|
Below is an in-depth analysis and side-by-side comparison of Maui Wowi Hawaiian Coffees & Smoothies vs Tikiz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $31,100 - $394,000 | $132,500 - $146,000 |
Franchise Fee | $25,000 - $65,000 | $20,000 |
Royalty Fee | 0 | - |
Advertising Fee | - | - |
Year Founded | 1983 | 2011 |
Year Franchised | 1997 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | Full & continuous support | - |
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, Regional advertising | - |
Operations |
65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Crisp organic product smoothies were a for all intents and purposes obscure item in 1983, when Jeff and Jill Summerhays started offering them low maintenance at occasions. Maui Wowi Hawaiian was worked to give their 'ohana (family) a solid other option to the sugar and fat loaded sustenances that appeared to be all over the place! Similarly as energetic, the Summerhayses needed to make a plan of action that was fun, adaptable, and portable so they could offer their everything characteristic, crisp organic product smoothies anyplace they had a craving for voyaging.
Australia's Gold Coast appeared like the ideal place to hang and put their idea under a magnifying glass so they stuffed it up, and made a beeline for the Land Down Under. It was not much sooner than the Aussies figured out how to hunger for these ono'licious mixes.
The Tikiz Truck was designed from the ground up to be a one-of-a-kind eye catching shaved ice and ice cream truck. During the conceptual stages of building the Tikiz truck, there were no limits on the custom components placed on and in the truck to make sure it was the wildest, most appealing shaved ice and ice cream truck someone would ever see. Some of the key features include: Brand New Ford heavy-duty chassis and truck body Self serving, patent-pending "Surv-Board" where customers can dispense their own custom fruit syrup creations An exotic highly visible Hawaiian beach themed vehicle wrap Custom real surf board lighted signs No generators. Everything runs from high output batteries that charge over-night or from the trucks alternator Top of the line high output Ice Shaver. Produces 400 to 600 small shaved ice within an hour Custom built stainless steel and aluminum cabinets, quality refrigeration equipment, advanced electronic gauges, self contained water system & more Aftermarket custom 20" inch chrome wheels with specialty fire design tires Inviting tropical steel drum music playing on an exterior Bose speakers Custom HID headlight bulbs, LED strobe lights and under truck neon lights bring major attention to the vehicle at night 20' tall Air Dancer inflatable Tikiz character for use at special events, parties and FUNdraisers Many More Exciting Features!