Are you planning and searching for a Juice Franchise in your area? Owning a Jamba Juice Franchise would end your research.
This article will assist you in comprehending the process of Owning a Jamba Juice Franchise with its Capital requirements, Profit Margin, and step-by-step guidelines to start this franchise in your area.
- Initial Franchise fee: $35,500
- Construction and Build Out Costs: $100,000 to $300,000
- Opening Inventory: $5000 to $10000
- Royalty Fee: 6% of Net Sales
- Minimum Liquid Capital: $120,000
- Estimated Initial Investment for a Traditional Store: $378,650 – $843,000
- Minimum Net Worth: $300,000
The juice industry’s growth is primarily a result of unhealthy lifestyles and diseases caused by them, which pushes people to focus more on their diets. One Such successful Juice Chain in the US is Jamba Inc, also known for world famous Smoothie Franchise.
Below are a few market research data:
According to Imarc Research, the North American fruit juice market will grow from US$ 35.7 billion in 2021 to US$ 47.8 billion by 2027, representing a 4.9% CAGR. As per Market Data Forecast Report, the North American smoothie market will grow from US$ 4.58 billion in 2021 to US$ 6.28 billion by 2026, representing a 6.7% CAGR.
Another Focus Brands Subsidiary, The Jamba franchise is an American Company popularly known for serving Blended Fruits, Vegetable juices, Delicious smoothies, and similar products. The journey from opening a single outlet as Juice Club, Inc in San Luis Obispo in 1990 to serve juices to making more than 850 outlets across the country is mesmerizing.
Please continue reading if you are interested in Owning a Jamba Juice Franchise and this tidbit of information excites you.
Table of Contents
Overview of Jamba Juice Franchise
With its roots dating back to March 1991, Jamba Juice is a renowned subsidiary of Focus Brands, known for serving Blended Fruit and Veggie Juice and Smoothie, founded by Kirk Perron and later supported by a few friends.
They have a presence with more than 850 outlets across 36 states in the US and other countries such as Japan, Indonesia, Philippines, Taiwan, South Korea, and Thailand.
Jamba Franchise is known for a few world-class smoothies and other menu items mentioned below.
- Iced Beverages
- Smoothies
- Sandwiches and Bakery
- Egg Bake
- Fruit Bowls
- Gluten and nut-free snacks
- Fresh Juices n’ shots
- and various newly added items
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Why to Own a Jamba Juice Franchise?
That’s a Good Question. Franchise ownership involves numerous analyses, such as the brand’s market value, cost, and future growth prospects. Being a three-decade-old company, it has seen many ups and down in this industry, enabling them to grow in any environment and market significantly.
Key Features to consider before owning a Jamba Juice franchise,
- Firstly, This is one of the rapidly growing juices and smoothie chains in the US, generating net sales of US $754,052 across more than 800 locations in 36 US states and in six countries.
- Interested applicants will benefit from the company’s global brand recognition.
- Being a renowned brand across the globe, unit-holder might have a significant advantage over its competitors.
- It might be problematic to rely on a single product, but it’s not the case with Jamba Franchise since it offers a variety of products.
- With its regular loyalty and subscription plan, franchisee can retain and attract new and old consumer.
- The Jamba Sales team assists applicant in choosing and building their Jamba Outlets in the city.
- The franchise offers extensive training programs for the interested unit-holder and its team, which will enable them to understand and operate the franchise flexibly.
- Jamba franchise uses data-driven digital marketing analysis, enabling the franchise to target interest-based consumer and plan the growth strategy accordingly.
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How much does a Jamba Juice Franchise Cost?
Jamba Juice Franchise cost will vary depending on your chosen franchising. Below are the list franchise model it offers,
- Drive-Thru
- Kiosk
- Non-Traditional
- Dual Branding Opportunities
- In-line
- Traditional
Now the question arises, why should someone prefer to open a Jamba Juice outlets over any other chains such as Shake shack, Black Rifle coffee, Teriyaki Madness, Creams Cafe, and White Castle? Well, No worries!, we would discuss in details later in this article.
To start a Jamba Juice franchise, one would at least require an initial investment of $250,500 – $741,500 Furthermore, Before choosing a Jamba outlet location, one must conduct the market research and understand the market potential and its growth prospects.
Traditional Store: It is a Store located in urban in-line locations, free-standing buildings, and other locations that exist primarily as a Jamba® Store.
Non-Traditional Store: It is a Store located in a Non-traditional Location. These locations include limited access and captive audience facilities, concession departments, and other types of institutional account location such as,
- Airports, train stations, toll road plazas, highway rest areas, ferry terminals, bus stations, and other public transportation facilities.
- Stadiums, arenas, sports venues, theme parks or centers, casinos, convention centers, zoos, parks, aquariums, museums, art centers, concert venues, theaters, drive-in theaters, movie theaters, amphitheaters, casinos, and other entertainment or tourist facilities.
- Travel centers, gasoline service stations, and convenience stores
- Health clubs
- Big box retail stores (such as mass merchandisers)
- Retail stores
- Food courts
- Hospitals and other health care facilities
- University and college campuses
- Schools and education facilities
- Military bases
- Retail centers (enclosed or open) including outlet malls, with aggregate gross lease area in excess of 350,000 square feet (“Shopping Malls”)
- Office buildings, business complexes, condominiums, dormitories, other high-density locations, and other similar atypical locations.
Food Truck: It is a Store located in a mobile food truck in which you will produce and
sell a limited range of Jamba products.
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Jamba Juice Franchise Cost Structure
After signing the franchise agreement, Interested Unit-holder will require to pay an Initial Franchise fee of US$ 35,500 for traditional or Non-Traditional model for owing a Jamba juice franchise. For the Food Truck model, one has to pay US$ 10,500.
They have a participation in the international Franchise Association’s VetFran program, which enables qualifying Veterans or armed force members to take this franchise at initial fee of US$ 20,000.
Cost Structure for TRADITIONAL STORE WITH A DRIVE THRU
| Essentials | Investment |
|---|---|
| Initial Franchise Fee | $35,500 |
| Construction and Build Out Costs | $280,000 – $300,000 |
| Permitting | $500- $17,500 |
| Equipment Package | $70,000 – $90,000 |
| Mill work | $20,000 – $40,000 |
| Furniture | $950 – $2,500 |
| Menu Board, Graphics, and Interior Signage | $2,000 – $3,500 |
| Exterior Signage | $16,500 – $50,000 |
| Computer System | $8,600 – $24,000 |
| TV/Music | $0 – $3,500 |
| Architect/Engineer | $14,000 – $19,000 |
| Rent | $4,000 – $10,000 |
| Grand Opening Marketing | $10,000 – $12,000 |
| Legal and Accounting Fees | $5,000 – $10,000 |
| Insurance | $5,000 – $15,000 |
| Misc. Opening Costs/Office Supplies | $9,000 – $14,000 |
| Security Deposits | $0 – $15,000 |
| Travel and Living Expenses during Training | $10,000 – $25,000 |
| On-Site NSO Support | $0 – $5,000 |
| Opening Inventory | $5,000 – $10,000 |
| Additional Funds – 3Months | $15,000 – $40,000 |
| Total Initial Investment | $511,050 – $741,500 |
Cost Structure for TRADITIONAL STORE WITHOUT A DRIVE THRU
| Essentials | Investment |
|---|---|
| Initial Franchise Fee | $35,500 |
| Construction and Build Out Costs | $101,500 – $227,000 |
| Permitting | $500 – $5,700 |
| Equipment Package | $47,500 – $90,000 |
| Mill work | $13,000 – $19,600 |
| Furniture | $950 – $2,000 |
| Menu Board, Graphics, and Interior Signage | $2,000 – $3,500 |
| Exterior Signage | $6,500 – $10,800 |
| Computer System | $8,600 – $24,000 |
| TV/Music | $0 – $3,500 |
| Architect/Engineer | $11,000 – $19,000 |
| Rent | $4,000 – $10,000 |
| Grand Opening Marketing | $10,000 – $12,000 |
| Legal and Accounting Fees | $5,000 – $10,000 |
| Insurance | $5,000 – $15,000 |
| Misc. Opening Costs/Office Supplies | $9,000 – $14,000 |
| Security Deposits | $0 – $15,000 |
| Travel and Living Expenses during Training | $10,000 – $25,000 |
| On-Site NSO Support | $0 – $5,000 |
| Opening Inventory | $5,000 – $10,000 |
| Additional Funds – 3Months | $15,000 – $40,000 |
| Total Initial Investment | $290,050 – $596,600 |
Cost Structure for NON-TRADITIONAL STORE
| Essentials | Investment |
|---|---|
| Initial Franchise Fee | $35,500 |
| Construction and Build Out Costs | $93,000 – $209,000 |
| Permitting | $500 – $6,000 |
| Equipment Package | $29,000 – $79,000 |
| Mill work | $12,100 – $13,400 |
| Menu Board, Graphics, and Interior Signage | $1,500 – $12,000 |
| Exterior Signage | $5,300 – $7,600 |
| Computer System | $8,600 – $24,000 |
| TV/Music | $0 – $2,000 |
| Architect/Engineer | $9,000 – $18,000 |
| Rent | $2,000 – $10,000 |
| Grand Opening Marketing | $10,000 – $12,000 |
| Legal and Accounting Fees | $5,000 – $10,000 |
| Insurance | $5,000 – $15,000 |
| Misc. Opening Costs/Office Supplies | $9,000 – $14,000 |
| Security Deposits | $0 – $15,000 |
| Travel and Living Expenses during Training | $10,000 – $25,000 |
| On-Site NSO Support | $0 – $5,000 |
| Opening Inventory | $5,000 – $10,000 |
| Additional Funds – 3Months | $10,000 – $25,000 |
| Total Initial Investment | $250,500 – $547,500 |
There are few other costs involved other than the above mentioned one.
- Minimum Liquid Capital: $120,000
- Minimum Net Worth: $300,000
- Royalty Fee: 6% of Net Sales
- Ad Royalty fee: 3% of Net Sales
- Training Fee: $500 per trainee
- Plan review Fee: $1000 per set of drawings
- Renewal Fee: 20% of the then-current Initial Franchise Fee
- Loyalty App Fee: Currently, $45 per month
- Online Ordering Fee: Currently, $45 per month
*All cost mentioned above are based on the Franchise Disclosure Documents(FDD), Issued on March 2021. However, I believe there won’t be much changes from the current data.
For the latest version of Franchise Disclosure Documents, You are required to visit the official website of the company.
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Jamba Juice Franchise Requirements
The requirements are based on the franchise business like Legacy Academy franchise and Junk removal and moving company targets Daycare business and customers who are relocating respectively.
Before owning a Jamba juice franchise, one must understand the franchise’s business model, growth potential and the cost involved in it.
- On the official website, it is stated that one must meet the company’s financial requirements.
- A few years of experience in the chosen industry will help you gain a better understanding of the business.
- Jamba Juice owner must follow the requirements outlined in the Franchise Agreement and be actively involved in the day-to-day operations of the business.
- One must have a passion for and dedication to work in the industry.
Jamba Juice Franchise Profit
Being a leader in the sector for the variety of its offerings and ongoing loyalty program enables them to draw in and keep both current and potential customers while generating exceptional profits. According to Item 19 of the FDD, One can anticipate a profit margin of 8–10%.
How to get a Jamba Juice Franchise?
Nearly every other business has a similar application process for franchising. Visit the official website to submit a franchise application.
Please click the Franchising link at the bottom; you’ll be redirected to another website; select the Jamba Franchise; and finally, click Contact Us at the bottom.
You can directly reach there by Jamba franchise – Development page.
Please fill the required details such as the Interested Franchise Name, Interested Country, Name, Address(Including State, City, and Zip code), Liquid Capital Available, Net Worth, and etc.
Do verify the entered data before submitting the form.
Conclusion
Owning a Jamba Juice franchise will be beneficial for the interested aspirants given its future growth potential, proven business model, flexible franchising model, robust franchise network, delicious food offerings, extensive marketing strategies & support, and more than 30 years of experience in this field.
Furthermore, Jamba Juice is also seeking qualified applicants for multi-unit operations from other parts of the globe, which would help them to expand globally and interested candidates to join in the ever-growing industry.
If you’re willing to work in the Juice and Smoothies business and have a budget for investments between $250,500 – $741,500, you can seize this opportunity and earn a respectable profit margin of 8-10%.
Reference Doc: Click here
Read More:
Looking to invest in food franchise, then do check out Creams cafe, Panda Express, Jollibee, Dixie creams, The counter, Starbird, Kung fu Tea, Iniburger, and much more.
FAQ
What is the Cost required for Owning a Jamba Juice Franchise?
As per the franchise, one must meet the financial requirements for owning a Jamba Juice franchise. Below are a few cost detailed involved in this business.
Initial Franchise fee: $35,500
Construction and Build Out Costs: $100,000 to $300,000
Opening Inventory: $5000 to $10000
Royalty Fee: 6% of Net Sales
Minimum Liquid Capital: $120,000
Estimated Initial Investment for a Traditional Store: $378,650 – $843,000
Minimum Net Worth: $300,000How long does it take to complete Jamba Juice Franchise application process?
The franchise process involves several process including Site Location feasibility, Construction and Build up, Interior Decor, System installation, Training, and Inauguration as per the company standards. This entire activity of application approval will take around 40-45 business days.
How much does a Jamba Juice Franchise owners make?
The profitability of franchise requires full commitment and ownership to run a business regularly. I strongly recommend you to read this article completely. One can anticipate a profit of 8-10%.
How much does a Jamba Juice franchise cost?
The franchising cost varies from model to model. However for traditional model one would at least require initial fee of $378,650 – $843,000.
