Start-Up Costs and Fees |
||
| Smoothie Factory | Creamistry | |
| Investment | 141500 - 424500 | 224500 - 576500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1.50% | |
| Year Founded | 1996 | 2014 |
| Year Franchised | 1997 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smoothie Factory | Creamistry | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | - a passion for customer service - a strong business acumen. |
Financing Options |
||
| Smoothie Factory | Creamistry | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Smoothie Factory | Creamistry | |
| Training | On-The-Job Training: 40 hours Classroom Training: 9-12 hours Additional Training: 10-12 days at franchisee's location | |
| Support | Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| Smoothie Factory | Creamistry | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smoothie Factory | |
| Creamistry | |
| Franchise Fee | |
| Smoothie Factory | |
| Creamistry | |
| Royalty Fee | |
| Smoothie Factory | 5% |
| Creamistry | 6% |
| Advertising Fee | |
| Smoothie Factory | |
| Creamistry | 1.50% |
| Year Founded | |
| Smoothie Factory | 1996 |
| Creamistry | 2014 |
| Year Franchised | |
| Smoothie Factory | 1997 |
| Creamistry | 2014 |
| Term Of Agreement | |
| Smoothie Factory | |
| Creamistry | |
| Renewal Fee | |
| Smoothie Factory | |
| Creamistry | |
Business Experience Requirements |
|
| Experience | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
| Creamistry | - a passion for customer service - a strong business acumen. |
Financing Options |
|
| Franchise Fees | |
| Smoothie Factory | |
| Creamistry | |
| Start-up Costs | |
| Smoothie Factory | |
| Creamistry | |
| Equipment | |
| Smoothie Factory} | |
| Creamistry | |
| Inventory | |
| Smoothie Factory | |
| Creamistry | |
| Receivables | |
| Smoothie Factory | |
| Creamistry | |
| Payroll | |
| Smoothie Factory | |
| Creamistry | |
Training & Support |
|
| Training | |
| Smoothie Factory | |
| Creamistry | On-The-Job Training: 40 hours Classroom Training: 9-12 hours Additional Training: 10-12 days at franchisee's location |
| Support | |
| Smoothie Factory | |
| Creamistry | Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Smoothie Factory | |
| Creamistry | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Smoothie Factory | |
| Creamistry | Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| Smoothie Factory | |
| Creamistry | 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 | |
| Smoothie Factory | |
| Creamistry | |
| International Expansion | |
| Smoothie Factory | |
| Creamistry | |