8/10

Franchimp Summary Rating

9 /10
Lower than 17% of peers

Franchise Summary

Description
Playa Bowls is a rapidly growing franchise founded in 2016 in New Jersey, specializing in healthy and visually appealing acai bowls, smoothie bowls, and tropical-inspired dishes made with fresh ingredients. With a focus on a healthy lifestyle and catering to various dietary preferences, Playa Bowls has become a popular choice for health-conscious consumers across the United States.
Company Background
Playa Bowls is a family-owned, fast casual restaurant that offers acai bowls, pitaya bowls, coconut bowls, chia pudding bowls, oat meal bowls and other healthy food options. The company strives to provide guests with a pure and natural experience by using fresh ingredients made in-house every day. Playa Bowls has 4 locations in the Los Angeles area: Santa Monica Blvd., Venice Beach Boardwalk, West Hollywood & Downtown LA.
Franchise Opportunity
It's hard to eat healthy in today's world of fast food, sugary drinks and processed foods. We all know that eating healthier is good for you but it can be difficult to stick with this habit if your options are limited. Playa Bowls offers a variety of healthy food choices including acai bowls, pitaya bowls, coconut bowls, chia pudding bowls, oat meal bowls and smoothies. Our menu also includes juices made daily from fruits like oranges or grapefruits. All our ingredients are natural and organic whenever possible so we can provide the best quality meals available anywhere! You don't have to sacrifice taste when eating healthily at Playa Bowls!
Corporate Structure
Playa Bowls Franchisor LLC was formed as a New Jersey limited liability company on June 21, 2016. Their principal place of business is 197 State Route 18, Suite 202N, East Brunswick, New Jersey, 08816. They began offering franchises in July 2016.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Traditional Outlet" Units

Average Revenue Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$1,095,112 / unit

Franchise Type: Traditional Outlet

Average Revenue During 2021

$1,095,112
$412,032
Industry Low
$1,773,176
Industry High

Financial Performance of "Seasonal Outlet" Units

Average Revenue Per Unit

Compared vs. Quick Service Restaurants (QSR) Industry

$471,353 / unit

Franchise Type: Seasonal Outlet

Average Revenue During 2021

$471,353
$412,032
Industry Low
$1,773,176
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Playa Bowls Franchise System Development in 2022

FAQ

How much investment do I need to start my own Playa Bowls business?
Franchisees typically require at least $188 to $465 investment to get their Playa Bowls business started
What are the initial franchise fees for Playa Bowls?
Franchisees typically need to pay at least $35 in fees directly to Playa Bowls in order to earn the right to launch their business
How much money can I make with a Playa Bowls franchise? What are the average revenues for a typical Playa Bowls business?
We estimate that the average revenue of an individual Playa Bowls unit is approximately $1,095,112. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Playa Bowls unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

9 /10
The Franchisor's investment costs ranges from $188,675 to $465,058 which is Much Lower than the $0 to $0 average in the Quick Service Restaurants (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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