Start-Up Costs and Fees |
||
| LOCO JUICE | Rita's | |
| Investment | 56800 - 99500 | 15100 - 435000 |
| Franchise Fee | 0 | |
| Royalty Fee | >$200 or 5% weekly | 6.50% |
| Advertising Fee | $200/ month local | 3% |
| Year Founded | 1996 | 1984 |
| Year Franchised | 2001 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LOCO JUICE | Rita's | |
| Experience | ||
Financing Options |
||
| LOCO JUICE | Rita's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| LOCO JUICE | Rita's | |
| Training | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. | 5 days at Cool University and 4 days on site |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | |
Expansion Plans |
||
| LOCO JUICE | Rita's | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LOCO JUICE | |
| Rita's | |
| Franchise Fee | |
| LOCO JUICE | |
| Rita's | |
| Royalty Fee | |
| LOCO JUICE | >$200 or 5% weekly |
| Rita's | 6.50% |
| Advertising Fee | |
| LOCO JUICE | $200/ month local |
| Rita's | 3% |
| Year Founded | |
| LOCO JUICE | 1996 |
| Rita's | 1984 |
| Year Franchised | |
| LOCO JUICE | 2001 |
| Rita's | 1989 |
| Term Of Agreement | |
| LOCO JUICE | 5 years |
| Rita's | 10 years |
| Renewal Fee | |
| LOCO JUICE | |
| Rita's | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| LOCO JUICE | |
| Rita's | |
Financing Options |
|
| Franchise Fees | |
| LOCO JUICE | |
| Rita's | |
| Start-up Costs | |
| LOCO JUICE | |
| Rita's | |
| Equipment | |
| LOCO JUICE} | |
| Rita's | |
| Inventory | |
| LOCO JUICE | |
| Rita's | |
| Receivables | |
| LOCO JUICE | |
| Rita's | |
| Payroll | |
| LOCO JUICE | |
| Rita's | |
Training & Support |
|
| Training | |
| LOCO JUICE | You and your designated manager will participate in an initial training course of approximately 40 hours over five days. The initial program will focus on all aspects of the LOCO JUICE system and is comprised of both classroom and on-the-job training. |
| Rita's | 5 days at Cool University and 4 days on site |
| Support | |
| LOCO JUICE | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | |
| LOCO JUICE | |
| Rita's | Ad slicks, National media, Regional advertising |
| Operations | |
| LOCO JUICE | |
| Rita's | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
Expansion Plans |
|
| US Expansion | |
| LOCO JUICE | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | |
| LOCO JUICE | |
| Rita's | |
| International Expansion | |
| LOCO JUICE | |
| Rita's | |