Start-Up Costs and Fees |
||
| Planet Smoothie | Vitality Juice | |
| Investment | 190150 - 358500 | 128000 - 393500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1995 | 2004 |
| Year Franchised | 1995 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Smoothie | Vitality Juice | |
| 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. | |
Financing Options |
||
| Planet Smoothie | Vitality Juice | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Smoothie | Vitality Juice | |
| 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. | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location |
| Support | ||
| Marketing | ||
| Operations | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 12 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Planet Smoothie | Vitality Juice | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Smoothie | |
| Vitality Juice | |
| Franchise Fee | |
| Planet Smoothie | |
| Vitality Juice | |
| Royalty Fee | |
| Planet Smoothie | 5% |
| Vitality Juice | 5% |
| Advertising Fee | |
| Planet Smoothie | 2% |
| Vitality Juice | |
| Year Founded | |
| Planet Smoothie | 1995 |
| Vitality Juice | 2004 |
| Year Franchised | |
| Planet Smoothie | 1995 |
| Vitality Juice | 2005 |
| Term Of Agreement | |
| Planet Smoothie | |
| Vitality Juice | 15 years |
| Renewal Fee | |
| Planet Smoothie | |
| Vitality Juice | $10,000 |
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. |
| Vitality Juice | |
Financing Options |
|
| Franchise Fees | |
| Planet Smoothie | |
| Vitality Juice | |
| Start-up Costs | |
| Planet Smoothie | |
| Vitality Juice | |
| Equipment | |
| Planet Smoothie} | |
| Vitality Juice | |
| Inventory | |
| Planet Smoothie | |
| Vitality Juice | |
| Receivables | |
| Planet Smoothie | |
| Vitality Juice | |
| Payroll | |
| Planet Smoothie | |
| Vitality Juice | |
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. |
| Vitality Juice | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location |
| Support | |
| Planet Smoothie | |
| Vitality Juice | |
| Marketing | |
| Planet Smoothie | |
| Vitality Juice | |
| Operations | |
| Planet Smoothie | |
| Vitality Juice | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 12 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Planet Smoothie | |
| Vitality Juice | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Planet Smoothie | 0 |
| Vitality Juice | |
| International Expansion | |
| Planet Smoothie | |
| Vitality Juice | |