|
Below is an in-depth analysis and side-by-side comparison of Rubyjuice Fruit and Smoothies vs JUICEBLENDZ including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $106,000 - $223,000 | $101,500 - $481,000 |
Franchise Fee | $20,000 | $50,000 |
Royalty Fee | 5.5% | 6% |
Advertising Fee | - | 1% |
Year Founded | 2000 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of current franchise fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | - |
Marketing | Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 10 - 20
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Jack and Tracy Groot owned and operated a coffee bar in Holland, Michigan, when the location next door became available. To take advantage of the opportunity, the couple developed and opened Rubyjuice, offering quick-service smoothies, juices, sandwiches and salads. The menu includes a variety of nutritional supplements that customers may add to their smoothies. Rubyjuice began franchising in 2003.
At JuiceBlendz®, we discovered that the perfect blend of taste and
health provides a great opportunity for entrepreneurs interested in
redefining this industry. We utilize innovative management practices and
imaginative marketing strategies to support the day-to-day operations
of each location.
We provide a variety of services and programs designed
to help you increase your market share and are continually developing
innovative products to enhance our already extensive line.
From the very start, franchisees benefit from the expertise of our
franchise development team. Comprised of seasoned professionals, JuiceBlendz is committed to the continuing expansion, growth and success
of our stores and franchise system