| ||||
Updated RecentlyRubyjuice Fruit and Smoothies vs Forever Yogurt Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rubyjuice Fruit and Smoothies vs Forever Yogurt including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $106,000 - $223,000 | $240,000 - $478,450 |
| Franchise Fee | $20,000 | $40,000 |
| Royalty Fee | 5.5% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2000 | 2010 |
| Year Franchised | 2003 | 2012 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 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 | - | Hands-on training at our corporate office, become a froyo expert. On-The-Job Training: 1-3 days Classroom Training: 1-2 weeks |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations |
| Marketing | Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations |
Number of employees needed to run franchised unit: 10 - 20
Absentee ownership of franchise is allowed. | Absentee Ownership Allowed |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 Forever Yogurt
Forever Yogurt is growing! This young and fun company is an award-winning, leading brand in the industry. With high grossing stores and low overhead, don't miss out on franchising in the US or internationally with Forever Yogurt. We are currently seeking national and international multi-unit owners with exclusive territory rights, and single-unit franchise owners.