|
Below is an in-depth analysis and side-by-side comparison of JUGO JUICE vs Yogurt Lab including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $173,000 - $233,000 | $313,500 - $557,000 |
Franchise Fee | N/A | $35,000 |
Royalty Fee | - | 6% of Gross Revenues |
Advertising Fee | - | 1% local |
Year Founded | 1998 | 2011 |
Year Franchised | 2002 | 2013 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | Before you open your Store, we will train you and one of your manager-level employees to operate a YOGURT L AB Store. We will provide approximately eight days of training (although the specific number of days depends on our opinion of your experience and needs) in Minneapolis, Minnesota, or another location we designate. You must attend the entire training program. Additional people beyond the first two may attend initial training if you pay our then- current training charge for each additional person (currently $500 per person per day). You also must pay for all travel and living expenses that you and your employees incur and for your employees' wages and workers' compensation insurance while they attend our initial training program. Training will occur after you sign the Franchise Agreement and while you are developing the Store. You and your attendees must complete the entire training program to our satisfaction before you may open your Store |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Jugo Juice is passionately committed to healthy living, and a leader in creating delicious yet healthy meals on the go. With an innovative and popular menu of signature smoothies, fresh-pressed juices and grilled-to-order wraps and flatbreads, Jugo Juice is the preferred quick service restaurant for a rapidly growing number of today’s active and busy consumers. The company is best known as the innovator behind the smoothie evolution, offering the only smoothie in the industry with over 5 servings of fruits and vegetables, with absolutely no sorbet or other added sugar & fillers.