| ||||
Updated RecentlyBoost Juice vs Vitality Bowls Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boost Juice vs Vitality Bowls including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $337,000 - $507,000 | $170,100 - $604,000 |
| Franchise Fee | $41,000 | $39,500 |
| Royalty Fee | 8% | 6% |
| Advertising Fee | 3% | 1.5% |
| Year Founded | 2000 | 2011 |
| Year Franchised | 2003 | 2014 |
| Term Of Agreement | 7 Years | 7 years |
| Term Of Agreement | 7 Years | 7 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| 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. | Franchisee Profile *Passionate about VITALITY BOWLS *Passionate about healthy food and a healthy lifestyle *Local market knowledge *Minimum $30-60K liquid assets per store and total of $200k+ (May include lending) *Single store and multi unit development opportunities available, depending on your market *Retail or restaurant operations experience is helpful |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | 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! | VITALITY BOWLS operates training units in Walnut Creek, CA. We will do our best to schedule your training in an area that is convenient for you. Training will also take place at your location before and/or after you open. Our training program teaches you the day-to-day operation of your VITALITY BOWLS unit. VITALITY BOWLS requires that the franchisee, an operating partner, or a general manager, designated by the franchisee, attend our full-time, training program. This program will teach you how to fully operate your VITALITY BOWLS unit from the ground up. We will not let you open until we are satisfied we have provided you with sufficient training to be successful. |
| Support | 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. | After signing your franchise agreement, we are available for continuous, direct support. You can count on us for operational input and best practices information. In addition, we will visit you regularly to ensure you are maximizing the potential of your business and we are helping you in every way we can. On a continuing basis, we will drive the brand and support your efforts in marketing, real estate and development, supply chain, and IT. Should you have questions or need help with issues in these areas, you can call us. |
| 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 |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
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.