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Below is an in-depth analysis and side-by-side comparison of Rubyjuice Fruit and Smoothies vs Tasti D-Lite including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $106,000 - $223,000 | $234,000 - $423,260 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 5.5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 2000 | 1987 |
Year Franchised | 2003 | 1987 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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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 |
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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.
The primary Tasti D-Lite opened in New York in 1987, offering a dairy-based delicate serve solidified pastry with less calories and carbs than most solidified yogurts and frozen yogurts. Stores offer a pivoting choice of more than 100 self-serve flavors. In 2007, the organization was gained by a private value firm, Snow Phippps Group. The central station was moved to Franklin, Tennessee, and new CEO James Amos, Jr., (previous CEO of Mail Boxes Etc.) started diversifying across the country in 2008.
Gotten to be a piece of our developing festival of life and wellbeing. Convey a Tasti D-Lite focus to your companions and neighbors. Find out about our household establishment program This is your chance to transplant this New York wonder to your own particular group. Tasti D-Lite's vision is to build up an establishment organize all through the U.S., conveying this bravo treat to each city and town. We know America is prepared! In the event that you look to develop past a solitary area, Tasti D-Lite offers a different unit possession program, including a dynamically lessened charge structure and extra preparing in dealing with a multi-unit business.