Start-Up Costs and Fees |
||
| Vitality Juice | Smoothie Factory | |
| Investment | 128000 - 393500 | 141500 - 424500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | ||
| Year Founded | 2004 | 1996 |
| Year Franchised | 2005 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Vitality Juice | Smoothie Factory | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | |
Financing Options |
||
| Vitality Juice | Smoothie Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Vitality Juice | Smoothie Factory | |
| 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 | Smoothie Factory | |
| 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 | |
| Smoothie Factory | |
| Franchise Fee | |
| Vitality Juice | |
| Smoothie Factory | |
| Royalty Fee | |
| Vitality Juice | 5% |
| Smoothie Factory | 5% |
| Advertising Fee | |
| Vitality Juice | |
| Smoothie Factory | |
| Year Founded | |
| Vitality Juice | 2004 |
| Smoothie Factory | 1996 |
| Year Franchised | |
| Vitality Juice | 2005 |
| Smoothie Factory | 1997 |
| Term Of Agreement | |
| Vitality Juice | 15 years |
| Smoothie Factory | |
| Renewal Fee | |
| Vitality Juice | $10,000 |
| Smoothie Factory | |
Business Experience Requirements |
|
| Experience | |
| Vitality Juice | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
Financing Options |
|
| Franchise Fees | |
| Vitality Juice | No |
| Smoothie Factory | No |
| Start-up Costs | |
| Vitality Juice | |
| Smoothie Factory | |
| Equipment | |
| Vitality Juice} | |
| Smoothie Factory | |
| Inventory | |
| Vitality Juice | |
| Smoothie Factory | |
| Receivables | |
| Vitality Juice | |
| Smoothie Factory | |
| Payroll | |
| Vitality Juice | |
| Smoothie Factory | |
Training & Support |
|
| Training | |
| Vitality Juice | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location |
| Smoothie Factory | |
| Support | |
| Vitality Juice | |
| Smoothie Factory | |
| Marketing | |
| Vitality Juice | |
| Smoothie Factory | |
| 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) |
| Smoothie Factory | |
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 |
| Smoothie Factory | |
| Canada Expansion | |
| Vitality Juice | |
| Smoothie Factory | |
| International Expansion | |
| Vitality Juice | |
| Smoothie Factory | |