08 Sep, 2017
Jamba Juice Franchise Start Up Costs
Jamba juice franchise start up costs
Jamba Juice started its business in 1990 with its genuine blend of juices. The units grew to over 440 locations nationwide offering great-tasting juices and smoothies. This franchise has a niche in that it offers a healthy alternative to its fast-food counter-parts. The special nutrition it brings is a remarkable value to be considered. The business is cool in nature and somewhat refreshing yet the profitability can be very hot. Jamba juice franchise start up costs is very popular in warmer regions and well known by all ages of the population, unlike coffee which is mostly liked by an older demographic. In the food and beverage business nutrition really counts.
The chain started at San Francisco and had other units successfully located nationwide. Its mission is to be the leading healthy lifestyle brand offering consumers great-tasting and nutritional products. This mission and commitment extends not only to customers but also to franchisees. Investors grab the opportunity to have a share in its more than $1 billion in worldwide sales. It is recognized to be the category leader in terms of its products and the promotion of healthy living. This is supported by strict, quality and nutritional guidelines. Including in these basics are the zero grams trans-fat, absence of artificial flavors and preservatives.
Jamba juice franchise start up costs does not require that much investment. This is available as a standalone shops or in non-traditional commercial locations like colleges and malls. With strong operational guidelines high sales volume and solid business management are all but inevitable.
The franchise investment is $350,000.00. Part of this is the franchise fee of $25,000.00 with a royalty fee of 5.5% for four or more stores and 6% for three or less stores. A marketing fee of 2 to 4% may also be required. These fees may vary following the financial trends. Franchisees need to have strong market knowledge and be passionate about the Jamba brand.
The company is stressing commitment to its product. It follows the concept which dictates self patronage first. Undoubtedly, if you believe that what you are selling is the best, it will not be hard for you to sell it.
The leader takes it all. If you are planning to franchise a product go for the leader.
When looking jamba juice franchise start up costs any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and "ROI" (Return on Investment).
Did you know that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter?
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