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Updated RecentlyNRgize Lifestyle Cafe vs 16 Handles Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of NRgize Lifestyle Cafe vs 16 Handles including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $63,400 - $341,050 | $274,500 - $735,000 |
| Franchise Fee | $7,500 - $30,000 | $30,000 |
| Royalty Fee | >6% or $250 weekly | 6% |
| Advertising Fee | 0.5% | 2% |
| Year Founded | 2006 | 2008 |
| Year Franchised | 2006 | 2010 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | 10% of the then franchise fee |
Business Experience Requirements |
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| Experience | - | Experienced business people, franchisees, and multi-unit operators |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/Yes |
| Start-up Costs | -/- | No/Yes |
| Equipment | -/- | No/Yes |
| Inventory | -/- | No/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | The extensive NRgize training course includes 5 days of classroom training at KTEC, Kahala Training and Education Center, which is held at Kahala Corp’s Scottsdale offices. When your new NRgize location is ready to open, we will provide another 5 full days of in-store training with an NRgize Store Opening Trainer. | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists |
| Support | - | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. |
| Marketing | - | - |
| Operations | - | A Franchise Business Consultant will be assigned to your store to assist with all business operations |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About NRgize Lifestyle Cafe
Clients across the nation are requesting helpful, awesome tasting sustenance offerings that won't imperil their wellbeing cognizant way of life. NrGize Lifestyle Cafe™ conveys on this request offering heavenly, supplement pressed items that fuel to fulfill everybody from the competitor to the learner and each one of those in the middle. We stand firm on our dedication to wellbeing and set ourselves apart from our rivals by utilizing just the most delightful natural product, most elevated quality supplements* and our restrictive smoothie formulas, all of which make our product offering genuinely exceptional. As smoothies keep on being a prevalent dinner swap and nibble choice for buyers, NrGize can possibly proceed with its extension.
Because of your prosperity, NrGize keeps on developing as buyer requests and patterns change. From one of a kind co-marking chances to extra menu things, we are always pushing ahead with better approaches to develop your business. Our innovative work group takes incredible pride in creating items that meet the regularly changing requests for our wellbeing cognizant clients and our exhaustive preparing program conveys the instruments you have to productively work your NrGize Lifestyle Cafe™. Preceding opening, you will get 16 hours of in-store preparing which traces the operational frameworks. Endless supply of your in-store preparing, you will burn through five days at the Kahala Training and Education Center (KTEC) in Scottsdale, Ariz. Themes secured at KTEC incorporate instructing, client benefit, preparing, business data, showcasing, gainfulness and that's just the beginning.
What's more, the support doesn't stop there. We comprehend that opening an eatery isn't care for flipping a switch, so we've built up a novel bolster structure that gives you the best chance to get down to business. When you turn into a NrGize franchisee, we'll be close by all through the excursion of opening your store. Our devoted NrGize group will help you with critical pre-opening strides, for example, site choice, outline and development, and also a fabulous opening arrangement. Our tried working framework and industry encounter empowers us to keep the cost of passage and working expenses as low as conceivable with a specific end goal to augment your development.
In particular, you will have an assigned NrGize agent accessible to bolster you and answer inquiries en route. They will be your everyday contact all through the way toward opening your store and they will keep on supporting you as you develop your business. This agent is situated close to your area so they know you, your store and your business openings.
About 16 Handles
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