Nekter Juice Bars Inc. vs Handel's Homemade Ice Cream Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nekter Juice Bars Inc. vs Handel's Homemade Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Nekter Juice Bars Inc. Franchise
Handel's Homemade Ice Cream Franchise
Investment $224,500 - $584,100$234,500 - $814,500
Franchise Fee $45,000$50,000
Royalty Fee 6%6%
Advertising Fee 2%-
Year Founded 20101945
Year Franchised 20121989
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Nekter Juice Bars Inc. Franchise
Handel's Homemade Ice Cream Franchise
Experience -In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000.

Financing Options

 
Nekter Juice Bars Inc. Franchise
Handel's Homemade Ice Cream Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Nekter Juice Bars Inc. Franchise
Handel's Homemade Ice Cream Franchise
Training On-The-Job Training: 80 hours Classroom Training: 18 hours On-The-Job Training: 120 hours Classroom Training: 4 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates Social media Website development Email marketing
Operations -Number of Employees Required to Run: 25

Expansion Plans

 
Nekter Juice Bars Inc. Franchise
Handel's Homemade Ice Cream Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Nekter Juice Bars Inc.

In 2010, Nekter Juice Bars Inc. set out to transform the juice and smoothie space similarly to how the coffee experience was reinvented in the early 1990’s. Nekter Juice Bars Inc. believes that “healthy” can be affordable, taste good, and feel good too, and it is our mission to provide a healthy foundation for people to feel and live better.

With an Average Unit Volume of $837,263*, outstanding training & support, and huge growth potential, Nekter Juice Bars Inc. is the ideal franchise opportunity for you.

If you are acquiring the right to open three or five locations under our development agreement, instead of paying the franchisor the $45,000 initial franchise fee for one location you will pay to the franchisor either $96,000 for the development of two stores or $145,000 for the development of five stores under the terms of the franchisor’s development agreement. Upon signing, you will pay to the franchisor a Development Fee equal to 100% of the Initial Franchise Fee due for each Store you commit to develop.
Veteran Incentives  20% off franchise fee
"Entrepreneur
#128 in Franchise 500 for 2020.
#100 in Franchise 500 for 2020.





About Handel's Homemade Ice Cream

"Handels

Handel's Homemade Ice Cream & Yogurt is a popular ice cream company franchise founded by Alice Handel in 1945 in Youngstown, Ohio. As of 2020, the company was operating 50 corporate and franchise stores in nine states. Today, it is owned by Leonard Fisher and maintains a corporate headquarters in Canfield, Ohio.

The total investment necessary to begin operation of a Handel’s Franchise ranges from $234,500 to $714,500. This includes between $170,000 and $230,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.

"Entrepreneur
#385 in Franchise 500 for 2020.