|
Below is an in-depth analysis and side-by-side comparison of Carvel vs Surf City Squeeze including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,600 - $415,500 | $64,600 - $311,750 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | $2.44/gal. | 6% |
Advertising Fee | $2.13/gallon | 1% |
Year Founded | 1934 | 1989 |
Year Franchised | 1947 | 1995 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | Then current fee | 75% of then-current fee |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, Regional advertising |
Operations |
International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
The SURF CITY SQUEEZE diversifying framework has turned out to be exceptionally fruitful. A critical number of existing franchisees are searching for extra areas and in addition a few planned franchisees in the endorsement procedure to be conceded establishments as they get to be distinctly accessible. The Franchise Department can help with finding financing, site determination, development coordination and notwithstanding finding a bookkeeper. The Franchise Department likewise unequivocally energizes communication between the franchisees keeping in mind the end goal to make an extended hotspot for thoughts, data, and support.
We comprehend what it takes to make a decent smoothie and we set ourselves apart from our rivals by utilizing just the most tasty organic product, most elevated quality supplements* and our restrictive smoothie blend, all of which make our smoothies genuinely novel. What's more, as smoothies keep on being a well known supper trade and nibble alternative for customers, Surf City Squeeze® can possibly proceed with its development.
We stand firm on our dedication to bolster our franchisees. When you turn into a Surf City Squeeze franchisee, we'll be close by all through the excursion of opening your store and past. Our devoted Surf City Squeeze group will help you with imperative pre-opening strides, for example, site choice, outline and development, and in addition a great opening arrangement. Our working framework and industry encounter empowers us to keep the cost of passage and working expenses as low as would be prudent.
Making waves since 1981