When it comes to owning a franchise, there are many factors to consider. One important factor is the cost of the franchise. So, how much does a clean juice franchise cost? The answer may surprise you! While the initial investment can be high, there are many ways to finance a clean juice franchise. And the potential return on investment can be significant.
Here is a closer look at how much a clean juice franchise costs.
Initial Franchise Fee
The initial franchise fee for a clean juice franchise is $45,000. This fee gives you the right to use the clean juice name and logo and access to the company’s tried-and-true business model.
The initial investment for a clean juice franchise ranges from $279,500 to $523,000. This includes the franchise fee cost and other costs such as equipment, leasehold improvements, and working capital.
Net Worth Requirement
The minimum net worth requirement for those interested in financing a clean juice franchise is $500,000. This ensures that you have the financial resources to invest in a clean juice franchise and grow the business over time.
The cash requirement for a clean juice franchise is $120,000. This is the amount of liquid capital you will need to invest in the business.
Clean Juice is proud to offer a 10% discount on the franchise fee to military veterans. This is our way of saying thank you for your service!
The royalty fee for a clean juice franchise is 6%. This fee is paid monthly for marketing, research and development, and other operational expenses.
Ad Royalty Fee
The ad royalty fee for a clean juice franchise is 1%. This fee is used to cover the cost of local and national advertising campaigns.
Term of Agreement
The term of the agreement for a clean juice franchise in ten years. This gives you the exclusive right to operate a clean juice franchise in your territory for the duration of the agreement.
As you can see, the cost of a clean juice franchise can vary depending on several factors. However, the potential return on investment is significant. A clean juice franchise with a proven business model and strong support from the franchisor can be a great way to achieve your financial goals.
Clean Juice Franchising Overview
Clean Juice started franchising in 2016 and has since grown to 110 units. The company continues to grow rapidly, with 168.3% growth over the past three years. The company is only franchising in the United States at this time.
The company was founded in 2015 by Dave Cuff. The company is headquartered in Charlotte, North Carolina. The company’s mission is to provide healthy food options that are also delicious and convenient. Clean Juice offers a variety of smoothies, juices, and acai bowls. The company also offers catering services.
Does Clean Juice Franchise Offer Financing Options?
Yes. Clean Juice offers financing options to qualified franchisees. Some franchisors provide in-house financing, whereas others have relationships with third-party financing sources to which they may direct qualified franchisees. The third-party financing covers the franchise fee, accounts receivable, equipment, startup costs, inventory, and payroll.
Does Clean Juice Franchise Offer Training?
Franchisors offer initial training programs and various ongoing support options to help franchisees run their businesses. And like many franchises out there, Clean Juice does offer an initial training program that is both on the job and in a classroom setting. The amount of time spent in training will be 69.5 hours on the job and 32 hours in the classroom.
What Ongoing Support Does Clean Juice Offer Franchisees?
Ongoing support is something that every franchisor should offer their franchisees. This support can come in many forms, but it is designed to help the franchisee run their business. For Clean Juice, they offer a few different options for ongoing support, such as Purchasing Co-ops, a Newsletter, Meetings & Conventions, a Toll-Free Line, Grand Opening support, Online Support, and more.
Who is the Ideal Clean Juice Candidate?
If you have a genuine interest in health and wellness, see the value of living an organic lifestyle, have a passion for people and a zest for life, and are driven to succeed while leading with kindness, this is the job for you. You might be the perfect Clean Juice candidate.
The juice bar franchise opportunity is a fantastic way to supplement your income while also giving back to your community. Their franchise partners come from all walks of life and have a variety of distinct backgrounds because they don’t pick and choose who they work with.
They do, however, share some characteristics. The Clean Juice family consists of individuals who:
- Have a genuine desire to improve your health and well-being.
- Recognize the significance of living an organic lifestyle.
- Have a strong desire to help others and a positive outlook on life.
- Is determined to succeed but leads with compassion.
The company requires its franchise partners to be very present and actively involved in its business. They also know that owners should live where they work because Clean Juice intends to integrate into each community they serve. However, they respect that each situation is unique, so they’re happy to work with franchisees if they’re interested in operating a location outside of their immediate area