Juice It Up
Food & Beverage QSRCompany Information
Address
17915 Sky Park Cir., #J Irvine, CA 92614
Website
Tel
Not Available
Email
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Franchimp Summary Rating
Higher than 67% of peers
Lower than 21% of peers
Franchise Summary
Description
The franchisor offers franchise opportunities to own and operate one or more authentic juice bars serving fresh-squeezed juices, cold-pressed bottled juices, smoothies, acai and pitaya bowls, and other snacks to an increasingly health-conscious world.
Company Background
Juice It Up is a rapidly growing, healthy restaurant franchise that offers an authentic Juice Bar experience. We are looking for energetic entrepreneurs who want to join our team and make a difference in people's lives by providing food which promotes their health and wellness. With the ability to grow your own business through franchising opportunities, Juice It Up provides you with the opportunity to be your own boss while still being able to call all of the shots!
Franchise Opportunity
It can be hard to find healthy and affordable snacks, especially if you're on the go. Most people think that eating healthy has to be expensive or time consuming. That's why so many people choose unhealthy convenience foods instead. Juice It Up is here to help. We offer a variety of delicious and healthy snacks that are perfect for on-the-go lifestyles. From fresh-squeezed juices and cold-pressed bottled juices, to smoothies and acai bowls, we've got you covered. And our franchise opportunities make it easy and affordable for you to get in on the action.
Corporate Structure
SJB Brands, LLC organized in Delaware as SJB Brands, LLC, a limited liability company, on January 2, 2018. Their principal business office is located at 17915 Sky Park Circle, Suite J, Irvine, California 92614. Their predecessor is LLJ Franchise, LLC. LLJ offered franchises for JUICE IT UP® Units from May 2010 to February 6, 2018, the date when SJB Brands, LLC acquired all of LLJ’s assets under an Asset Purchase Agreement.
Investment and Franchisee Fees
The estimated initial investment to begin operation of a JUICE IT UP® Unit is between approximately $227,400 and $399,185. These amounts include an initial franchise fee of between $10,000 to $25,000 per Unit which must be paid to SJB Brands, LLC. These sums do not represent your total investment in the JUICE IT UP® juice bar franchise.
Franchisee Attrition
This franchise's rate of attrition in 2012
of 7.23%
was
Slightly Higher
than the 4% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Distribution of Juice It Up Franchisees
Juice It Up Franchise System Development in 2017
FAQ
How much investment do I need to start my own Juice It Up business?
Franchisees typically require at least $249,550 to $343,726 investment to get their Juice It Up business started
What are the initial franchise fees for Juice It Up?
Franchisees typically need to pay at least $25,000 in fees directly to Juice It Up in order to earn the right to launch their business
How much money can I make with a Juice It Up franchise? What are
the average revenues for a typical Juice It Up business?
We haven’t done the math on how much revenue a typical
Juice It Up brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Juice It Up to generate a similar amount
How long do I need to commit to running a Juice It Up unit? What
is my contractual commitment?
Juice It Up franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$213,540 to $475,750
which is
Much Lower
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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