Boloco Inspired Burritos vs Smoothie Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Boloco Inspired Burritos vs Smoothie Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Boloco Inspired Burritos Franchise
Smoothie Factory Franchise
Investment $190,000 - $400,000$141,500 - $424,500
Franchise Fee $25,000$30,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19971996
Year Franchised 20041997
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $10000-


Business Experience Requirements
 
Boloco Inspired Burritos Franchise
Smoothie Factory Franchise
Experience - * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital

Financing Options
 
Boloco Inspired Burritos Franchise
Smoothie Factory Franchise
  In-House/3rd PartyIn-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
 
Boloco Inspired Burritos Franchise
Smoothie Factory Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Boloco Inspired Burritos Franchise
Smoothie Factory Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.

About Smoothie Factory

Smoothie Factory - A Fresh Concept in Franchising!
Smoothie Factory is a leader in today's growing $2 billion juice and smoothie bar industry. Founded by an Olympic athlete, Smoothie Factory meets the ever increasing demand for healthier options to traditional fast food. We believe in the simple concept of providing guests with reasonably priced smoothies, non-fat frozen yogurt and other healthy snacks served quickly in attractive, clean, pleasant surroundings every day. In addition to our great food product, our stores retail value priced dietary supplements enabling the franchisee to have multiple revenue sources under one roof. Smoothie Factory has established over 70 locations nationwide, along with international licenses in China and Vietnam, with a brand that has become recognized for excellence in service, product and value.
Smoothie Factory Franchise Opportunity.
Smoothie Factory's most impressive benefit, perhaps, is its desire to continually enhance its franchising system, interior design and image. The result has been a solid, unbroken track record of success, and a company poised for rapid expansion - an unparalleled blend of vision, product offerings and a franchise opportunity that's just right for forward-thinking entrepreneurs. In addition, an unwavering commitment to value on nutritional products continues to be an ingredient in our recipe for success. In fact, we sell nutritional products too, for less, every day, at 30%-50% off MSRP, making our franchise community a leader in nutritional product sales.

The total investment necessary to begin operation of a Smoothie Factory' Store ranges from $257,000 to $365,700. This includes the $42,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store ranges from $141,500 to $305,000. This includes the $27,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory-RED MANGO Co-Branded Traditional Store ranges from $309,000 to $424,500. This includes the $47,000 that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Smoothie Factory' Non-Traditional Store Co-Branded with a Third-Party Concept ranges from $75,500 to $189,500. This includes the $20,000 to $27,000 that must be paid to the franchisor or an affiliate.