29 Aug, 2017

Blendz Franchise

Blendz Franchise

The Blendz Franchise is a company that gives budding franchisees the chance of being their own bosses which means that they will have control of their destinies. The company was founded in the year 2002 in Carlsbad, California and has been franchising ever since the year 2005. This is a franchise that is very popular because of its unique soups, smoothies, Panini and salads. At the present moment, the company has over 320,000 franchises which are located in the United States region. The franchises that are in the US usually generate approx. $1 trillion every year and this is what makes the business to grow exponentially. The franchise is normally run by 25 employees with 5 employees being in the franchise department. The Blendz Franchise is a company that operates on a very successful business model which means that potential franchisees have an added advantage over other entrepreneurs. It is usually better to start with a system that has already been established since this normally reduces any potential risks that may be present in the industry.

The places that this company is seeking to expand are mainly outside of the United States region. They generally include: Canada, Asia, Eastern Europe, Central America, South America, Middle East and Western Europe. On the other hand, the total investment of the company ranges from $277,100 to $350,400 with the franchise fee being $25,000 at the present moment. Every franchisee that succeeds in joining the Blendz Franchise is normally required to pay an on-going royalty fee that is actually 6% of the total sales made. The term of agreement between the two parties is usually for a period of 10 years and it is renewable all the same. There is no financial assistance offered for the budding entrepreneur which means that the start-up capital is entirely on their budget. In order to qualify for this franchise, a net worth of $150,000 and a cash liquidity of $70,000 are both required. Additionally, business experience is also mandatory especially in the marketing fields and general experience as well.

The Blendz Franchise usually requires 12 employees so that a franchise unit can be run efficiently. Franchisees are also allowed to own the business as absentee owners which mean that they do not necessarily have to be present in the daily activities of the business. Training is usually offered for 4 weeks at the headquarters, 1 week at the location of the franchise and a home study that lasts for another 1 week.

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