Jamba Juice’s mission is all about “Making consuming higher, simpler and extra enjoyable!” How does the smoothie franchise do this? By providing recent fruits of their smoothies and protein-packed meals on their menu. Jamba Juice makes consuming properly, simpler for customers.
How a lot does it value to open Jamba Juice? To start out, Jamba Juice is on the lookout for franchisees with a minimal liquid capital of $120,000 and a minimal internet value of $300,000. The estimated preliminary funding vary is $378,650 to $843,000 with an preliminary franchise payment of $35,500. That is on the decrease finish of the startup value spectrum for meals franchises.
Interested by opening a Jamba Juice close to you? Learn on to search out out all the pieces it’s good to find out about franchising Jamba Juice, whole startup prices, and whether or not or not they’re the fitting enterprise for you. Take our 7-minute franchise quiz and uncover if this smoothie franchise is best for you.
Monetary Necessities and Charges
These are the monetary necessities and charges to anticipate when franchising with Jamba Juice:
| Charges / Bills | Monetary Quantity |
| Liquid Capital | $120,000 |
| Web Value | $300,000 |
| Complete Funding | $378,650 to $843,000 |
| Franchise Charge | $35,500 |
Along with all these bills, Jamba Juice additionally requires a royalty payment of 6% and an advert royalty payment of three%. franchise candidates could open each single and multi-unit franchises. Veterans can also avail of a reduction on the franchise payment. The time period of settlement is 20 years and could also be renewable.
Ensure you’re emotionally okay with handing over 9% of your gross sales quantity between advertisements and royalties alone. Remember that is on high of paying for hire, wages, and taxes amongst different bills.
Common Gross sales / Income per 12 months
International gross sales of Jamba Juice for the yr 2021 is $429,849,439. These numbers could look spectacular however sadly, in accordance with Franchise Instances, the model noticed a gross sales progress of -13.3%. A few of this gross sales declines had been brought on by retailer closures in the course of the pandemic.
Jamba Juice Franchise Information
| Complete Models | 767 |
| Integrated Identify | Jamba |
| Franchising Since | 1993 |
| Trade | Meals and Beverage |
| Subsector | Smoothies and Juices |
Jamba Juice got here out of a faculty mission at California Polytechnic State College by Kirk Perron in 1990. At 26 years outdated, he began a wholesome juice store as a result of he used to frequent one in San Luis Obispo referred to as Blazing Blenders. Perron was a bicycle owner and was all in regards to the wholesome life-style which is why he opened a juice store. The idea was referred to as “Juice Membership” initially and didn’t change the title to Jamba Juice in 1995.
Over time, Jamba Juice has grown from simply america to in every single place all over the world. Properly-known manufacturers have helped Jamba Juice to who they’re now corresponding to Starbucks founder Howard Schultz being an investor and signing a take care of wholesome grocery retailer Entire Meals to permit Jamba Juice bars to open of their shops.
In 2019, Jamba Juice shortened its title to Jamba. The rebrand has allowed them to develop their menu to incorporate extra drinks and meals gadgets, a makeover of their retailer designs all over the world, and a shift to turn out to be extra digitally accessible by bettering their e-commerce platform.
Jamba remains to be recognized for his or her drinks which embrace smoothies and iced drinks. Smoothies on the menu embrace classics that are blended fruits or frozen yogurts along with your alternative of milk. There are additionally plant-based choices like kale or ginger blended with fruits and milk. Additionally they have their tremendous blends that are smoothies which might be full of anti-oxidants, nutritional vitamins or zinc. For his or her iced drinks, caffeinated drinks corresponding to espresso, tea, and recent juices can be found.
Franchise Evaluate: How A lot Does it Value (w/ Charges) to Open Smoothie King?
Except for the wide range of drinks, Jamba additionally has meals on the menu. They’ve bowls which may be of acai mix, spirulina, yogurt, pitaya or oatmeal. Additionally they supply sandwiches, egg bakes, pretzels, wraps, and waffles. As well as, seize and go snacks corresponding to well being bars and protein snacks are provided.
To franchise Jamba Juice, begin by filling up the shape right here. As soon as obtained, you’ll get an introductory name with a Jamba Pre-Qualification Supervisor. You’ll focus on with them all the pieces it’s good to know such because the monetary and operational necessities and market of curiosity. After that, you’ll have an introductory name with Jamba’s Director of Franchise Growth to debate your issues, questions, particular qualification necessities, and your complete technique of franchising a Jamba Juice location.
Smile… You personal a smoothie bar.
After the introductory calls are finished and also you’re nonetheless interested by franchising a Jamba close to you, the corporate will hand you their Franchise Disclosure Doc (FDD) that features all of the written particulars concerning the franchise. You’ll additionally get to signal the franchise settlement which will likely be submitted and reviewed by the franchise committee.
As soon as chosen, you’ll get to go to the corporate’s headquarter’s in Atlanta, Georgia for his or her Focus Day. You’ll be capable of meet the model staff behind Jamba and in addition be interviewed by the management staff.
Upon assembly the standards as a franchisee, you’ll be notified of your utility being accepted. You’ll signal the ultimate agreements, pay the mandatory charges, and then you definitely’ll lastly turn out to be an official franchisee of Jamba Juice.
The franchise location choices that Jamba affords are:
- Conventional Shops
- Non-Conventional Shops
- Drive-Through
- Kiosks
- Twin Branding Alternatives (sharing with one other model)
- In-Line Retailer
Jamba is owned by Focus Manufacturers which is understood to personal a number of meals franchises. The manufacturers that they personal other than Jamba are Auntie Anne’s, Carvel, Cinnabon, McAlister’s Deli, Moe’s Southwest Grill, and Schlotzsky’s. That is why if you franchise a few of their manufacturers, you might be given choices to pair up with one other or carry one other of their manufacturers. As an example, you might even see Jamba Juice and Auntie Anne’s collectively sharing an area.
Jamba Juice is 99% p.c franchised to this date. There are over 700 places worldwide. Jamba is positioned in america, the Philippines, South Korea, Taiwan, and Thailand.
How A lot Does Jamba Juice Make in Revenue?
There isn’t any official information concerning Jamba Juice’s international revenue however in accordance with this location in a strip mall in San Bernardino that was up on the market, the placement had a month-to-month common internet revenue of $6,800 with month-to-month product sales of $22,500 in 2009. That is in fact solely a snap shot of the monetary efficiency of a single location. Your location, advertising expertise, and market demographic will affect the success or failure of your store.
Are there any benefits to franchising Jamba Juice?
Properly-known Model
Jamba Juice is a well known model. Even after they modified their title to Jamba, they had been nonetheless capable of reel in prospects. They’ve over 700 places and aren’t simply confined to america. They’re positioned in Asian nations as properly such because the Philippines, South Korea, Taiwan, and Thailand.
To franchise Jamba means you’re partnering with a model that already has a reputation within the smoothie enterprise and well being scene so that you don’t have to fret in regards to the reputation of your retailer.
Promotes a Wholesome Life-style
Proper from the start, Jamba has promoted a wholesome life-style. And in a world the place quick meals companies dominate the meals scene, it’s good to have a wholesome cease like Jamba Juice be out there. It’s a break from all of the sugary carbonated drinks and the greasy meals. Additionally they supply snacks to go that may assist preserve the starvation at bay for these which might be all the time engaged on the go.
Going Digital
Jamba Juice’s change to Jamba got here with a number of upgrades together with their shift to a extra fashionable and digital platform. One in every of these is the addition of their robotic Jamba maker by Blendid. It’s the world’s first absolutely autonomous robotic meals kiosk. The robotic makes the smoothie which promotes contactless service which has turn out to be an essential component in meals service due to the pandemic.
As of the second, the robotic kiosk is barely out there at inside Walmart Supercenter at 235 E Dorset Dr., Dixon, California. However who is aware of. Possibly they’ll develop quickly and add robotic kiosks in additional locations.
Challenges of a Jamba Juice Franchise
Jamba Juice, like every other enterprise franchise, has their set of challenges. Listed here are a couple of you’ll be able to anticipate:
Main Opponents
Lots of people are all in regards to the wholesome life-style as of late so there have been a number of rivals within the wholesome food and drinks business. Although Jamba Juice has the higher hand since they’ve been round longer and have gained a following together with their title being well-known, main rivals are additionally catching up.
As an franchisee, the problem right here is to ensure you’re continually up to date with the wholesome food and drinks developments and that hopefully the corporate is just too so new gadgets may be launched sometimes.
Not Precisely Wholesome say Critics
Jamba Juice isn’t precisely tremendous wholesome. In truth, they’ve confronted a lawsuit in 2018 for advertising their smoothies as utilizing “complete fruit and vegetable” when actually the model makes use of fruit juice blends in a few of their merchandise which might comprise concentrated sugar and energy. However they’re not completely unhealthy both. They’re not as intense as different carbonated and sugary drinks which make them a greater choice.
What your prospects can go for is to customise their drinks to allow them to decide out of the fruit juice blends and keep away from the sugar.
Lack of Enlargement
It’s good to know that Jamba Juice is accessible outdoors of america however they’re solely restricted to Asian nations. It will be good if Jamba can department out to different places such because the Center East or Europe. We’re undecided what their future enlargement plans are but when they do develop to different nations and never simply in Asia, they might be capable of see a rise in international gross sales.
Is the Jamba Juice Franchise Proper For You?
Should you’re into dwelling a wholesome life-style and wish to carry a spot that’s handy for folks to get fruit smoothies and different wholesome snacks, then Jamba is the one for you. Though you must consider the places that will likely be provided to you or the monetary bills you’ll should undergo.
In response to this remark, the rationale why some Jamba Juice shops exit of enterprise or some places closing down is as a result of the price of juices and fruits are excessive and that the revenue margin is “skinny”. However this isn’t relevant to all shops in good places.
Wholesome consuming is ranked excessive within the life-style change of 2022 with 46% of customers wanting into consuming more healthy this yr. With this information, you may be assured that should you’re seeking to franchise a enterprise, a model that’s all about wholesome dwelling is the way in which to go. It’s clear that Jamba has positioned itself in a rising business phase over the previous couple of a long time.
In conclusion, places matter. And you’ll want to learn the superb print on their Franchise Disclosure Doc as properly so that you gained’t miss any essential element in terms of franchising Jamba Juice.
What’s another Jamba Juice franchise?
One smoothie place you can even franchise is Smoothie King. They’ve fruit and vegetable blends and extra however one in all their predominant promoting ideas is that their smoothies are full of protein so as to add a wholesome and energizing kick to your drink. Additionally they have smoothies for these on a particular weight loss plan like Keto.
To franchise Smoothie King, anticipate the preliminary investments to achieve $320,301 to $1,184,865 (relying on the kind of retailer), an preliminary franchise payment of $25,000 to $30,000, and a minimal internet value of $300,000.
So are you able to open a Jamba Juice and supply up these fruit smoothies close to you? I hope this information was in a position that can assist you make a extra knowledgeable resolution.
