| ||||
Updated RecentlyMr. Smoothie vs Farr's Fresh Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Smoothie vs Farr's Fresh including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $87,650 - $377,400 | $285,000 - And Up |
| Franchise Fee | $20,000 | $20,000 - $30,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | to 2% | 2% |
| Year Founded | 1993 | - |
| Year Franchised | 2001 | - |
| Term Of Agreement | 10 years | 10 years+10 |
| Term Of Agreement | 10 years | 10 years+10 |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | At FARR'S FRESH, we recruit well-capitalized franchisees who desire to develop a multi-unit company; it helps to have some restaurant experience (not a requirement). Successful franchisees usually are outgoing, hard working, self motivated, professional, and enjoy working with the public. |
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 | - | - |
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | You will receive the start-up kit and Operations Manual that will help start-up operations. Our BLOG, web site, and e-mail will deliver information, keeping you informed on the industry and with FARR'S FRESH. We hold an annual convention where we discuss upcoming trends and the direction of the industry. |
| Marketing | Ad slicks | - |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 6
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Mr. Smoothie
Mr. Smoothie’s locations are where our customers "Work, Live and Play” helping to accommodate today’s hectic schedules and healthy lifestyles.
We continually work with our vendors to ensure our locations are supplied with the freshest and healthiest products while delivering the best value to our customers.
About Farr's Fresh
So you're ready to start your own business, become your own boss, control your own destiny. Congratulations-you've made the right choice. Now, you've got a few other choices to make-like whom to work with to help you achieve your dreams. What makes Farr's the best choice for your investment? We have the best marketing plan, the highest quality products direct from the manufacturer, with one of the strongest support system in the franchising industry and one of the most-respected names in ice cream. Coupled with your skills and the unique opportunity to offer customers all three varieties of frozen desserts (we are the only franchisor that we know of that is presently offering all three), we give you the potential for a strong ROI. Why not have your business be a bright, friendly, inviting environment for customers to enjoy-one that gives you the fun of providing customers with something everyone likes-delicious desserts and treats. It's easy to see why we are the fastest growing franchise concept in our industry. After all, we're a FARR BETTER CHOICE! Here's the scoop-work with a company that has been the leader in its industry for more than 90 years, a company with the experience, expertise and most importantly the concept and product that will allow you to reach your dreams and earn your just desserts. And it starts with that-dessert! Just like the choices our customers make at every Farr's Fresh Ice Cream and Frozen Yogurt Cafe, there are lots of reasons why you should choose to become part of our franchise family.