|
Below is an in-depth analysis and side-by-side comparison of Creamistry vs Nekter Juice Bars Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $224,500 - $576,500 | $224,500 - $584,100 |
Franchise Fee | $40,000 | $45,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1.5% | 2% |
Year Founded | 2014 | 2010 |
Year Franchised | 2014 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - a passion for customer service - a strong business acumen. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/Yes |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 9-12 hours Additional Training: 10-12 days at franchisee's location | On-The-Job Training: 80 hours Classroom Training: 18 hours |
Support | Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software 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 | Ad Templates 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 | Number of Employees Required to Run: 15 - 20 | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.