Start-Up Costs and Fees |
||
| Smoothie Factory | Little Scoops | |
| Investment | 141500 - 424500 | 87000 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | $350/wk |
| Advertising Fee | ||
| Year Founded | 1996 | 2002 |
| Year Franchised | 1997 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smoothie Factory | Little Scoops | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | |
Financing Options |
||
| Smoothie Factory | Little Scoops | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smoothie Factory | Little Scoops | |
| Training | Ongoing support as needed | |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Smoothie Factory | Little Scoops | |
| US Expansion | North East, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smoothie Factory | |
| Little Scoops | |
| Franchise Fee | |
| Smoothie Factory | |
| Little Scoops | |
| Royalty Fee | |
| Smoothie Factory | 5% |
| Little Scoops | $350/wk |
| Advertising Fee | |
| Smoothie Factory | |
| Little Scoops | |
| Year Founded | |
| Smoothie Factory | 1996 |
| Little Scoops | 2002 |
| Year Franchised | |
| Smoothie Factory | 1997 |
| Little Scoops | 2003 |
| Term Of Agreement | |
| Smoothie Factory | |
| Little Scoops | 10 years |
| Renewal Fee | |
| Smoothie Factory | |
| Little Scoops | |
Business Experience Requirements |
|
| Experience | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
| Little Scoops | |
Financing Options |
|
| Franchise Fees | |
| Smoothie Factory | |
| Little Scoops | |
| Start-up Costs | |
| Smoothie Factory | |
| Little Scoops | |
| Equipment | |
| Smoothie Factory} | |
| Little Scoops | |
| Inventory | |
| Smoothie Factory | |
| Little Scoops | |
| Receivables | |
| Smoothie Factory | |
| Little Scoops | |
| Payroll | |
| Smoothie Factory | |
| Little Scoops | |
Training & Support |
|
| Training | |
| Smoothie Factory | |
| Little Scoops | Ongoing support as needed |
| Support | |
| Smoothie Factory | |
| Little Scoops | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Smoothie Factory | |
| Little Scoops | Co-op advertising, Ad slicks |
| Operations | |
| Smoothie Factory | |
| Little Scoops | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Smoothie Factory | |
| Little Scoops | North East, |
| Canada Expansion | |
| Smoothie Factory | |
| Little Scoops | |
| International Expansion | |
| Smoothie Factory | |
| Little Scoops | |