Start-Up Costs and Fees |
||
| Smoothie Factory | Scooter's Coffeehouse | |
| Investment | 141500 - 424500 | 389942 - 860654 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1996 | 1998 |
| Year Franchised | 1997 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smoothie Factory | Scooter's Coffeehouse | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | |
Financing Options |
||
| Smoothie Factory | Scooter's Coffeehouse | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smoothie Factory | Scooter's Coffeehouse | |
| Training | On-The-Job Training: 160 hours Classroom Training: 46 hours Additional Training: At existing coffeehouse | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 12 | |
Expansion Plans |
||
| Smoothie Factory | Scooter's Coffeehouse | |
| US Expansion | Arizona, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
| Franchise Fee | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
| Royalty Fee | |
| Smoothie Factory | 5% |
| Scooter's Coffeehouse | 6% |
| Advertising Fee | |
| Smoothie Factory | |
| Scooter's Coffeehouse | 2% |
| Year Founded | |
| Smoothie Factory | 1996 |
| Scooter's Coffeehouse | 1998 |
| Year Franchised | |
| Smoothie Factory | 1997 |
| Scooter's Coffeehouse | 2002 |
| Term Of Agreement | |
| Smoothie Factory | |
| Scooter's Coffeehouse | 10 years |
| Renewal Fee | |
| Smoothie Factory | |
| Scooter's Coffeehouse | $5,000 |
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 |
| Scooter's Coffeehouse | |
Financing Options |
|
| Franchise Fees | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
| Start-up Costs | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
| Equipment | |
| Smoothie Factory} | |
| Scooter's Coffeehouse | |
| Inventory | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
| Receivables | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
| Payroll | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |
Training & Support |
|
| Training | |
| Smoothie Factory | |
| Scooter's Coffeehouse | On-The-Job Training: 160 hours Classroom Training: 46 hours Additional Training: At existing coffeehouse |
| Support | |
| Smoothie Factory | |
| Scooter's Coffeehouse | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Smoothie Factory | |
| Scooter's Coffeehouse | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Smoothie Factory | |
| Scooter's Coffeehouse | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 12 |
Expansion Plans |
|
| US Expansion | |
| Smoothie Factory | |
| Scooter's Coffeehouse | Arizona, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Wisconsin, Wyoming |
| Canada Expansion | |
| Smoothie Factory | |
| Scooter's Coffeehouse | 0 |
| International Expansion | |
| Smoothie Factory | |
| Scooter's Coffeehouse | |