Start-Up Costs and Fees |
||
| Rita's | Tropicana Smoothies Juices & More! | |
| Investment | 15100 - 435000 | 175000 - 225000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | 6% |
| Advertising Fee | 3% | 1% |
| Year Founded | 1984 | 1949 |
| Year Franchised | 1989 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rita's | Tropicana Smoothies Juices & More! | |
| Experience | ||
Financing Options |
||
| Rita's | Tropicana Smoothies Juices & More! | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rita's | Tropicana Smoothies Juices & More! | |
| 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 | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
||
| Rita's | Tropicana Smoothies Juices & More! | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
| Franchise Fee | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
| Royalty Fee | |
| Rita's | 6.50% |
| Tropicana Smoothies Juices & More! | 6% |
| Advertising Fee | |
| Rita's | 3% |
| Tropicana Smoothies Juices & More! | 1% |
| Year Founded | |
| Rita's | 1984 |
| Tropicana Smoothies Juices & More! | 1949 |
| Year Franchised | |
| Rita's | 1989 |
| Tropicana Smoothies Juices & More! | 2004 |
| Term Of Agreement | |
| Rita's | 10 years |
| Tropicana Smoothies Juices & More! | 10 yeaqrs +10 |
| Renewal Fee | |
| Rita's | 50% of current franchise fee |
| Tropicana Smoothies Juices & More! | |
Business Experience Requirements |
|
| Experience | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
Financing Options |
|
| Franchise Fees | |
| Rita's | No |
| Tropicana Smoothies Juices & More! | No |
| Start-up Costs | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
| Equipment | |
| Rita's} | |
| Tropicana Smoothies Juices & More! | |
| Inventory | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
| Receivables | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
| Payroll | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |
Training & Support |
|
| Training | |
| Rita's | 5 days at Cool University and 4 days on site |
| Tropicana Smoothies Juices & More! | |
| Support | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Tropicana Smoothies Juices & More! | |
| Marketing | |
| Rita's | Ad slicks, National media, Regional advertising |
| Tropicana Smoothies Juices & More! | |
| Operations | |
| 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 |
| Tropicana Smoothies Juices & More! | Average Number of Employees: 3-4 Full-time, 2-4 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
|
| US Expansion | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Tropicana Smoothies Juices & More! | 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 | |
| Rita's | |
| Tropicana Smoothies Juices & More! | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Rita's | |
| Tropicana Smoothies Juices & More! | |