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Updated RecentlyRubyjuice Fruit and Smoothies vs I-CE-NY Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rubyjuice Fruit and Smoothies vs I-CE-NY 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 | $146,400 - $404,300 |
| Franchise Fee | $20,000 | $25,000 |
| Royalty Fee | 5.5% | 4% |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2015 |
| Year Franchised | 2003 | 2016 |
| 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 | 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 I-CE-NY
!["I-CE-NY]("https://fddexchange.com/wp-content/uploads/2020/01/I-CE-NY.png")
I-CE NY (I-See-en-why) is the original rolled ice cream from Thailand.
In 2011, rolled ice cream or smashed ice cream was firstly introduced to
the world under the brand "I-TIM-PAD" (or ไอติมผั in Thai). The
company quickly stormed Thailand with 30 franchise vendor locations in
the first six months.
Now, it’s grown to over 250 locations all over Thailand, and Asia
continent including Cambodia, Laos, Indonesia etc. In 2015, we’ve
crossed the Pacific and established our first store in New York City,
called I-CE-NY.
7 ice cream base flavors + 20 mix-in ingredients + more than 32 toppings = endless opportunities to challenge your creativity.
The total investment necessary to begin operation of a single I-CE-NY
shop is $146,400 to $404,300. This amount includes $30,500 to $40,500
that is payable to the franchisor and their affiliates.
The total
investment necessary to begin operation under a three to five unit
Multi-Unit Development Agreement is $53,000 to $80,000. This includes
$50,000 to $75,000 that must be paid to the franchisor. There is no
minimum number of shops that you are required to develop under
the Multi-Unit Development Agreement.