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Below is an in-depth analysis and side-by-side comparison of Booster Juice vs Tropicana Smoothies Juices & More! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $153,000 - $240,000 | $175,000 - $225,000 |
Franchise Fee | $20,000 | $75,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1999 | 1949 |
Year Franchised | 2000 | 2004 |
Term Of Agreement | 5-10 years | 10 yeaqrs +10 |
Term Of Agreement | 5-10 years | 10 yeaqrs +10 |
Renewal Fee | $5K | - |
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/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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) | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
TROPICANA SMOOTHIES, JUICES & MORE! is a co-branding concept with premium-quality smoothies, nationally-branded ice cream and frozen yogurt. Concept will be sold as exclusive Territory Development Agreements for markets with a minimum of 500,000 population, with a development commitment of 5 stores in 10 years for established food-service and retail owners/operators.