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Updated RecentlyNekter Juice Bars Inc. vs Shakeaway Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nekter Juice Bars Inc. vs Shakeaway including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $224,500 - $584,100 | $122,800 - $200,750 |
| Franchise Fee | $45,000 | $26,750 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2010 | 1999 |
| Year Franchised | 2012 | 1998 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| 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 | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
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.
About Shakeaway
!["ShakeAway]("https://fddexchange.com/wp-content/uploads/2020/09/ShakeAway-300x110.png")
Shakeaway is the world’s largest milkshake bar company and the original re-inventor of the milkshake since 1999, with over 50 stores in the UK, Jordan, Timor Leste and Poland, with many more locations to follow including India, the UAE, South Africa, Colombia, Iraq, Canada & Thailand.
Shakeaway is an innovative and successful company that has created a market within the cold dessert industry; we are renowned for re-inventing hand made to order milkshakes, smoothies, 100% fat free frozen yoghurt desserts, refreshing shaved ice and lower fat fries.
No one makes a milkshake taste the way Shakeaway do as you eat and drink our shakes that are all hand made to order.
The choices are endless such as ferrero rocher and daim bar, real fresh fruit such as banana and passion fruit, luxury shakes such as red velvet cake and salted caramel, the millionaire’s milkshake made with real 23 carat edible gold and amazing fizzy soda shakes made with real coke, fanta zero and more.
With over 180 milkshake flavours, there really are millions of possible combinations which is why you truly can “live forever and never have the same milkshake twice”.
Get involved in this fun, fast growing and profitable franchise now and
become part of the world’s largest milkshake bar company.
Shakeaway stores promise a vibrant atmosphere that includes Shakeaway Radio and TV channels for our customers to enjoy.