Start-Up Costs and Fees |
||
| Surf City Squeeze | Planet Smoothie | |
| Investment | 64600 - 311750 | 190150 - 358500 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1989 | 1995 |
| Year Franchised | 1995 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Surf City Squeeze | Planet Smoothie | |
| Experience | Industry experience General business 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 |
||
| Surf City Squeeze | Planet Smoothie | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Surf City Squeeze | Planet Smoothie | |
| 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. | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| 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) | |
Expansion Plans |
||
| Surf City Squeeze | Planet Smoothie | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Surf City Squeeze | |
| Planet Smoothie | |
| Franchise Fee | |
| Surf City Squeeze | |
| Planet Smoothie | |
| Royalty Fee | |
| Surf City Squeeze | 6% |
| Planet Smoothie | 5% |
| Advertising Fee | |
| Surf City Squeeze | 1% |
| Planet Smoothie | 2% |
| Year Founded | |
| Surf City Squeeze | 1989 |
| Planet Smoothie | 1995 |
| Year Franchised | |
| Surf City Squeeze | 1995 |
| Planet Smoothie | 1995 |
| Term Of Agreement | |
| Surf City Squeeze | 10 years |
| Planet Smoothie | |
| Renewal Fee | |
| Surf City Squeeze | 75% of then-current fee |
| Planet Smoothie | |
Business Experience Requirements |
|
| Experience | |
| Surf City Squeeze | Industry experience General business 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. |
Financing Options |
|
| Franchise Fees | |
| Surf City Squeeze | No |
| Planet Smoothie | No |
| Start-up Costs | |
| Surf City Squeeze | |
| Planet Smoothie | |
| Equipment | |
| Surf City Squeeze} | |
| Planet Smoothie | |
| Inventory | |
| Surf City Squeeze | |
| Planet Smoothie | |
| Receivables | |
| Surf City Squeeze | |
| Planet Smoothie | |
| Payroll | |
| Surf City Squeeze | |
| Planet Smoothie | |
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. |
| 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 | |
| Surf City Squeeze | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Planet Smoothie | |
| Marketing | |
| Surf City Squeeze | Co-op advertising, Ad slicks, Regional advertising |
| Planet Smoothie | |
| 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) |
| Planet Smoothie | |
Expansion Plans |
|
| US Expansion | |
| Surf City Squeeze | |
| Planet Smoothie | |
| Canada Expansion | |
| Surf City Squeeze | 0 |
| Planet Smoothie | 0 |
| International Expansion | |
| Surf City Squeeze | |
| Planet Smoothie | |