Joe and the juice: Franchise – you pay royalty every month, whether you earn or not – You use the name. The concept have to be good and proved. Of course you need a lot of money to invest, because the main firm does not give a single penny for your business.
Full Answer
What is Joe and the juice known for?
Joe & The Juice (stylized in all caps) is a chain of juice bars and coffee shops around the world. As of 2019 it has over 300 locations in North America, Europe, Asia, and Australia. The restaurants serve predominantly coffee, juice, and sandwiches. Joe & The Juice was founded in 2002 by Kaspar Basse, at the time in his late 20s.
Is Joe & the juice about to launch an IPO?
Joe & The Juice currently operates around 300 stores in Europe, the US and Asia Pacific. Nørøxe also said that if the new stores were sufficiently profitable Joe & The Juice could launch an IPO within five years. “I can easily see Joe & The Juice as a listed company as we deliver growth rates beating the industry average,” he said.
What are the management positions in Joe & the juice?
Bar Manager is the most important position in JOE & THE JUICE! A Bar Manager leads their own store and team and is in charge of its operational performance. 05. SWAT A SWAT is part of a mobile management team who travel from project to project to improve each bar with advanced training and concept engineering. 06. REGIONAL MANAGER
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Who owns Joe and the Juice?
Joe & The Juice Holding A/SJoe & The Juice / Parent organization
Is Joe and the Juice profitable?
In the year that followed, it decreased strongly to 853 million Danish kroner. Joe and The Juice is a multinational chain of juice bars and coffee shops, selling mainly juices, sandwiches and coffee....Revenue of Joe & The Juice A/S from 2014 to 2020 (in million DKK)CharacteristicRevenue in million DKK--6 more rows•Feb 10, 2022
How much does a juice bar franchise cost?
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.
How many locations does Joe and the juice have?
Joe & The JuiceA Joe & The Juice location in River North, Chicago, IllinoisTypePrivateFounded2002 Copenhagen, DenmarkFounderKaspar BasseNumber of locations3025 more rows
Who is the CEO of Joe and the Juice?
Kaspar Basse (2002–)Joe & The Juice / CEO
How many Joe and the juice in the world?
Joe & The Juice operates more than 300 locations in 16 countries and offers the finest high-quality, natural, and local ingredients in its freshly prepared juices, shakes, coffee, and sandwiches.
How much is it for a Starbucks franchise?
Initial Start-Up Funding The average cost to license a Starbucks store is $315,000. You'll also need $700,000 in liquid assets to be considered.
How much profit does a juice shop make?
A juice business or restaurant selling juice direct to consumer can expect about a 50% – 70% gross margin (profit before labor and overhead costs) if careful planning is done when developing the recipes.
Do smoothie shops make money?
Here in the United States alone, smoothie bars are a 3 billion dollar industry. From an investment stand point, industry experts estimate start-up costs for you to own a smoothie business will run between $20,000-$400,000. However, you stand to make about $600,000 in gross revenue annually.
What bread is used at Joe and the Juice?
All of their sandwiches come on whole wheat bread and are toasted “Panini-style”.
Why is Joe and the juice successful?
Joe and The Juice is a successful company with more than 300 stores in 16 different countries as they don't function as other companies focused on customer satisfaction or customer behavior. Joe and the Juice does the opposite, by putting the emphasis on the meaningfulness of their employees. And it works!
Why is Joe and the juice called that?
There are many theories as to how that name came about. We're leaning towards the one that suggests “Joe” was synonymous with “fellow” or “guy”, signifying that a cup of black coffee was the drink of the common man. There's nothing common about our coffee though!
How do I start a juice bar business?
How to start a juice bar businessDecide on the type of juice bars.Write a business plan for a juice bar.Find the right location for a juice bar.Create a menu for a juice bar.Buy equipment for a juice bar business.Hire juice bar staff.Develop a marketing strategy for a juice bar.More items...•
How do you set up a juice bar?
The most important 11 steps to open a juice bar are:Learn How Juice Bars Work. ... Create a Budget. ... Write a Juice Bar Business Plan. ... Choose a Location for Your Juice Bar. ... Lease & Outfit Your Storefront. ... Purchase Juicing Equipment. ... Design Your Recipes & Menu. ... Build a Juice Bar Branding Strategy.More items...•
What equipment do you need to start a juice bar?
Here's a starting list of the equipment you'll need to start a juice bar:Blenders.Juicers & Cold Presses.Freezers and Refrigerators.Ovens, Grills, and Ranges.Ventilation.Microwaves.Food Prep Surfaces.Food Prep Equipment.More items...
How do you make a successful juice bar?
3 Simple Tips for Running a Successful Juice BarKnow the market. If you're going into the juice bar business, it's important to know what's going on in the juice bar market. ... Have a business plan in place. Every successful business starts with a business plan. ... Invest in high quality equipment.
Why The Juice House
Our menu can be tailored to accommodate dietary preferences and needs, making us the leading and most sought out brand in our field.
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Ideal Candidate: We're looking for service oriented go-getters not afraid to dive into their business. Full time involvement is not required but encouraged. If you desire to operate your franchise as a semi-absentee owner, strong hiring and people management skills are necessary.
Where is Joe and the juice from?
History. Joe & The Juice was founded in 2002 by Kaspar Basse, at the time in his late 20s. The company is based in Copenhagen, Denmark. It sells coffee, tea, sandwiches, fresh juices, smoothies, and veggie shots made with organic ingredients.
Where are Joe and the Juice located?
As of 2019 it has over 300 locations in North America, Europe, Asia, and Australia. The restaurants serve predominantly coffee, juice, and sandwiches.
Who bought Basse?
In 2013, Valedo Partners bought the company for $48 million, though Basse retained a 10 percent stake. General Atlantic invested in October, 2016, to help fund expansion into the United States.
