Franchise FAQ

how much is a joe and the juice franchise

by Junior Gibson Published 1 year ago Updated 1 year ago
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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.

Who owns Joe and the Juice?

Joe & The Juice Holding A/SJoe & The Juice / Parent organization

Has juice Bar franchise cost?

Single Unit Investment for HAS JUICE BAR FranchiseExpected Investment for Franchise:5,00,001 - 10,00,000Investments Includes:Franchise Fee Equipments Furniture and Fixtures Advertising / MarketingCapital Investment required:Expected Payback Period:1Expected ROI:80%7 more rows

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

How much does Joe and the juice make a year?

Joe & The Juice pays an average salary of $943,967 and salaries range from a low of $831,496 to a high of $1,071,714.

What kind of bread do they use at Joe and the Juice?

All of their sandwiches come on whole wheat bread and are toasted “Panini-style”.

Is owning a juice bar profitable?

Are Juice Bars Profitable? Yes, juice bars have the potential to be very profitable. It's reported that the average revenue of a juice bar can range from $100,000 to $600,000. Juice bar profit margins are bigger than other restaurants because labor and expenses are much lower.

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.

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.

Who is the CEO of Joe and the Juice?

Kaspar Basse (2002–)Joe & The Juice / CEO

Where was the first Joe and the Juice?

CopenhagenKaspar Basse established Joe & The Juice back in 2002. The first shop was located in the corner of the lifestyle store Rue Verte on Ny Østergade in Copenhagen.

Where did Joe and the juice begin?

May 1, 2002Joe & The Juice / Founded

Who is the CEO of Joe and the Juice?

Kaspar Basse (2002–)Joe & The Juice / CEO

Does Joe and the juice make a profit?

Joe and the Juice is a multinational chain of juice bars and coffee shops, selling mainly juices, sandwiches and coffee. It was founded in 2002 and is based in Copenhagen, Denmark....Net profit of Joe & The Juice A/S from 2014 to 2019 (in million DKK)CharacteristicOperating profit in million Danish kroner----4 more rows•Sep 23, 2021

Where is Joe and the Juice founded?

May 1, 2002Joe & The Juice / Founded

Does Joe and juice only hire attractive people?

And, sure, it's not like it's an actual rule that they only hire attractive people – but Joe & The Juice do make it a point to hire servers with a particular cool-guy attitude.

Who is the CEO of Joe and the Juice?

The CEO position was officially entrusted to Sebastian Vestergaard, who since the very beginning of JOE & THE JUICE has represented of our powerful internal potential.

Where is Joe and the juice's office?

This was the first real office for JOE & THE JUICE. Located right in the exclusive end of Copenhagen, it was a beautiful and spacious office which would serve us well for many years during a significant expansion period for the company. It became the HQ where Basse could showcase to everyone that we are a serious company.

Why did Joe and the Juice have a handshake?

To emphasise the feeling of comradeship between the people behind the bar, a handshake-ritual was invented. The rule was that you had to perform the handshake ritual to everyone upon entering the bar. It gave a sense of belonging to JOE & THE JUICE and a secret routine that proved that you were a part of something unique. This handshake carried on for some years but was forgotten about with time. If you are lucky you might get to see it one day. Ask some of the old guys of JOE if they remember how to perform the JOE handshake.

What did Pippo say about Juice?

Pippo trained Juicers for 8 months straight and came up with these legendary sayings that we still use to this day such as; “IMS – Ingredients, Measure, Sequence”, “Crispy and thin is the way to begin”, “One apple more, one less store” & “Choose your attitude, don’t be rude”. Another aspect of this was the huge cultural impact that the Academy made for JOE & THE JUICE.

Why was Joe and the Juice not a problem in 2007?

The knowledge was passed from person to person but it was not a problem in 2007 because the management and Basse were very close to the few stores they had. Later, the problem became that a lot of the knowledge was lost or forgotten about because there were no official programs to refer to. These programs were first produced in 2010!

Why is music important in Joe and the Juice?

The music covered the noise from the blenders and centrifuge so the guests could become pleasantly entertained by the music instead . It also made the Juicers behind the bar more energetic and work with a faster tempo which was needed to suit the traffic of guests.

What colors are in Joe's coffee cups?

This was another step towards creating the coffee universe we know of today. The colours of grey, purple, yellow and pink were introduced to signify the size of the coffee. Basse’s ambition behind this move was to eventually create such a strong coffee universe in JOE. Before this change, the coffee cups were just plain brown/grey and we had to put stickers on each one.

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.

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.

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.

What is a juicer in a barista?

The staff, called “juicers,” are encouraged to be themselves in how they dress and talk, and even to play their own music. They’re given control of their stores, and in return, treat it as such. They bring their personalities to work. The idea is that employee freedom fosters a strong relationship between barista and customer.

Who is the founder of Starbucks?

As a former athlete, founder and CEO Basse understands the importance—and draw—of nutrition. When he started to kick around the idea of launching his own company, he realized he loved the concept of Starbucks, save for two big omissions: the lack of freshly prepared healthy food and a distinctive atmosphere.

Does pulchritude hire men?

(We’re not the first to notice the predominance of pulchritude .) A video of an employee party, in which the overwhelming majority of attendees are male juicers competing in relay races, confirms the bro vibe. It looks like a hipster Chippendales.

Does Basse have respect for the coffee giant?

For his part, Basse has nothing but respect for the coffee giant, though he does see room for improvement.

Is Joe and the juice a tall order?

Andrew Alvarez, an industry analyst at the research group IBISWorld, says entering the U.S. market is a “tall order” for any foreign brand, though he thinks Joe & The Juice has a pretty solid brand concept that resonates with millennials, a powerful and sought-after demographic.

Does Joe and the Juice have health insurance?

Joe & The Juice offers its employees full benefits, including health insurance and time off. (Though no literal ownership: Stock options are currently not part of the package.) There’s even a financed “exchange program” for juicers to travel to and work in different cities to learn how sister branches operate. Hence, you might spot a Swede in the New York City location.

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.

How much does a juice bar franchise make?

If you operate a successful juice bar franchise, your annual income can range on average from $100k to upwards of $300k if you operate a successful location. And that’s after all expenses are paid. A pretty significant amount of money! One of the best parts about the profit potential with a juice bar is the ability to raise your income even more. When you own a juice bar franchise, you can choose to purchase additional franchises. This can help you really raise your income to the next level.

How much is the juice bar industry worth in 2020?

The juice and smoothie bar industry’s total revenue is bringing in 2.6 billion as of 2020. So it’s no wonder you want to purchase a juice bar franchise! There is a huge potential for income.

What factors affect juice bar profits?

Factors that Affect Profit. When you purchase a franchise, there are a few factors that can affect your juice bar’s profit. And one major factor is location. The location where you choose to open your store can mean the difference between a profitable, successful franchise or a complete financial headache.

What does it mean when a franchise is located in an area that is only one within miles?

Of course, if your franchise is located in an area where it’s the only one within miles, that means less competition. And that could be great! Maybe it means you are the first to tap into a juice goldmine! But before selecting your location, you’ll want to make sure it’s a place where there is a demand for your juice bar. Again, this is something your franchisor should be able to help you figure out.

How much does a franchise get royalty?

They’ll also get a percentage of marketing fees and an upfront franchise fee. Royalty fees range from 6% to 10%.

What equipment is needed to sell juice bars?

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.

How much does it cost to franchise a store?

Franchise Fee: The 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 franchise up and running.

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