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Updated RecentlysweetFrog vs Nekter Juice Bars Inc. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of sweetFrog vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,600 - $477,500 | $224,500 - $584,100 |
| Franchise Fee | $15,000 - $30,000 | $45,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.5% | 2% |
| Year Founded | 2009 | 2010 |
| Year Franchised | 2012 | 2012 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 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 | -/Yes |
| Start-up Costs | -/Yes | -/Yes |
| Equipment | -/Yes | -/Yes |
| Inventory | -/Yes | -/Yes |
| Receivables | -/Yes | -/Yes |
| Payroll | -/Yes | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed | 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 | 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 | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 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 | No | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About sweetFrog
Shortly after moving to Richmond, Virginia, in 2009, Derek Cha brought the West-Coast frozen yogurt trend to his new home by opening the first sweetFrog store. In addition to a variety of frozen yogurt flavors and toppings, sweetFrog locations offer waffle cones and bowls, Belgian waffles, banana splits and parfaits.
The total investment necessary to begin operation of a sweetFrog Shop is
$231,500 - $477,500 for a Shop in Traditional Venue, $95,600 - $304,000
for a Kiosk Shop or Standard Floor Plan Shop in Non-Traditional Venue
and $122,400 - $219,300 for a Truck.
#23 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Seeking new franchise units throughout the U.S., Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America and Western Europe
Veteran Incentives 25% off franchise fee (50% off in May and November)
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
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#128 in Franchise 500 for 2020.
#100 in Franchise 500 for 2020.