Rubyjuice Fruit and Smoothies vs Smoothie Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rubyjuice Fruit and Smoothies vs Smoothie Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Rubyjuice Fruit and Smoothies Franchise
Smoothie Factory Franchise
Investment $106,000 - $223,000$141,500 - $424,500
Franchise Fee $20,000$30,000
Royalty Fee 5.5%5%
Advertising Fee --
Year Founded 20001996
Year Franchised 20031997
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 10% of current franchise fee-


Business Experience Requirements

 
Rubyjuice Fruit and Smoothies Franchise
Smoothie Factory Franchise
Experience - * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital

Financing Options

 
Rubyjuice Fruit and Smoothies Franchise
Smoothie Factory Franchise
  In-House/3rd PartyIn-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

 
Rubyjuice Fruit and Smoothies Franchise
Smoothie Factory Franchise
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

 
Rubyjuice Fruit and Smoothies Franchise
Smoothie Factory Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

Company Overviews

About Rubyjuice Fruit and Smoothies

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.

About Smoothie Factory

Smoothie Factory - A Fresh Concept in Franchising!
Smoothie Factory is a leader in today's growing $2 billion juice and smoothie bar industry. Founded by an Olympic athlete, Smoothie Factory meets the ever increasing demand for healthier options to traditional fast food. We believe in the simple concept of providing guests with reasonably priced smoothies, non-fat frozen yogurt and other healthy snacks served quickly in attractive, clean, pleasant surroundings every day. In addition to our great food product, our stores retail value priced dietary supplements enabling the franchisee to have multiple revenue sources under one roof. Smoothie Factory has established over 70 locations nationwide, along with international licenses in China and Vietnam, with a brand that has become recognized for excellence in service, product and value.
Smoothie Factory Franchise Opportunity.
Smoothie Factory's most impressive benefit, perhaps, is its desire to continually enhance its franchising system, interior design and image. The result has been a solid, unbroken track record of success, and a company poised for rapid expansion - an unparalleled blend of vision, product offerings and a franchise opportunity that's just right for forward-thinking entrepreneurs. In addition, an unwavering commitment to value on nutritional products continues to be an ingredient in our recipe for success. In fact, we sell nutritional products too, for less, every day, at 30%-50% off MSRP, making our franchise community a leader in nutritional product sales.

The total investment necessary to begin operation of a Smoothie Factory' Store ranges from $257,000 to $365,700. This includes the $42,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store ranges from $141,500 to $305,000. This includes the $27,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory-RED MANGO Co-Branded Traditional Store ranges from $309,000 to $424,500. This includes the $47,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store Co-Branded with a Third-Party Concept ranges from $75,500 to $189,500. This includes the $20,000 to $27,000 that must be paid to the franchisor or an affiliate.