Year Founded | 2010 | 2000 |
| Year Franchised | 2011 | 2003 |
| Term Of Agreement | - | 7 Years |
| Term Of Agreement | - | 7 Years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | In addition to intensive classroom instruction, you'll also get hands-on training in working stores to learn the Lovin' Spoons systems and operating procedures. | 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 | *Site review and selection *Demographics studies *Prototype construction plans and store design guidance. Operations Support Our detailed training will help you feel comfortable with managing your staff, financials and in-store technology, and our confidential comprehensive operations manual will be a useful day-to-day reference guide. Vendor Relationships We'll help you take advantage of our special relationships with equipment, food, paper goods and other key vendors and suppliers. Marketing Support From your frozen yogurt franchise Grand Opening celebration to ongoing promotional ideas and programs throughout the year, Lovin' Spoons features a proven marketing approach including detailed marketing manuals and strategies, social media campaigns, a custom web page for your store and access to our marketing experts. Online Franchise Resources Our user-friendly online franchise portal will provide you with easy access to branded materials, signage, updated manuals and more. You can also quickly communicate with Lovin' Spoons corporate leadership through contact forms and collaborate with other franchisees in an online forum. | 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 | - | 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 |
Company Overviews
About Lovin' Spoons
When we began the journey that led to the founding of Lovin' Spoons, we were committed to a simple vision: provide the very best frozen yogurt and toppings available and pair them with a unique atmosphere that generates excitement. Prior to starting the company, we spent a year in yogurt shops across the country, equipping ourselves with the best practices that would ultimately become the foundation of our successful concept. With the groovy decade of the 1970′s near and dear to our heart, we knew this exciting era could be the natural inspiration for our unique and expressive brand and in-store experience. Our hometown of Savannah, GA, was a natural place to bring Lovin' Spoons to life, and the award-winning stores have been embraced by customers and the community beyond our wildest dreams. Unlike typical cookie cutter yogurt stores, our loyal guests have frequently noted that Lovin' Spoons stores truly have a soul. This is the ultimate compliment, and is a clear differentiator in the market. Our concept was built from the ground up to be a growing frozen yogurt franchise, and we are prepared to equip you with the tools and support you need to bring the Lovin' to your community. Join us as we look to expand the unique Lovin' Spoons frozen yogurt experience to customers across the country. We are eagerly seeking passionate and enthusiastic franchisees to join this groovy ride! Honorably discharged veterans receive $10,000 off of initial franchise fee of $25K.
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.