Nekter Juice Bars Inc. vs Let's Yo! Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nekter Juice Bars Inc. vs Let's Yo! including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Nekter Juice Bars Inc. Franchise
Let's Yo! Franchise
Investment $224,500 - $584,100$360,000 - $466,000
Franchise Fee $45,000$25,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 20102008
Year Franchised 20122008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Nekter Juice Bars Inc. Franchise
Let's Yo! Franchise
Experience --

Financing Options
 
Nekter Juice Bars Inc. Franchise
Let's Yo! Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Nekter Juice Bars Inc. Franchise
Let's Yo! Franchise
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
 
Nekter Juice Bars Inc. Franchise
Let's Yo! Franchise
US Expansion YesYes
Canada Expansion --
International Expansion 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
"Entrepreneur
#128 in Franchise 500 for 2020.
#100 in Franchise 500 for 2020.





About Let's Yo!

"Home"

Want to own your own business, but don’t want to start from square one? Looking to take advantage of the booming market within the franchise industry? Know the basics of operating a business but want access to expert training and corporate support?
Let’s Yo! Yogurt is looking for franchisees who have an entrepreneurial spirit to aid in the growth of our rapidly expanding company. Today, $1 out of every $3 spent by Americans is for a good or service from a franchise. Take advantage of our name recognition, excellent products, and ideal business model to make your jump into the lucrative world of business franchising. Become your own boss and the owner of a successful, modern business by teaming up with Let’s Yo! Yogurt.