Start-Up Costs and Fees |
||
| Surf City Squeeze | Bananas Smoothies & Frozen Yogurt | |
| Investment | 64600 - 311750 | 224500 - 457000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1989 | 1975 |
| Year Franchised | 1995 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Surf City Squeeze | Bananas Smoothies & Frozen Yogurt | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Surf City Squeeze | Bananas Smoothies & Frozen Yogurt | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Surf City Squeeze | Bananas Smoothies & Frozen Yogurt | |
| Training | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 19 |
Expansion Plans |
||
| Surf City Squeeze | Bananas Smoothies & Frozen Yogurt | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
| Franchise Fee | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
| Royalty Fee | |
| Surf City Squeeze | 6% |
| Bananas Smoothies & Frozen Yogurt | 5% |
| Advertising Fee | |
| Surf City Squeeze | 1% |
| Bananas Smoothies & Frozen Yogurt | 1% |
| Year Founded | |
| Surf City Squeeze | 1989 |
| Bananas Smoothies & Frozen Yogurt | 1975 |
| Year Franchised | |
| Surf City Squeeze | 1995 |
| Bananas Smoothies & Frozen Yogurt | 2003 |
| Term Of Agreement | |
| Surf City Squeeze | 10 years |
| Bananas Smoothies & Frozen Yogurt | |
| Renewal Fee | |
| Surf City Squeeze | 75% of then-current fee |
| Bananas Smoothies & Frozen Yogurt | |
Business Experience Requirements |
|
| Experience | |
| Surf City Squeeze | Industry experience General business experience |
| Bananas Smoothies & Frozen Yogurt | |
Financing Options |
|
| Franchise Fees | |
| Surf City Squeeze | No |
| Bananas Smoothies & Frozen Yogurt | No |
| Start-up Costs | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
| Equipment | |
| Surf City Squeeze} | |
| Bananas Smoothies & Frozen Yogurt | |
| Inventory | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
| Receivables | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
| Payroll | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
Training & Support |
|
| Training | |
| Surf City Squeeze | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Bananas Smoothies & Frozen Yogurt | |
| Support | |
| Surf City Squeeze | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Bananas Smoothies & Frozen Yogurt | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Surf City Squeeze | Co-op advertising, Ad slicks, Regional advertising |
| Bananas Smoothies & Frozen Yogurt | |
| Operations | |
| Surf City Squeeze | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Bananas Smoothies & Frozen Yogurt | Absentee Ownership Allowed Number of Employees Required to Run: 19 |
Expansion Plans |
|
| US Expansion | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |
| Canada Expansion | |
| Surf City Squeeze | 0 |
| Bananas Smoothies & Frozen Yogurt | |
| International Expansion | |
| Surf City Squeeze | |
| Bananas Smoothies & Frozen Yogurt | |