Thursday, February 24, 2011

The Cost of Opening a Franchise

In order to qualify for a Booster Juice Franchise, the net worth of the individual must be $500 000 and $100 000 in liquid assets. The franchise fee is $25 000 with a with expected investments between $175 165 and $287 210. The royalty fee is 6% within a 10-year renewable term and 2 weeks of training.

The advantage of opening up a franchise is that Booster Juice is a well known franchise and is recognized world-wide.

The disadvantage of opening up a franchise is that the cost to start it up is not affordable. The new owner must work hard to measure it up to proper standards before it starts to become profitable.

Here are a few of the things that all franchise Owners will receive:

* Assistance with site selection and lease negotiation
* Turnkey store developement
* Use of praised and proven 'Booster Juice System'
* Use of Booster Juice Trademarks and Logos
* Proprietary and proven recipes
* High profile national presence
* Complete operations manual
* Top of the line equipment package
* Established distribution system to lower product cost
* Comprehensive marketing & merchandising programs
* Incredible branded product line
* Shared buying power (over 150 locations and counting)
* Training and ongoing field support
* Cutting edge development within the juice and smoothie bar industry
* Partnership with a Franchisor truly devoted to the success of all of its Franchise Partners


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