Happy Joe's vs Mr. Smoothie Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Happy Joe's vs Mr. Smoothie including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Happy Joe's Franchise
Mr. Smoothie Franchise
Investment $24,470 - $1,030,625$87,650 - $377,400
Franchise Fee $15,000 - $17,000$20,000
Royalty Fee 4.5%-5%5%
Advertising Fee 1.5%to 2%
Year Founded 19721993
Year Franchised 19732001
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee 10% of fee or $2K-


Business Experience Requirements

 
Happy Joe's Franchise
Mr. Smoothie Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Happy Joe's Franchise
    Mr. Smoothie Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support

     
    Happy Joe's Franchise
    Mr. Smoothie Franchise
    Training On-The-Job Training: 300 hours Classroom Training: 40 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media Website development Email marketing Loyalty program/appAd slicks
    Operations 33% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 45

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 6

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)


    Expansion Plans

     
    Happy Joe's Franchise
    Mr. Smoothie Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Happy Joe's

    Lawrence Joseph Whitty had worked in the bakery business for years before becoming an assistant manager at a Shakey's pizzeria. He decided to combine his baking skills with the experience he had gained from working at a pizza restaurant, where he would often hear families decide to go out for ice cream for dessert. Combining pizza and ice cream, Whitty opened the first Happy Joe's Pizza & Ice Cream Parlor in East Davenport, Iowa, in 1972. His signature item was the Happy Joe's Special, a pizza with Canadian bacon and sauerkraut that Whitty created from leftovers in his mother's kitchen. After a franchisee suggested adding tacos to the menu, Whitty created the restaurant's best-selling product, the Taco Pizza.

    Seeking new franchisees in the following regions/states:

     Iowa, Illinois, Minnesota, Missouri, North Dakota and Wisconsin

    The total investment necessary to begin operations of a Happy Joe’s Full Size Restaurant or Happy Joe’s PizzaGrille Restaurant is $279,750 to $1,030,625. This includes $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s DELCO Facility is $164,500 to $423,000. This includes the $0 to $16,500 that must be paid to the franchisor or an affiliate.
    The total investment to begin operations of a Happy Joe’s Satellite ranges from $24,470 to $132,340. This includes the $0 to $16,500 paid to the franchisor or an affiliate.
    The total investment necessary to begin operations of a Happy Joe’s Area Developer business ranges from $17,625 to $94,100. This includes the development fee ranging from $15,000 to $45,000 that must be paid to the franchisor.


    About Mr. Smoothie

    Ready to own TWO of the fastest Growing Franchise Concepts Under ONE Roof? Then Mr. Smoothie & Frozen Yogurt may be the Franchise for YOU!
    Mr. Smoothie, with over 26 years in business in 7 states, is the first Multi- State Franchise system to bring both: Real Fresh Fruit Smoothies and Self Service Frozen Yogurt Under one Roof.
    Since 1996, Mr. Smoothie has been serving the Freshest and most delicious Smoothies, Juices and everyone’s favorite frozen treats

    Mr. Smoothie’s locations are where our customers "Work, Live and Play” helping to accommodate today’s hectic schedules and healthy lifestyles.

    We continually work with our vendors to ensure our locations are supplied with the freshest and healthiest products while delivering the best value to our customers.
    Reqirements:
    *Net worth of $200k and $50k liquid
    *Real Estate, Design & Build Out Assistance
    *All formats: Malls, Strip Centers, Airports & Universities
    *Simple & Easy to Learn Operations
    *On Site Training & Ongoing Store Support
    *Menu items for everyone in the family and all throughout the day
    *National Proprietary Food Vendor for bulk purchasing power
    *Single Store, Multi-Unit and Area Developers welcomed