Franchise FAQ

how much does a booster juice franchise cost

by Mr. Angelo Bartoletti Published 2 years ago Updated 1 year ago
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Initial costs

  • Application deposit of $2,200. ...
  • Franchise fee of $41,000 plus GST.
  • Franchise cost of between $280,000 and $450,000 plus GST for a new Boost Juice store (including the $41,000 franchise fee). ...
  • Training fee of $14,000 plus GST.
  • Working capital will vary depending on your store, but Boost recommend about 10% of your franchise purchase price.

Full Answer

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What is booster juice?

At Booster Juice, we are dedicated to working with the most passionate entrepreneurs who believe in the Booster Juice lifestyle. Our food service concept is truly unique, promoting fresh and convenient choices to informed consumers in a vibrant store environment. Proud to be a Canadian franchise, Booster Juice offers delicious, premium products from sustainable and local food sources to customers around the world.

Where is booster juice located?

Our three-week training program at our corporate headquarters in Edmonton, Alberta and our well-defined processes and procedures can be especially helpful for first time operators. We also have a regional office located in Toronto that offers support to the eastern market.

How much juice does booster juice use?

Booster Juice uses up to twice the fruit and half the ice of the competition

How many ml of booster is in a smoothie?

A signature free Booster (nutritional supplement) is offered in all Regular (710 ml) smoothies

How much does it cost to turnkey a store?

o Turnkey costs range from $300,000 - $350,000 and include initial franchise fees ($30,000), as well as all store design, starting inventory and development costs (leasehold costs, equipment, signage). We provide an array of services including site selection, lease negotiation, training and ongoing operational and marketing support (Royalty fees are 6% of gross sales and Marketing fees are 3.5%).

Is booster juice a franchise?

Ready to join the Booster Juice Family? Learn more about a Booster Juice franchise and how to go about applying! Booster Juice has been a proud member of the Canadian Franchise Association for more than 20 years.

How much does it cost to start a boost juice franchise?

The total starting costs to purchase a Boost Juice franchise can cost between $337,000 and $507,000. You'll also need to pay an ongoing royalty fee of 8% for gross sales as well as a marketing levy of 3% of gross sales. You will need to provide at least 50% of the purchase price of the business with your own money or from friends and family.

How do I apply for a Boost Juice franchise?

Franchise locations are limited, so you will first need to consult the Boost Juice website to see if there is a franchise opportunity nearby that is appropriate for you.

How to apply for boost juice?

Once you have found a suitable location, you can apply for a Boost Juice franchise by completing the following 12 steps: 1 Complete an Expression of Interest form on the Boost Juice website. 2 You then receive an email with more information and can complete your application. 3 Once Boost receives your application, you will need to submit a $2,200 fully-refundable deposit. 4 You will need to take part in a phone interview with the franchisor. 5 If your application is successful, you are issued with a Confidentiality Agreement and a Deed of Undertaking and Acknowledgment. 6 You will then receive the Network Sales Figures, Financial Planning Guide and Operational Questionnaire. 7 You then have a face-to-face interview with Boost. 8 You'll spend an experience day in an existing Boost store. 9 You'll then receive the Franchise Kit and an example Disclosure Document and Franchise Agreement. 10 Boost will contact your references (personal and professional). 11 You'll receive your Company Kit to learn how to register your business. 12 You take part in a final panel interview.

How long does it take to get a boost juice loan?

Boost Juice estimates that the application process typically takes between 8 and 10 weeks from the point of initial contact. At what point, then, should you apply for finance? The ideal time for this to occur is prior to signing the franchise agreement. Spend time during the first eight steps gathering your financial information and carefully choosing the lender to approach for your loan.

How many hours does Boost Juice work?

New franchisees are contractually required to work full-time in the business themselves for at least the first six months and to work a minimum of 20 hours per week thereafter. Boost Juice is not interested in franchisees seeking to open a new store for investment purposes only.

How much is the application deposit for boost juice?

Application deposit of $2,200. This is refundable if you choose not to go ahead with the purchase, but is used to cover legal costs if you proceed to purchase a Boost Juice franchise.

What do franchisees need to secure a business loan?

If applying for a secured business loan, franchisees will need to provide residential or business property with a sufficient amount of equity as security for the loan.

How much does it cost to franchise boost juice?

The estimated investment required to open a Boost Juice Franchise is between $280,000-$450,000. There is an initial franchise fee of $41,000 which grants you the license to run a business under the Boost Juice name.

How many hours do you have to work to get a boost franchise?

For these reasons, Boost franchisees are required to work in-store for the first 6 months of operation full time, and 20 hours per week thereafter .

What is the largest juice bar in the southern hemisphere?

Boost has become the largest juice and smoothie bar in the southern hemisphere largely due to our franchising and international partnership strategy we believe that we are yet to meet the many more prospective Boost Partners either within Australia or overseas.

What is boost business?

Boost is a business that will challenge you. It is fast-paced and exciting, but if you are prepared to give 100% and strive to be the best you can be, then it will give back everything you put in, and then some. You will be amazed at what you can achieve.

How much money do you need to be a master franchisee?

Master Franchisees will need a minimum net worth of $US2 million and liquidity of at least $US1million in order to be considered.

Who is the founder of boost juice?

As the Founder of Boost Juice, Janine Allis says, "The Boost Partners are dynamic, inspirational people who have fresh ideas and new energy. We recruit like-minded people who share our enthusiasm and energy and believe that for Boost Juice to be successful, everyone involved must share the passion and the rewards".

Why do people join boost?

Many people join the Boost family because they want a business they can feel totally passionate about, give 100% to while also reflecting their own personality. Being part of Boost is being part of a fantastic network of like-minded franchisees where the support centre staff really care about what they do and constantly strive to improve the brand for it's partners and customers. And what an amazing brand it is.

What is booster juice?

Booster Juice is a place that is famous for its refreshing drinks and eatables like smoothies, juices, seafood, grilled fresh breakfast and food which is high on protein. You can have a great breakfast meal here for under $30.00.

Why is booster juice so popular?

Booster Juice is famous because of the puritiy they serve and the main purpose of opening Booster Juice was to give people home like taste of juices and the drinks.

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!

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 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.

Is Jamba Juice single store?

For the first time, Jamba Juice is offering single store opportunities in addition to multi-unit opportunities.

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