Are you planning on starting a juice bar?
The process can be quite challenging especially when you’re starting from scratch. However, this doesn’t have to be so opting for juice bar franchise opportunities presents a better possibility of success.
Juice Bar Business Opportunities
There are several benefits offered by a juice bar franchise.
As a prospective investor, you get the benefit of having fewer employees which translates to lower operational costs. Plus, you don’t necessarily need to have business experience in running a juice bar. In other words, you get the needed training.
What more? It costs less to buy a juice bar franchise than it is to start one from scratch. It’s common knowledge that franchisees end up more successful than a juice bar startup.
More importantly, you get the opportunity to become part of a respected brand.
5 Best Juice Bar Franchises
If you’ve decided to take the franchising route, you’ll be happy to find lots of juice bar franchise opportunities to invest in. You’ll need to make a decision on which franchise best serves your needs.
Also, you’ll have to determine which offers the most opportunity.
The following are some exciting juice bar franchise opportunities to consider. These franchises offer investors the opportunity to own or become a part of their successful brand. The choice of the juice bar franchise to pick is entirely up to you.
The following information should help you decide.
This juice bar franchise was founded in 1973 and began franchising 15 years later in 1988. Headquartered in Dallas, Texas, Smoothie King is a health-centered juice bar that serves all sorts of smoothies, healthful snacks, and other health products.
To be qualified for this franchise opportunity, investors are required to meet their financial requirements. This includes an initial investment sum ranging from $269,550 to $845,985, a net worth requirement of $300,000, and a liquid cash requirement of $100,000.
Investors seeking financing options can benefit from Smoothie King’s relationship with third-party sources. These offer to finance covering key areas such as accounts receivable, the franchise fee, equipment, payroll, and inventory as well as startup costs.
What more? Honorably discharged veterans get a 20% discount off of the franchise fee. Smoothie King offers support in key areas of its operations including training and marketing.
Tropical Smoothie Café is a juice bar and food franchise that serves a rich menu consisting of smoothies, salads, wraps, flatbreads, and sandwiches. Founded in 1997, it began franchising the same year and offers prospective investors an opportunity to join its promising brand.
To become its franchisee, Tropical Smoothie Café requires you to meet its financial obligations.
These include an initial investment amount within the range of $198,500 to $543,500. This includes a net-worth requirement of $350,000 and a liquid cash requirement of $125,000 among others.
In terms of financing, prospective franchisees stand to benefit from Tropical Smoothie’s relationships with third-party sources. These offer to finance covering important areas of operations such as the inventory, payroll, franchise fee, startup costs, and accounts receivable.
Veterans aren’t left out as they get financing support as well. This involves a discount of 50% off the franchise fee. Multiple support options are consisting of marketing, training, and ongoing support.
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Nekter Juice Bar Franchise
Nekter juice bar is yet another franchising opportunity for willing investors. This franchise is known for its signature juices, smoothies, acai bowls, and non-dairy ice cream menus. It was founded in 2010 and commenced franchising two years later in 2012.
If you’re wondering how much it will cost you to own this franchise opportunity, worry no more! Part of its financial requirements includes an initial investment sum of around $224,500 to $584,100.
Prospective franchisees must meet their net-worth requirement of $350,000.
There’s also a liquid cash requirement of $125,000 as well as ongoing fees that include the franchise fee starting from $45,000. Nekter Juice’s relationship with third-party sources makes financing available in the following areas; inventory, payroll, startup costs, franchise fee, and accounts receivable.
You also benefit from its marketing and training support among several other things.
Are you seeking a health-focused juice bar franchise?
Jamba Juice offers such an opportunity with its menu items consisting of smoothies, juices, bowls, and healthful snacks. Jamba Juice was founded in 1991 and began franchising in 1993.
To stand a chance of owning this franchise, investors are required to have an initial investment sum of $273,600 to $504,300. Other basic details include a net-worth requirement of $325,000 and a liquid cash requirement of $125,000.
Ongoing fees include an initial franchise fee starting from $35,000, an ongoing royalty fee of 6%, and an ad royalty fee of 3%.
In terms of financing, Jamba Juice doesn’t offer any. However, its strategic relationships with financing sources make financing available. These cover key areas such as payroll, startup costs, franchise fees, equipment, and inventory.
All Jamba juice franchisees benefit from its support by way of training and marketing support among others.
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Juice It Up!
Juice It Up! serves a wide array of menu items including acai bowls, smoothies, and raw juices. It was founded in 1995 and started its franchising operations in 1998. Prospective franchisees will need to meet its financial requirements consisting of initial investment within the $214,375 to $390,475 range.
There’s also a net-worth requirement of $300,000 and a liquid cash requirement of $100,000. Its ongoing fees include an initial franchise fee starting from $25,000, an ongoing royalty fee of 6%, and an ad royalty fee of 2%.
Honorably discharged veterans are given a 60% discount off of the first and second store franchise fee. Support is offered to new and existing franchisees in many areas. These include marketing and training support.
Marketing support covers a grand opening ceremony, cooperative advertising, regional and national advertising among several others. New franchisees benefit from initial training while both old and new franchisees are provided hands-on and ongoing training.
Conclusion
These are juice bar franchise opportunities for persons seeking to own parts of successful franchise brands. The franchise opportunity you pick will largely be shaped by what opportunities are available to you.
Different investors have different needs. These unique needs may be present or absent in the above-listed juice bar franchise opportunities. The choice is entirely up to you.
