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Below is an in-depth analysis and side-by-side comparison of Smoothie King vs La Paloma including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $269,550 - $845,985 | $326,000 - $535,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3% | - |
Year Founded | 1987 | 1967 |
Year Franchised | 1988 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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 | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 9
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
Established in 1967, La Paloma is the most authentic Italian dessert experience. Over 50 years developing countless proprietary recipes, La Paloma is now franchising. "The ART of Italian Artisan Ice Cream". Our turnkey "Gelato Cafe" concept features over 40 flavours in-store to offer a taste of Italy that is unequalled.