Rita's vs Booster Juice Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rita's vs Booster Juice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,100 - $435,000 | $153,000 - $240,000 |
Franchise Fee |
$10,000 - $30,000 | $20,000 |
Royalty Fee |
6.5% | 6% |
Advertising Fee |
3% | - |
Year Founded |
1984 | 1999 |
Year Franchised |
1989 | 2000 |
Term Of Agreement |
10 years | 5-10 years |
Term Of Agreement |
10 years | 5-10 years |
Renewal Fee |
50% of current franchise 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/Yes | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
5 days at Cool University and 4 days on site | - |
Support |
Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing |
Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
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 |
Company Overviews
About Rita's
From a small porch front in 1984 in Northeast Philadelphia and a seasonal phenomenon, Rita's continues to see unprecedented growth as it continues to grow across the nation becoming a year round spectacular with its cult-like following. Rita's - made fresh daily - Italian ice obsession is hitting everyone's taste buds and creating a passion not just for the brand but the opportunity to become a Rita's Italian ice franchise owner. It's no wonder we are wired for success and fueled up for our expansion not only across the nation, but internationally we are making our presence known.
Rita's franchisees come from all walks of life with one thing in common - the desire to choose their own destiny with a proven system providing on-going support; not to mention all having a passion for Rita's cool treats and foregoing happiness.
There's no better time than today to begin evaluating the Rita's business model. Why not get a taste of success and view our fresh and desirable products!
The total investment necessary to begin operation of a standard
Rita’s shop is between $175,500 and $435,000. These figures include
between $50,000 to $55,000 that must be paid to the franchisor or its
affiliate.
The total investment necessary to begin operation of an
express Rita’s shop is between $121,100 and $309,900. These figures
include between $33,000 to $33,500 that must be paid to the franchisor
or its affiliate.
If you enter into an agreement for a standard Rita’s
shop or express Rita’s shop, we may offer you the opportunity to enter
into an addendum to operate a Rita’s satellite shop and/or a Rita’s
mobile unit.
The total investment necessary to begin operation of a
Rita’s satellite shop is between $131,550 and $296,400. These figures
include between $19,200 to $25,500 that must be paid to the franchisor
or its affiliate.
The total investment necessary to begin operation of a
Rita’s mobile unit is between $15,100 and $144,600. These figures
include between $10,000 to $13,000 that must be paid to the franchisor
or its affiliate.
About Booster Juice
We are, beyond a doubt, the fastest growing juice bar in all of Canada. Market share and enormous buying power are already increasing the profit opportunity for our partner/franchise owners and our corporate locations.
The public has waited for such a long time to have healthy alternatives to fast food. How about something other than cheeseburgers and fries. How about fruit? The Canadian Dietary Association recommends 5 servings of fruits and vegetables per day and that's just what we bring you in one of our 24 oz. smoothies.
Our concept is geared to the active lifestyles of the public. Smoothies are ideal as meals on the run, power breakfasts, energy enhancers, workout snacks and afternoon treats. It's no wonder why the Juice and Smoothie Bar sector is growing at an annual rate of 30% while the fast food sector is growing at a rate of 3%. The public embraces alternatives when the concept is solid and the product exceptional. And our product is right in tune with what the customer is demanding-- healthy alternatives to fast food.
#19 in Canada's Top franchises.