Start-Up Costs and Fees |
||
| Planet Smoothie | sweetFrog | |
| Investment | 190150 - 358500 | 95600 - 477500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 1.50% |
| Year Founded | 1995 | 2009 |
| Year Franchised | 1995 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Smoothie | sweetFrog | |
| 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 | sweetFrog | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Planet Smoothie | sweetFrog | |
| 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. | On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Planet Smoothie | sweetFrog | |
| US Expansion | Nationwide, | |
| Canada Expansion | 0 | Nationwide, |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Smoothie | |
| sweetFrog | |
| Franchise Fee | |
| Planet Smoothie | |
| sweetFrog | |
| Royalty Fee | |
| Planet Smoothie | 5% |
| sweetFrog | 5% |
| Advertising Fee | |
| Planet Smoothie | 2% |
| sweetFrog | 1.50% |
| Year Founded | |
| Planet Smoothie | 1995 |
| sweetFrog | 2009 |
| Year Franchised | |
| Planet Smoothie | 1995 |
| sweetFrog | 2012 |
| Term Of Agreement | |
| Planet Smoothie | |
| sweetFrog | 10 years |
| Renewal Fee | |
| Planet Smoothie | |
| sweetFrog | |
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. |
| sweetFrog | |
Financing Options |
|
| Franchise Fees | |
| Planet Smoothie | |
| sweetFrog | |
| Start-up Costs | |
| Planet Smoothie | |
| sweetFrog | |
| Equipment | |
| Planet Smoothie} | |
| sweetFrog | |
| Inventory | |
| Planet Smoothie | |
| sweetFrog | |
| Receivables | |
| Planet Smoothie | |
| sweetFrog | |
| Payroll | |
| Planet Smoothie | |
| sweetFrog | |
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. |
| sweetFrog | On-The-Job Training: 24 hours Classroom Training: 24 hours Additional Training: As needed |
| Support | |
| Planet Smoothie | |
| sweetFrog | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Planet Smoothie | |
| sweetFrog | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Planet Smoothie | |
| sweetFrog | 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 4. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
|
| US Expansion | |
| Planet Smoothie | |
| sweetFrog | Nationwide, |
| Canada Expansion | |
| Planet Smoothie | 0 |
| sweetFrog | Nationwide, |
| International Expansion | |
| Planet Smoothie | |
| sweetFrog | Worldwide, |