how much does a robeks franchise make

What is the average salary of Robeks Juice Franchise Owner? Robeks Juice Franchise Owners earn $98,000 annually, or $47 per hour, which is 48% higher than the national average for all Franchise Owners at $60,000 annually and 39% higher than the national salary average for ​all working Americans.

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How many robeks franchises are there?

83 franchise locationsFounded in 1996 by David Robertson, a former investment banker, as of January 2021, the company has 83 franchise locations....Robeks.TypePrivateFounded1996HeadquartersLos Angeles, CaliforniaNumber of locations83Websiterobeks.com1 more row

Which franchise owners make the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

Do Smoothie King franchises make money?

2021 Smoothie King Median Franchise Sales: $573,269 Based on the median sales provided by Smoothie King's franchise locations, at an average of a 15% profit margin it will take around 8.75 years to recoup your investment. This is longer than other franchise opportunities.

How much does the average Burger King owner make?

We can estimate that based on net revenue of $1,351,000 and a profit margin of 13%, the average Burger King franchise compensation is $175,630 per year.

Can you get rich owning a franchise?

The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

How long before franchise is profitable?

One common misconception when it comes to operating a franchise is that once you sign on the dotted line and open for business, the customers and revenue will start flowing. This is typically not the case. It normally takes a year or two to become profitable.

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.

What is the cost of McDonald's franchise?

The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.

How much is it to buy a Taco Bell franchise?

Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.

What food franchise makes the most money?

Here are our picks for the top three full-service restaurant franchises....The Most Profitable Food Franchise Opportunities in 2022 (Full-Service Restaurants)East Coast Wings + Grill. Type: Full-service wing restaurant. ... Another Broken Egg Cafe. ... Taziki's Mediterranean Cafe.

How much does a Subway owner make?

The average salary for an Owner is $122,559 per year in United States, which is 35% higher than the average Subway salary of $90,272 per year for this job.

What is the most profitable franchise to own in 2022?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

How much profit do franchise owners make?

When researchers accounted for the inflations caused by the few top franchises, it was established that the average annual income of 51 percent of franchisees is less than 50,000 dollars. The study also found that only 7 percent of franchise owners earn over 250,000 dollars a year.

How much does a 7 Eleven franchise owner make?

Salary Details for a Franchise Owner at 7-Eleven The estimated base pay is $81,982 per year. The estimated additional pay is $58,226 per year.

Which food franchise makes the most money?

The Revenue of Fast-Food Chains in America TranscriptRestaurantSales (2017 Total U.S. Sales)Number of U.S. FranchisesStarbucks$13,167,610,00013,930Subway$10,800,000,00025,908Burger King$10,028,320,0007,226Taco Bell$9,790,150,0006,44626 more rows

What percentage do franchise owners make?

Franchise royalties range from 4% of your revenue all the way up to 12% or more. The amount has to do with the type of franchise business. For example, a food franchise is a high-volume business. A lot of individual items are purchased by a high-volume of customers.

How many Robeks stores were in operation in 2017?

2017 average, median, high, and low net sales for the first quintile, second quintile, third quintile, fourth quintile, fifth quintile, and all 67 Robeks traditional stores in the U.S. that were in operation for the entire 53 weeks ended December 31, 2017.

How many groups are there in Robeks?

The “Group” column divides the reporting “traditional” Robeks stores into five groups based on the relative Net Sales performance of the stores in 2017. For example, the “First Quintile” group refers to a group of the top 20% performing Robeks stores based on Net Sales achieved in 2017, the “Second Quintile” group refers to a group of the next 20% performing stores based on 2017 net sales, and so on.

How many points does Robeks Rewards have?

9. In addition to online ordering, the Robeks Rewards loyalty program was fully integrated into the online initiative. The loyalty program is points-based with 12 points equaling one “rewards dollar” that can be put toward any in-store purchase and now online purchases as well. Loyalty members also receive a free small classic smoothie on their birthday.

Is Robeks vegan?

This latest menu iteration at Robeks features a few new categories of products, one being a superfood-powered smoothie category with ingredients such as spirulina, flax seed, and turmeric that come together in tasty, unique recipes. They are also 100% dairy-free and 100% vegan.

Is Robeks sales information audited?

The information in the charts below was prepared from sales information provided to Robeks by franchisees. The franchisees’ sales information is not audited.

Who is the president of Robeks?

13. David Rawnsley, president of Robeks, said, “Robeks is built on a solid foundation of franchisees dedicated to providing fresh juices and smoothies to customers, so we feel the time is right to expand on that foundation and grow the brand. We used 2017 as an opportunity to assess the brand, identify areas for evolution and begin expansion, and now that 2018 is here we’re full steam ahead.”

Do financial performance representation figures reflect expenses?

The financial performance representation figures do not reflect all costs and expenses that must be deducted from the gross revenue or gross sales figures to obtain your net income or profit.

What Does a Robeks Franchise Cost?

To buy a franchise with Robeks, you'll need to have at least $100,000 in liquid capital and a minimum net worth of $300,000. Franchisees can expect to make a total investment of $245,000 - $329,500. They also offer financing via 3rd party. *

When did Dave Robertson start his smoothie business?

When Dave Robertson launched our first store in Southern California in 1996, the idea of building a business around smoothies must have seemed crazy. 20+ years later, our smoothies, juices and bowls are an integral part of the community fabric all across the country.

Is Robeks a good company?

Robeks has always been ahead of its time (and its competitors) when it comes to innovation and quality. We introduced many to raw juices, nutritional enhancements, Acai Bowls, Greek Yogurt smoothies and many, many more products as good for you as they are delicious. Our key leadership team members are either current or past franchise owners, people who believe in the Robeks way, down to their core. Our secret ingredient? Passionately believing in providing great tasting, great for you, high integrity products, presented authentically, to ensure an energizing guest experience - leading to happy, high frequency customers.

What is the average salary of Robeks Juice Franchise Owner?

Robeks Juice Franchise Owners earn $98,000 annually, or $47 per hour, which is 48% higher than the national average for all Franchise Owners at $60,000 annually and 39% higher than the national salary average for ​all working Americans. The highest paid Franchise Owners work for Dunkin' Donuts at $124,000 annually and the lowest paid Franchise Owners work for Bonus Building Care at $23,000 annually.

What company pays the highest salary for the Franchise Owner position?

Dunkin' Donuts pays the highest salary for the Franchise Owner position at $124,000 annually.

What is a Robeks franchise?

The franchise offered is for the operation of a Robeks store which will feature nutritious food offerings including freshly prepared juices, smoothies, and other food and non-food items. Robeks stores feature freshly prepared juices and blended-to-order fruit smoothies made from freshly-squeezed and concentrated fruit juices, fresh and frozen fruits, and frozen dairy ingredients, all according to the franchisor’s recipes. Robeks stores also feature Robeks Nutritional Boosts, a proprietary line of premium nutritional supplements, which customers may add to their blended-to-order smoothies, as well as purchase in packaged form for at-home consumption.

How long is the franchise agreement?

Term of Agreement and Renewal: The length of the initial franchise term is 10 years. Two successive renewal periods are available, each for a 10-year term, if requirements are met.

Do franchisees get exclusive territory?

Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from stores that the franchisor or its affiliates own, from other channels of distribution such as retail sales, and from competitive brands that the franchisor may control.

Does Franchise Direct sell your information?

Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.

Is franchising mandatory?

If the franchisor holds an annual or semi-annual meeting for franchisees (whether national or regional), attendance is mandatory. The franchisor may charge a registration fee to recoup its costs. If the franchisor holds a meeting and franchisees do not attend, the franchisor may assess a fine of up to $500.