Start-Up Costs and Fees |
||
| Planet Smoothie | Surf City Squeeze | |
| Investment | 190150 - 358500 | 64600 - 311750 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1995 | 1989 |
| Year Franchised | 1995 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Smoothie | Surf City Squeeze | |
| Experience | A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000. | Industry experience General business experience |
Financing Options |
||
| Planet Smoothie | Surf City Squeeze | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Smoothie | Surf City Squeeze | |
| Training | Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant. | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Planet Smoothie | Surf City Squeeze | |
| US Expansion | ||
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Franchise Fee | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Royalty Fee | |
| Planet Smoothie | 5% |
| Surf City Squeeze | 6% |
| Advertising Fee | |
| Planet Smoothie | 2% |
| Surf City Squeeze | 1% |
| Year Founded | |
| Planet Smoothie | 1995 |
| Surf City Squeeze | 1989 |
| Year Franchised | |
| Planet Smoothie | 1995 |
| Surf City Squeeze | 1995 |
| Term Of Agreement | |
| Planet Smoothie | |
| Surf City Squeeze | 10 years |
| Renewal Fee | |
| Planet Smoothie | |
| Surf City Squeeze | 75% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Planet Smoothie | A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000. |
| Surf City Squeeze | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Start-up Costs | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Equipment | |
| Planet Smoothie} | |
| Surf City Squeeze | |
| Inventory | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Receivables | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Payroll | |
| Planet Smoothie | |
| Surf City Squeeze | |
Training & Support |
|
| Training | |
| Planet Smoothie | Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant. |
| Surf City Squeeze | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Support | |
| Planet Smoothie | |
| Surf City Squeeze | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Planet Smoothie | |
| Surf City Squeeze | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Planet Smoothie | |
| Surf City Squeeze | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Planet Smoothie | |
| Surf City Squeeze | |
| Canada Expansion | |
| Planet Smoothie | 0 |
| Surf City Squeeze | 0 |
| International Expansion | |
| Planet Smoothie | |
| Surf City Squeeze | |