Start-Up Costs and Fees |
||
| Juice It Up! | Planet Smoothie | |
| Investment | 214375 - 390475 | 190150 - 358500 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1995 | 1995 |
| Year Franchised | 1998 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Juice It Up! | Planet Smoothie | |
| Experience | General business experience Marketing skills | A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000. |
Financing Options |
||
| Juice It Up! | Planet Smoothie | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Juice It Up! | Planet Smoothie | |
| Training | Comprehensive Franchise Training Program consisting of an Orientation, Initial Franchise Training (pre-store start up), and --On The Job-- Training, including a complete set of training manuals. On-The-Job Training: 100 hours Classroom Training: 36 hours | Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant. |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Juice It Up! | Planet Smoothie | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Juice It Up! | |
| Planet Smoothie | |
| Franchise Fee | |
| Juice It Up! | |
| Planet Smoothie | |
| Royalty Fee | |
| Juice It Up! | 6% |
| Planet Smoothie | 5% |
| Advertising Fee | |
| Juice It Up! | 2% |
| Planet Smoothie | 2% |
| Year Founded | |
| Juice It Up! | 1995 |
| Planet Smoothie | 1995 |
| Year Franchised | |
| Juice It Up! | 1998 |
| Planet Smoothie | 1995 |
| Term Of Agreement | |
| Juice It Up! | 10 years |
| Planet Smoothie | |
| Renewal Fee | |
| Juice It Up! | |
| Planet Smoothie | |
Business Experience Requirements |
|
| Experience | |
| Juice It Up! | General business experience Marketing skills |
| Planet Smoothie | A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000. |
Financing Options |
|
| Franchise Fees | |
| Juice It Up! | No |
| Planet Smoothie | No |
| Start-up Costs | |
| Juice It Up! | |
| Planet Smoothie | |
| Equipment | |
| Juice It Up!} | |
| Planet Smoothie | |
| Inventory | |
| Juice It Up! | |
| Planet Smoothie | |
| Receivables | |
| Juice It Up! | |
| Planet Smoothie | |
| Payroll | |
| Juice It Up! | |
| Planet Smoothie | |
Training & Support |
|
| Training | |
| Juice It Up! | Comprehensive Franchise Training Program consisting of an Orientation, Initial Franchise Training (pre-store start up), and --On The Job-- Training, including a complete set of training manuals. On-The-Job Training: 100 hours Classroom Training: 36 hours |
| Planet Smoothie | Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant. |
| Support | |
| Juice It Up! | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Planet Smoothie | |
| Marketing | |
| Juice It Up! | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app |
| Planet Smoothie | |
| Operations | |
| Juice It Up! | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
| Planet Smoothie | |
Expansion Plans |
|
| US Expansion | |
| Juice It Up! | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Planet Smoothie | |
| Canada Expansion | |
| Juice It Up! | 0 |
| Planet Smoothie | 0 |
| International Expansion | |
| Juice It Up! | |
| Planet Smoothie | |