If you’re looking for a business opportunity that offers a lot of flexibility and great potential for growth, you might want to consider investing in juice bars or smoothie franchises.
There are dozens of great smoothie and juice bar franchises out there, but we’ve compiled a list of 10 of the best opportunities for you. Keep reading to find out more!
What is a Smoothie Shop or Juice Bar Franchise?
A smoothie shop or juice bar is a business that specializes in selling freshly made smoothies and juices. In addition to juices and delicious banana smoothies, many of these stores also carry other healthy foods such as frozen yogurt, meal replacement shakes, salads, wraps, and acai bowls.
The smoothie and juice bar industry in 2022
The juice bar and smoothie industry is expected to reach $7.09 billion in 2022.
This rapid growth is spurred by the growing popularity of raw foods and cold-pressed juices, as well as demand for authentic frozen yogurt and fresh fruit. The global smoothie market is also growing rapidly and is expected to reach $12.42 billion by 2028.
Why You Should Consider a Juice and Smoothie Bar Franchise
Franchise owners enjoy many benefits, especially when using all the systems already in place to run their business. Here are five reasons to start your franchise in 2022:
- Proven Business Model: When you invest in smoothie and juice bar franchises, you are buying a proven system that has proven itself in many markets. This means you can get started and avoid many of the mistakes new businesses make.
- Brand Recognition: A well-established franchise brand will already be recognized in the marketplace. In this industry, it makes it easier to attract customers who want to adopt a healthy lifestyle through healthier eating.
- Turnkey operation: A franchise is a turnkey operation, which means everything you need to get started is already in place. This includes training, marketing materials and operational support.
- Financing assistance: Many franchisors offer financing assistance to help you start your business. It can be a great way to get started without having to invest a lot of your own capital.
- Size and scale: Franchises have the advantage of size and scale. This means they can often negotiate better deals with suppliers and offer more competitive prices to customers.
1. The king of smoothies
The king of smoothies has franchise fees ranging from $25,000 to $30,000 with a total initial investment of $320,301 to $1,184,865.
You must have a net worth of at least $300,000 and liquid capital of at least $100,000. Your credit score must also be 700 or higher.
2. Tropical Smoothie Coffee
Tropical Smoothie Cafe franchise opportunity has an initial investment between $277,000 and $584,000 with a 6% royalty.
The domestic marketing fee is 3-4%, so you’ll have to pay that amount as well. You will also need to donate 2% of your sales to a local advertising cooperative.
3. Planet Smoothie
Planet Smoothie is a franchise opportunity that requires a minimum net worth of $250,000 and a minimum liquid capital of $125,000.
Initial franchise fees range from $12,000 to $25,000, and the total initial investment is between $81,150 and $421,500. You will also have to pay a royalty of 5% of gross sales and contribute 2% of gross sales to the national marketing fund.
4. Robeks Fresh Juice
The Franchise Robeks Fresh Juices The opportunity is perfect for entrepreneurs looking for a business that serves smoothie bowls and acai bowls.
Franchise fees range from $12,500 to $25,000, and the total initial investment ranges from $183,500 to $232,000. The minimum net worth required is $300,000 and the minimum liquid capital required is $100,000.
5. Smoothie Factory
The smoothie factory is a franchise opportunity that requires a minimum net worth of $200,000 and liquid capital of $50,000.
Franchise fees are 5% of total sales and advertising fees are 2%. The Smoothie Factory offers a unique product that is perfect for health conscious consumers.
6. Jamba Juice
Jamba juice is a franchise opportunity that requires an initial investment estimated between $378,650 and $843,000.
It has a minimum net worth requirement of $300,000 and a minimum liquid capital requirement of $120,000.
7. Clean Juice
The Clean Juice Franchise Opportunity has a start-up cost range of $279,500 to $523,000. The minimum net worth required is $500,000, with a minimum liquid capital of $120,000. The royalty fee is 6% and the brand marketing fee is 2%.
8. Nekter Juice Bar
The Franchise Nekter Juice Bar fees range from $35,000 to $140,000, with a total initial investment between $216,000 and $622,100.
To qualify for a Nekter Juice Bar franchise, you must have a net worth of at least $400,000 and liquid capital of at least $100,000.
9. Maui Wowi
The Maui Wowi franchise the initial investment can range from $28,900 to $1,074,000, and the minimum net worth required is $100,000.
The liquid capital requirement is only $50,000. This makes Maui Wowi a relatively accessible option for those looking to own their own business.
10. Pulp Juice and Smoothie Bar
The Pulp juice bar and smoothie The smoothie chain has a franchise fee of $20,000, with an estimated total initial investment ranging from $74,150 to $214,700. The royalty is 5% of gross sales.
How to Choose the Best Franchise to Start Your Smoothie Shop and Juice Bar
If you are considering starting a juice or smoothie business, you will need to do some research to find the best franchise for your needs. Here are four key factors to consider:
Franchise Information Document
This document contains important franchise information, including franchise fees, royalties, and marketing fees. Be sure to read it carefully before signing a franchise agreement.
Best tasting smoothie
Not all smoothies are created equal. Be sure to try the franchise’s smoothies before committing.
Franchise Model Type
Is the franchise a full-service restaurant or a take-out operation? What type of clientele is it aimed at?
Does the franchise have a prime location that will attract customers? Is it close to other businesses frequented by your target market?
How much does it cost to open a smoothie shop and juice franchise?
The cost varies by franchise, but you can expect to invest between $75,000 and $1.2 million. Franchise fees will typically be $20,000 or more with ongoing royalties between 5% and 10%. Marketing costs are generally about 2% of gross sales.
Are franchises for juice and smoothie bars profitable?
Yes, franchises can be profitable. People are always looking for healthy alternatives to fast food. Smoothies and juice bars are great options. But like any business, there are risks. Be sure to do your due diligence before investing in a franchise.
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