|
Below is an in-depth analysis and side-by-side comparison of The Haagen-Dazs Shoppe vs Booster Juice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $164,518 - $542,768 | $153,000 - $240,000 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | $5.3K/yr. | - |
Year Founded | 1961 | 1999 |
Year Franchised | 1977 | 2000 |
Term Of Agreement | - | 5-10 years |
Term Of Agreement | - | 5-10 years |
Renewal Fee | - | $5K |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Grand opening, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
Operations |
Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
Franchisees required to buy multiple units/master licenses; 7-10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | Yes |