Start-Up Costs and Fees |
||
| Vitality Juice | Pinkberry | |
| Investment | 128000 - 393500 | 150000 - 500000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% local +2%Nat'l | |
| Year Founded | 2004 | 2005 |
| Year Franchised | 2005 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Vitality Juice | Pinkberry | |
| Experience | ||
Financing Options |
||
| Vitality Juice | Pinkberry | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Vitality Juice | Pinkberry | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location | |
| Support | ||
| Marketing | ||
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 12 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Vitality Juice | Pinkberry | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Vitality Juice | |
| Pinkberry | |
| Franchise Fee | |
| Vitality Juice | |
| Pinkberry | |
| Royalty Fee | |
| Vitality Juice | 5% |
| Pinkberry | 6% |
| Advertising Fee | |
| Vitality Juice | |
| Pinkberry | 2% local +2%Nat'l |
| Year Founded | |
| Vitality Juice | 2004 |
| Pinkberry | 2005 |
| Year Franchised | |
| Vitality Juice | 2005 |
| Pinkberry | 2005 |
| Term Of Agreement | |
| Vitality Juice | 15 years |
| Pinkberry | |
| Renewal Fee | |
| Vitality Juice | $10,000 |
| Pinkberry | |
Business Experience Requirements |
|
| Experience | |
| Vitality Juice | |
| Pinkberry | |
Financing Options |
|
| Franchise Fees | |
| Vitality Juice | No |
| Pinkberry | No |
| Start-up Costs | |
| Vitality Juice | |
| Pinkberry | |
| Equipment | |
| Vitality Juice} | |
| Pinkberry | |
| Inventory | |
| Vitality Juice | |
| Pinkberry | |
| Receivables | |
| Vitality Juice | |
| Pinkberry | |
| Payroll | |
| Vitality Juice | |
| Pinkberry | |
Training & Support |
|
| Training | |
| Vitality Juice | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location |
| Pinkberry | |
| Support | |
| Vitality Juice | |
| Pinkberry | |
| Marketing | |
| Vitality Juice | |
| Pinkberry | |
| Operations | |
| Vitality Juice | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 12 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Pinkberry | |
Expansion Plans |
|
| US Expansion | |
| Vitality Juice | 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 |
| Pinkberry | |
| Canada Expansion | |
| Vitality Juice | |
| Pinkberry | |
| International Expansion | |
| Vitality Juice | |
| Pinkberry | |