Jamba Juice pulls in about $229 million in annual revenue, with each store generating about $700,000 in annual revenue. Vernon Davis, 49er’s tight end and Jamba Juice franchise owner says the brand “just feels safe.”
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What franchise is the most profitable?
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How much does it take to start a Jamba Juice?
Currently, the franchisor estimates the cost will be $200 per store per year....Jamba Franchise Costs & Fees.Name of FeeLowHighInitial Franchise Fee$35,500$35,500Construction and Build Out Costs$93,000$396,000Permitting$500$17,500Equipment Package$29,000$90,00019 more rows
How much is Jamba Juice worth?
approximately $200mAtlanta-based Focus Brands Inc has announced a definitive merger deal with Texas-based Jamba, Inc., under which Focus brands will acquire Jamba for $13 per share in cash, worth approximately $200m.
Who is Jamba Juice owned by?
Jamba is now a wholly-owned subsidiary of FBI. “We are excited to officially welcome Jamba, a leader in the smoothie and juice category with strong franchise operators and an iconic heritage, into our family of well-known and highly loved 'fan favorite' brands,” said Steve DeSutter, CEO of FBI.
Can I own a Jamba Juice?
To buy a franchise with Jamba Juice, you'll need to have at least $125,000 in liquid capital and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $236,100 - $501,800.
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
Is Jamba Juice really healthy?
Jamba Juice is widely considered a healthy place to eat, offering a variety of juices, smoothie bowls, and smoothies that highlight fresh fruits and vegetables. Still, eating keto at Jamba Juice can be difficult, as most of its offerings are high in carbs.
What did Jamba Juice used to be called?
Juice Club, IncJamba Juice was founded on March 31, 1990, by Perron, who opened his first store in San Luis Obispo, California. Kevin Peters, Joe Vergara, and Linda Ozawa Olds, also helped begin the business. It was incorporated in 1990 as Juice Club, Inc.
Who is the CEO of Jamba Juice?
David A. Pace (Mar 14, 2016–)Jamba / CEOJamba Juice Key Executives. David A. Pace serves as the CEO / President of Jamba Juice. Chris Beeson serves as the Senior Vice President Operations of Jamba Juice.
Do Juice bars make money?
The average revenue of juice bars is competitive and the profit margins can be higher than in other restaurant models. Nationally, juice bars make $100,000-$600,000 in revenue, depending on location and the size of the business. Many juice bars franchise their business model to other investors to expand their markets.
Why did Jamba Juice change their name?
When Jamba Juice started 30 years ago, a juice shop meant something completely different than how our guests see them today. Juices will remain on the menu, but Jamba Juice is shortening its name to reflect its expanded menu that features smoothies, juices, bowls, boosts and fun size on-the-go bites.
Does Starbucks own Jamba Juice?
The ownership group, Caf Hawaii Partners, which operated the Starbucks stores through Coffee Partners Hawaii, also owns and operates Jamba Juice Hawaii and has plans to open P.F.
Is Jamba Juice a small business?
Jamba is not just a food franchise or a restaurant franchise, it's a small business opportunity.
Is Nectar a franchise?
Nékter Juice Bar is one of the most successful concepts in the franchise world. In addition to our low build-out costs and competitive franchise fees, we offer our new franchise owners extensive support that includes comprehensive training, full-service marketing, and ongoing operational assistance.
What is a Jamba franchise?
A Jamba Juice franchise system offers a wide variety of fresh, blended-to-order smoothies and other cold or hot beverages, and offering fresh squeezed juices and healthy, portable food items for snacks and meals.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Are there any Jamba Juice franchise opportunities near me?
Based on 2020 FDD data, Jamba Juice has franchise locations in 33 states plus DC. The largest region is the West with 568 franchise locations.
Who is the founder of Jamba Juice?
Jamba Juice Founder, Kirk Perron, had a passion for biking, healthy living, having fun and entrepreneurship. In 1990, after a workout, he was sipping on a smoothie enjoying a moment of simple bliss when he experienced the proverbial “light bulb” moment, “How can I bring this bliss to the rest of the world?” Kirk began the company with a blender and a big idea: to inspire and simplify healthy living.
Where is Jamba Juice located?
Jamba Juice started as one small store in the beach town of San Luis Obispo with a simple mission: to serve their customers delicious products that support a healthier lifestyle. After almost thirty years, Jamba Juice remains rooted in this wholesome purpose
What does a Jamba Juice Franchise Cost?
Jamba Juice offers traditional, drive-thru, and non traditional models. The initial investment ranges from $238,600-$504,300. For single models, a credit score of 700+, liquid capital of $125,000+ and net worth of over $350,000 is required. For multiple units, the requirements of both professional backgrounds and skill sets are determined on a case-by-case basis.
How much does it cost to own a jamba juice?
Jamba Juice offers traditional, drive-thru, and non traditional models. The initial investment ranges from $238,600-$504,300. For single models, a credit score of 700+, liquid capital of $125,000+ and net worth of over $350,000 is required. For multiple units, the requirements of both professional backgrounds and skill sets are determined on a case-by-case basis.
What is Jamba's mission?
Our mission is to “inspire and simplify healthy living”. Accordingly, we’re looking for like minded individuals who share the same passion for helping others live a healthier, higher quality life. As a Jamba Franchise Owner you should share our vision for providing an industry-leading product and understand the importance that exceptional service plays in a businesses' success. We want to partner with Franchise Owners who are hungry to succeed, grow into multiple locations and who will take pride in owning their piece of the biggest brand of its kind.
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Is Jamba made with real ingredients?
At Jamba, we're known for high quality, convenient and flavorful blends that are made with real ingredients: whole fruits, vegetables, no artificial flavors or preservatives, and no high fructose corn syrup. We continue to work tirelessly in our test kitchen to perfectly combine flavor, nutrition and innovation into every item on our menu; from our smoothies, to juices, bowls, and better-for-you snacks.
Why Own A Jamba Juice?
An Iconic Brand - As a Jamba Franchise Owner, you will own your piece of the largest smoothie company in the world!
How many square feet is a drive through Jamba?
Drive-Thru Model - This 1200 – 1500 square foot end-cap store boasts increased visibility for higher traffic and more convenience for our on-the-go customer base, all while still being able to create the energy and vibrancy that makes our traditional Jamba stores so renowned.
Is Jamba made with real ingredients?
At Jamba, we’re known for high quality, convenient and flavorful blends that are made with real ingredients: whole fruits, vegetables, no artificial flavors or preservatives, and no high fructose corn syrup. At the core of every Jamba franchise success story has been the deep-seeded desire to make a tastier and healthier tomorrow.
Is Jamba juice real?
Jamba Juice. Jamba Juice is an iconic brand. At Jamba, we’re known for high quality, convenient and flavorful blends that are made with real ingredients: whole fruits, vegetables, no artificial flavors or preservatives, and no high fructose corn syrup.
Do you have to have restaurant experience to work at Jamba?
We do not require candidates to have restaurant experience. The ideal Jamba Juice franchise candidate is:
Is Jamba Juice single store?
For the first time, Jamba Juice is offering single store opportunities in addition to multi-unit opportunities.
How much should you be earning?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
How much does Jamba Juice in the United States pay?
Average Jamba Juice hourly pay ranges from approximately $9.26 per hour for Smoothie Maker to $23.00 per hour for Repair Technician. The average Jamba Juice salary ranges from approximately $15,000 per year for Team Supervisor to $117,943 per year for Finance Manager.
How much does Jamba Juice franchise cost?
With Jamba Juice, they have an initial franchise fee of between $5,000 and $25,000. However, your total investment can be anywhere from $110,000 to $520,800. The initial agreement term is for 10 years and then you can renew the contract for another 10 years if you choose to.
How many franchises does Jamba Juice have?
Back in 2010, there were a total of 387 franchise outlets for Jamba Juice. And by the time 2017 rolled around, that number jumped to a total of 749 franchise outlets operating. As you can see, this franchise business is decently popular. And the turnover rate for this company is pretty low as well. Which gives us the idea that the company is in pretty good health.
What to do if Jamba Juice is calling your name?
So, if Jamba Juice is calling your name, then get in contact with the company to grab more information on this opportunity. You can then follow through with the application and be on your way to having the best or maybe even the best juice bar in your neighborhood.
Is Jamba Juice a good franchise?
Which is why I believe that this company makes for a great franchise opportunity. It offers stability and assurance. You can feel rest assured that as a franchise owner for Jamba Juice, you will have a loyal group of customers that already love the products.
Does Jamba Juice care about customers?
And honestly, that’s not as easy as it sounds. But with Jamba Juice, they know what they are doing. And they care about the well-being of their customers.
Is it important to go to a trusted juice bar?
I think that with the many juice bars and healthy food establishments that are around these days, it’s never been more important than it is now to ensure you can go to a store you can trust. With the ingredients that you can trust.
Does it depend on your dedication to franchise?
But again, it will always depend on you and your dedication to determine the success that you have with this franchise. Or any business for that matter.
What is the minimum credit score required for Jamba Juice?
Jamba Juice requires single-unit franchise applicants to have a credit score of 700+, liquid capital of $100,000 or more, and a net worth of over $300,000. Those looking to invest in multiple units are evaluated on a case-by-case basis.
How much does a smoothie king cost?
The brand is comparable in initial investment to its smoothie competitors. Smoothie King*, for example, ranges from $268,900 to $858,900. Tropical Smoothie Cafe ranges from $257,500 to $560,500. And Nektar Juice Bar ranges from $224,500 to $551,600.
Is Jamba Juice a good franchise?
Considering a quality ROI in the franchise industry is around 15%, a Jamba Juice franchise (on average) is a sound investment. However, as with any franchise, there is a wide range in performance.
