Start-Up Costs and Fees |
||
| Planet Smoothie | LOCO JUICE | |
| Investment | 190150 - 358500 | 56800 - 99500 |
| Franchise Fee | ||
| Royalty Fee | 5% | >$200 or 5% weekly |
| Advertising Fee | 2% | $200/ month local |
| Year Founded | 1995 | 1996 |
| Year Franchised | 1995 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Smoothie | LOCO JUICE | |
| Experience | 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 |
||
| Planet Smoothie | LOCO JUICE | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Planet Smoothie | LOCO JUICE | |
| Training | 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. | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. |
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Planet Smoothie | LOCO JUICE | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Smoothie | |
| LOCO JUICE | |
| Franchise Fee | |
| Planet Smoothie | |
| LOCO JUICE | |
| Royalty Fee | |
| Planet Smoothie | 5% |
| LOCO JUICE | >$200 or 5% weekly |
| Advertising Fee | |
| Planet Smoothie | 2% |
| LOCO JUICE | $200/ month local |
| Year Founded | |
| Planet Smoothie | 1995 |
| LOCO JUICE | 1996 |
| Year Franchised | |
| Planet Smoothie | 1995 |
| LOCO JUICE | 2001 |
| Term Of Agreement | |
| Planet Smoothie | |
| LOCO JUICE | 5 years |
| Renewal Fee | |
| Planet Smoothie | |
| LOCO JUICE | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| LOCO JUICE | |
Financing Options |
|
| Franchise Fees | |
| Planet Smoothie | |
| LOCO JUICE | |
| Start-up Costs | |
| Planet Smoothie | |
| LOCO JUICE | |
| Equipment | |
| Planet Smoothie} | |
| LOCO JUICE | |
| Inventory | |
| Planet Smoothie | |
| LOCO JUICE | |
| Receivables | |
| Planet Smoothie | |
| LOCO JUICE | |
| Payroll | |
| Planet Smoothie | |
| LOCO JUICE | |
Training & Support |
|
| Training | |
| 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. |
| LOCO JUICE | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. |
| Support | |
| Planet Smoothie | |
| LOCO JUICE | |
| Marketing | |
| Planet Smoothie | |
| LOCO JUICE | |
| Operations | |
| Planet Smoothie | |
| LOCO JUICE | |
Expansion Plans |
|
| US Expansion | |
| Planet Smoothie | |
| LOCO JUICE | |
| Canada Expansion | |
| Planet Smoothie | 0 |
| LOCO JUICE | |
| International Expansion | |
| Planet Smoothie | |
| LOCO JUICE | |