Table of Contents
Ice machine – Let’s not forget about them either. You will need one that is easy to clean to prevent mold and mildew.
Sinks and dishwashers – Dishwashers clean at a high enough temperature to sanitize all your equipment, so it is another must-have. In addition, you will need a few sinks to wash your produce and an easy-accessible sink for employee hygiene. All franchisees are very concerned about it.
Prep equipment – This includes, you guessed it, everything you need to prepare your delicious superfood smoothies, juices, and bowls. It includes cutting knives, scales, chopping boards, disposable gloves, and the like.
Build-Out Costs: This includes a wide range of costs related to your retail space. Specifically, it’s the costs for furniture, fixtures, insurance, signage fees, and the security deposit.
Inventory and Supplies: You’ll need to purchase the ingredients required for making your juice bar menu items. You’ll also need to make sure you have the supplies available for serving customers their orders, such as plates and silverware. Your franchisor will provide you with the complete list of items needed.
Architects: You might need to hire an architect to help with blueprints and planning if your juice bar retail space needs it. Good architects of any franchise increase the franchise development rate.
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Office Equipment: This includes point of sale items, such as a computer and cash register. Essentially, this is any equipment required to actually sell your juice bar menu items.
Marketing fees: Promotional efforts for announcing your store opening. Every restaurant franchise needs marketing to ensure gross sales.
Training Expenses: Costs required to train your General Manager.
Staff Expenses: You may need to employ the following professionals;
-
General staff like cashiers and juice makers
-
Bar manager
-
Human resources and/or admin manager (in some cases, the owner can take up the mantle)
-
Sales and marketing manager
-
Cleaners
Miscellaneous Expenses: These costs can result in small things related to the opening costs of your juice bar.
There are two additional fees that are important to know about:
Royalty Fee: The franchisor gets a percentage of your gross sales, known as the royalty fee. They’ll also get a percentage of marketing fees and an upfront franchise fee. Royalty fees range from 6% to 10%.
Franchise Fee: The juice franchise fee is due before you open your store. It generally ranges from $30k to $50k. The franchise fee is all about the legal documents and training costs to get your juice bar franchise up and running.
Ice machine – Let’s not forget about them either. You will need one that is easy to clean to prevent mold and mildew.
Sinks and dishwashers – Dishwashers clean at a high enough temperature to sanitize all your equipment, so it is another must-have. In addition, you will need a few sinks to wash your produce and an easy-accessible sink for employee hygiene. All franchisees are very concerned about it.
Prep equipment – This includes, you guessed it, everything you need to prepare your delicious superfood smoothies, juices, and bowls. It includes cutting knives, scales, chopping boards, disposable gloves, and the like.
Build-Out Costs: This includes a wide range of costs related to your retail space. Specifically, it’s the costs for furniture, fixtures, insurance, signage fees, and the security deposit.
Inventory and Supplies: You’ll need to purchase the ingredients required for making your juice bar menu items. You’ll also need to make sure you have the supplies available for serving customers their orders, such as plates and silverware. Your franchisor will provide you with the complete list of items needed.
Architects: You might need to hire an architect to help with blueprints and planning if your juice bar retail space needs it. Good architects of any franchise increase the franchise development rate.
Office Equipment: This includes point of sale items, such as a computer and cash register. Essentially, this is any equipment required to actually sell your juice bar menu items.
Marketing fees: Promotional efforts for announcing your store opening. Every restaurant franchise needs marketing to ensure gross sales.
Training Expenses: Costs required to train your General Manager.
Staff Expenses: You may need to employ the following professionals;
-
General staff like cashiers and juice makers
-
Bar manager
-
Human resources and/or admin manager (in some cases, the owner can take up the mantle)
-
Sales and marketing manager
-
Cleaners
Miscellaneous Expenses: These costs can result in small things related to the opening costs of your juice bar.
Franchise Royalty Fee:
Royalty Fee: The franchisor gets a percentage of your gross sales, known as the royalty fee. They’ll also get a percentage of marketing fees and an upfront franchise fee. Royalty fees range from 6% to 10%.
Franchise Fee: The juice franchise fee is due before you open your store. It generally ranges from $30k to $50k. The franchise fee is all about the legal documents and training costs to get your juice bar franchise up and running.
Source: https://puregreenfranchise.com/blog/how-much-is-a-juice-bar-franchise
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