| ||||
Updated RecentlyBooster Juice vs LOCO JUICE Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Booster Juice vs LOCO JUICE including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $153,000 - $240,000 | $56,800 - $99,500 |
| Franchise Fee | $20,000 | $10,000 |
| Royalty Fee | 6% | >$200 or 5% weekly |
| Advertising Fee | - | $200/ month local |
| Year Founded | 1999 | 1996 |
| Year Franchised | 2000 | 2001 |
| Term Of Agreement | 5-10 years | 5 years |
| Term Of Agreement | 5-10 years | 5 years |
| Renewal Fee | $5K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
Franchisees required to buy multiple units/master licenses; 7-10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Booster Juice
We are, beyond a doubt, the fastest growing juice bar in all of Canada. Market share and enormous buying power are already increasing the profit opportunity for our partner/franchise owners and our corporate locations.
The public has waited for such a long time to have healthy alternatives to fast food. How about something other than cheeseburgers and fries. How about fruit? The Canadian Dietary Association recommends 5 servings of fruits and vegetables per day and that's just what we bring you in one of our 24 oz. smoothies.
Our concept is geared to the active lifestyles of the public. Smoothies are ideal as meals on the run, power breakfasts, energy enhancers, workout snacks and afternoon treats. It's no wonder why the Juice and Smoothie Bar sector is growing at an annual rate of 30% while the fast food sector is growing at a rate of 3%. The public embraces alternatives when the concept is solid and the product exceptional. And our product is right in tune with what the customer is demanding-- healthy alternatives to fast food.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
#19 in Canada's Top franchises.
About LOCO JUICE
According to information we found, LOCO JUICE is now Inactive