Back. This includes $34,000 to $37,000 that must be paid to the franchisor or its affiliates. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka. SoBol - Acai Bowls Franchise. 480 Forest Ave, Staten Island, Staten Island – Forest Ave, New York 10310Smoothie company Plan: wie is factory, Costs, and Profit. One of the Best Grand-Openings in Company History. Franchise Development Leadership Report;What does a Cinnaholic Franchise Cost? Cinnaholic franchise fees for 2023: Cash Investment: $ 50,000 Total Investment: $173,000-$269,500 Minimum Net Worth: $250,000. Years ago, it may have been difficult to find healthy food options, but today the number of healthy eaters is increasing daily and won’t be slowing down anytime soon. This is based on a multitude of factors, including their initial investment cost of 189800 and upfront franchisee fees of 15000The franchise has 32 locations open throughout the United States. Supercuts is one of the most recognizable. Of course, you can go through all these steps, or enjoy franchise business ownership with an effective all day breakfast restaurant—SoBol. Good, The. The SoBol FDD, previously known as the Uniform Franchise Disclosure Circular (UFOC), is a federally mandated document that requires SoBol to disclose 23 key items in easy to understand language. FINANCIALS Year over year growth, with proven excellent financial operations. SoBol Sees Enormous Growth in First Year as Franchise - SoBol Franchising. The number one franchise, Taco Bell, has been in business since 1964 and has 7,900 locations as of 2022, spanning beyond the U. 5% royalty fee and a 4% advertising fee (based on gross sales). Snap-on Tools. Bakery café franchises are an $11 billion dollar industry here in the U. Growing healthy food company is empowering female franchisees. Financially, the SoBol franchise requirement includes $225,000-250,000 in liquid assets, which will cover your $30,000 franchise fee as well as working capital to complete your project. Enjoy up to 25 free contacts each month at no cost. Cash Required $150,000. Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. Stage No. Inquiry – you’ll attend one of our webinars and complete an application. Technology is the foundation of our business. 8 million in the third quarter, compared with a profit of $45. 4 million. Applies to orders in store…Just like these businesses, seasonal franchises are designed to operate during a particular period of time and may be appealing to entrepreneurs who are looking for a lower-cost, lower-risk way to get into franchising, as they often require less investment in terms of time, money, and resources compared to year-round franchises. mysobol. Here are the high-end franchise investments for Entrepreneur Magazine’s Top 25 Franchise Brands in 2021: Taco Bell – $3 million. SoBol. • Franchise Fee: This amount can vary, depending on the. Start your search for the perfect franchise today. FANCHISE FEE$ $22,500. FranCalc was launched in 2021 with a single mission: Help franchise growth professionals use data driven budget planning to make smart, informed franchise development decisions. Identify the perfect franchise for you! Costs. , and although they are also seeing modest growth, they are also experiencing heavy competition. Ad royalty fee: 4%+. Dream Vacations. (PLNT) Investigation: The investigation focuses on Planet Fitness’ statements about its business, operations, and. First, a parameter sequence is generated using Sobol sequence. Established in 2021. read more. 8 that it was forced to mark down the value of its equities portfolio, resulting in a net loss of $75. Numbers wise, the global market for health and wellness foods is at about $800 billion currently,. com 2023-07-17T10:14:37-04:00What does a Voodoo Brewing Co Franchise Cost? Voodoo Brewing Co franchise fees for 2023: Cash Investment: $400,000 Total Investment: $479,000-$1,144,000 Minimum Net Worth: $800,000. WHAT’S NEW WITH SOBOL?. Paisano's Pizza - Pizza Restaurants Franchise. Simple franchise to start, grow, scale, and maintain. For prospective franchisees looking to invest, the Smoothie King investment level is listed by Entrepreneur as $269,000 – $859,000. msinger@919marketing. Smoothie. trend in 2020. If you would like to learn more about the SoBol brand. Staten Island – Forest Ave. Usually, the range for franchises is 4% to 6%, so it’s definitely on the more pricey side. Use of the BC Pizza name, marks and systems. The cost to open a Topgolf franchise is around $18 million. First-time, thou ca learn from scratch and spend your hour and money researching, planning, and hoping it works. SoBol serves healthy and invigorating acai bowls topped with fresh fruit and homemade granola. Who we Are;B. Investment from $205,200. In fact, we estimate that some franchisees can get their gyms up and running for under $150,000. Let’s talk money. The total investment necessary to begin operation of a SoBol Express Restaurant under a Franchise Agreement is $174,800 to $249,500. Initial investment costs vary widely from franchise to franchise. 14 Food Franchise Opportunities. Rural Locations: $218,148 - $419,226*. SoBol was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Are You Ready? If you’re ready to embark on a new career in the growing wellness market and seek not only profit potential but passion for your business, get started becoming part of the SoBol family. How in a SoBol franchise yields you a profit-making corporate model to follow while having all one advantages of general ownership. comSoBol Inc. Estimated total initial investment: $89,616 to $125,023. Sign upThe continued growth will partner the franchise model with operators who Mazzarone says put their faith in SoBol to steer them in the right direction and support. #franchise #franchiseopportunities #grandopening. Although a Whole Foods franchise seems appealing, the global smoothies market size is $12. Content BLVD is the fastest, easiest, most cost-effective way to get consumer products featured on YouTube. Finance. 4 million. Our average store revenue is $594,000 annually even with the financial downtown brought on by Covid-19 in 2020. What does a BURRITObar Franchise Cost? BURRITObar franchise fees for 2023: Cash Investment: $120,000 - $140,000 Total Investment: $370,000 - $390,000 Minimum Net Worth: $250,000. BY: CASSIDY MCALOON – SOBOL CONTRIBUTOR For Stephanie Giglio, being an entrepreneur runs in the family. December 22, 2021 // Franchising. Riley said Nov. The second option, which we will focus on, your investing in a smoothie franchise how SoBol. including a FREE bowl giveaway from 3:30 p. Actual costs will vary for each café depending on a number of factors, including market conditions and the geographic location of your restaurant, as well as the amount of construction work necessary for the site to be built out. SoBol specializes in acai bowls, green bowls, and fruit smoothies. We will be at the NY/NJ Franchise Show serving up… Don't miss out on an opportunity to be a part of one of the fastest growing franchises on the East Coast. While franchise owners vary across SoBol locations, a few factors remain consistent, too. SoBol’s Training is All This and Then Some. “Our first franchisee was doing great business very quickly,” Graf said. SoBol Franchise AUV, Costs & Stats (2023) Remi; Franchises; April 27, 2023; Erbert & Gerbert’s Franchise Costs $223K (+ 2023 AUV & Profits) Remi; Franchises; April 27, 2023; Goodcents Franchise Costs $421k (+ 2023 AUV & Profits) Remi; Franchises; April 26, 2023;How much does Nekter Juice Bar franchise cost? Nekter Juice Bar has the franchise fee of up to $35,000, with total initial investment range of $211,500 - $462,600. This financial calculation includes an initial fee that is $ 50,000 regardless of which type of facility is started. The Chick-fil-A franchise is the third largest fast-food franchise, and the largest franchise offering chicken in America. Find detailed business information such as news, financials, franchise history and other corporate data on SoBol. Supercharge Your Prospecting. At SoBol, we make it our mission to provide local communities with healthier yet delicious alternatives to your every day fast food options. Specialties: At SoBol Rockville Center we serve Acai bowls, green bowls, fruit smoothies, Cold Pressed Juices, Belgian waffles and fresh coffee and espresso. Total initial investment is expected to reach $177,430 – $335,400 per unit. Early, you canned learn from grate and spend your time plus money researching, planning, and hoping it works. However, you stand to make about $600,000 in gross revenue annually. Liquid Cash Requirement: $125,000 - $200,000. They tossed around a few ideas. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka Kitchen, Tru. With mobile ordering, loyalty and e-gift cards our customers can order with ease providing franchisees with a happier customer experience. Prices will vary depending on the footprint of your location. 80+. sales, costs, profits or losses. There are some low-cost franchise businesses you can launch for under $20,000, and others that cost. The initial franchise fee is $30,000 per unit, with single and multi-unit opportunities available. Owners Joe and Brock had bigger dreams fulfilled when they had the opportunity to open their first Oola Bowls stand at the oldest market in the United States, Lancaster Central Market. However, the typical cost to build an average franchise, such as the Austin, Texas facility, is about $15 million. - 5:30 p. Our average store revenue is about $600,000 — competitive with other healthy food franchises. McDonald’s. Our Verdict: ServPro offers thorough and professional restoration and cleanup services at a competitive rate. Initial investment: $1,263,000 to $2,235,000. With pretty 7,000 smoothie restaurants in the nation. Since their beginnings in 1947, Merry Maids has. S. What does a KFC Franchise Cost? KFC franchise fees for 2023: Initial Franchise Fee: $45,000 Initial Investment: $1,442,600 - $2,771,550 Net Worth Requirement: $1,500,000. For prospective franchisees looking to invest, the Smoothie King investment level is listed by Entrepreneur as $269,000 – $859,000. 185 Waverly Avenue Patchogue, NY 11772; 631. According to Franchise Grade, the Playa Bowls franchise cost includes a franchise fee of up to $35,000, with a total initial investment range of $168,675 to $435,058. SoBol Franchise for Sale - Acai Bowls Investment from $182,200 . read more. - 8… SoBol on LinkedIn: #franchise #. If you’re looking for a summer franchise opportunity that is in season for 12 months of the year, then an acai bowl and smoothie franchise like SoBol is the perfect choice for you. m. You are passionate about healthy eatingRestaurant analysts say 25-35 percent is the ideal food cost percentage range. Business Model. That's why they pride themselves in blending their acai fresh each day, producing their own homemade granola and topping their product with only the freshest of fruits. Our blends are fresh and frozen fruit only. While other franchises on this list may experience a decline in demand during the winter months, acai bowls and smoothies. With pretty 7,000 smoothie restaurants in the nation. Estimated Franchise Cost – $250,000 and up. And with an initial franchise fee of $15,000, SoBol’s strength isn’t just in the product itself—its proven business model comes at an affordable cost, too. There are on-going fees paid as a percentage of gross sales. Franchise fees are typically between $25,000 to $50,000 on average. Estimated initial investment: $1,000 to $768,000. Most shops will be anywhere from 500-100 square feet in size with initial costs estimated at $194,000 and higher while franchise fees vary. Low-Cost Franchise; Franchises Under $5k; Franchises From $5k to $10k; Franchises From $10k to $20k; Franchises From $20k to $50k;. We require a $30,000 initial franchise fee, and we will guide you every step of the way as you grow your franchise location. To open a single location, the company requires that potential franchisees have liquid assets of at least $150,000. . A New York corporation 185 Waverly Avenue, Patchogue New York 11772 Tel: (631) 278-4335 robin@ownasobol. #20. 419. We require a $30,000 initial franchise fee, and we will guide you every step of the way as you grow your franchise location. Dunn Brothers Coffee. 63 Fully Operational Locations 8 States Represented Nationwide $594 Thousand in average store revenue 10 Restaurant support team members GET STARTED WHAT’S NEW WITH SOBOL? ••• view blog July 6, 2023 Quick Service Restaurants, or QSRs, provide convenient The initial franchise fee for a Sobol franchise is $30,000 In addition to the initial. Filters. What does a 7-11 Franchise Cost? 7-11 franchise fees for 2023: Liquid Capital: $50,000 - $150,000. One of the Best Grand-Openings in Company History. There are franchises that require only $11,000, or 908,000 lakhs. equipped nearly 7,000 smoothie local in the. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka. We provide extensive training for our franchisees although having an understanding of franchising, retail, QSR, marketing and real-estate development is helpful. Also payable for failure to submit required reports. Smoothie Enterprise Plan: Select It Worked, Costs, and Profit. Ranked 2019, 2020 Entrepreneur Top New Franchise. International Franchise Fees: In the United States (US), single-franchise unit is available with franchise fee of $39,500 per unit or around Php 2 million. Photo: servpro. New franchises cost between $526,900 to $1. 1. SoBol Hits the Marks. BBQ chicken wings. $100,000SoBol Inc. Of course, you can go through all these steps, or enjoy franchise business ownership with an effective all day breakfast restaurant—SoBol. On the other hand, if you are a first-time entrepreneur, you may want to choose a low-cost franchise business. While other franchises on this list may experience a decline in demand during the winter months, acai bowls and smoothies. Learn more about the investment costs, franchisee fees, and full terms and conditions of buying a SoBol unit by reading their 2019 Franchise Disclosure Document 2019 Franchise Disclosure Document for SoBol | FranChimp. Franchising. Stage No. Healthy food retail and eCommerce. Sometimes it just takes a little extra work that goes a long way. Scalable - easy to own 1-3 pretzel bakeries and beyond. Yes, you read that right. MINIMUM NET WORTH $100 - 250K. Want to make some cash while promoting a healthy lifestyle? Franchise with SoBol today!Labor costs are a big expense for fast-casuals. Minimum Net Worth: $300,000. com franchise profile for SoBol. In a scenario with n annotators and k annotators per data point, we draw n dimensional vectors. read more. Company AddedThe total initial investment necessary to begin operation of a SoBol Restaurant under a Franchise Agreement is $240,800 to $450,600. In other words, it’s a good investment. SoBol franchise information. 419. 5%. Plus, the demand for a healthy food franchise like SoBol is profitable. An affordable $30,000 franchise fee gets you in business with our healthy franchise. A SoBol franchise can offer the chance to start your own business and be your own boss in the Food 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. On average, you may need to invest around $333,000 to open a Snap-on Tools franchise. com franchise profile for SoBol. 17. $201K - $465K. SoBol is a franchise opportunity company that is headquartered out of Patchogue, New York. Franchise Development Leadership Report;SoBol was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. You'll need to evaluate all of your startup costs — opening expenses, ongoing costs, franchise fees, royalty fees, real estate fees, etc. The Best Franchise Training Programs Have These 4 Things. Total Investment $125,000 - $225,000. 9. McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Ad Royalty. First of all, We want to thank you for seeing us regarding your potential loan for our franchise. 1,378. As of 2018, the company operates 22 franchises in the United States. Investing in a SoBol franchise gives you a profit-making business model for follow while having all to advantages from business ownership. Jobs. These costs can be even higher if you choose to open a drive-thru location. Since teaming up with SMB in October of 2015, SoBol has expanded to seven open locations with another 21 in different stages of development. It's also listed in the section for Franchises Under $10,000 . Franchise offerings are made by Franchise Disclosure Document only. What does a Domino's Franchise Cost? Domino's franchise fees for 2023: Total Investment: $119,700 - $461,450. Marketing Development Fund: 1% of total. And with an initial franchise fee of $15,000, SoBol’s strength isn’t just in the product itself—its proven business model comes at an affordable cost, too. Graf said most locations run between 900 and 1,200 square feet and employ 18 to 20 people. SoBol is listed in the Franchise Directory under the Food category. Franchisee incentives: Veteran discount: 20 percent on initial franchise fee. Famous for their fresh-made acai bowls and smoothie bars, SoBol continues the climb in the growing superfood café industry. About 1851. However, assuming it costs about $350,000 to run a smoothie store a year after initial start-up costs, owners can enjoy a comfortable profit margin on their business. The second selection, any we will priority on, is investing in a smoothie franchise like SoBol. A SoBol franchise can offer the chance to start your own business and be your own boss in the Food industry. Year of FDD: 2023. Smoothie King requires a net worth of $300,000 and a $100,000. Liquid Cash Requirement:. Send request. The açai bowl giant will shut down the hot food kitchen at its flagship location on Friday, May 28, for good. Site Concept Plan, Preliminary Due Diligence, and Site Work: $176,000 to $475,000. Taco Bell franchise fees for 2023: Initial Franchise Fee $25,000 - $45,000. We discuss the algorithm for generating a Sobol sequence based on [8]. Your initial franchise fee is a one-time fee you pay when you sign the franchise agreement. Get the guidance and support you need every step of the way (including funding 💵) from an experienced franchise broker at no cost to you. What does a Denny's Franchise Cost? Denny's franchise fees for 2023: Total investment: $1,428,422 to $2,326,537 Franchise fee: $30,000 Net worth: $1 million Liquid capital: $500,000. What does a Coolgreens Franchise Cost? Coolgreens franchise fees for 2023: Cash Investment: $89,000 - $139,500 Total Investment: $210,000 - $496,000. 6 billion in 2019 and is expected to climb to $209. Want to make some cash while promoting a healthy lifestyle? Franchise with SoBol today!The initial Chick-fil-A franchise fee is only $10,000, which is significantly lower than what their competitors charge: Chick-fil-A: $10,000. SoBol was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. SoBol CEO Jason Mazzarone Sits Down for an Interview With 1851 Franchise SoBol CEO Jason Mazzarone Sits Down for an Interview With 1851 Franchise S. Franchisees pay $30,000 to start their own operation while under the guidance of SoBol’s 15 corporate professionals for site selection, construction. Royalty fees: 1. Due Date: 30 days after billing. Think of it as your official welcome into the Robeks family. Sizing up from the sidelines: “The numbers speak for themselves, franchise AUVs at $2. We are very transparent with our franchisees. Initial franchise fee: $37,500 to $51,500, depending on market size. Benefits include a four-year pricing plan under which no one will pay more than $35 a month for the drug used by millions living with diabetes. Of course, the figure mentioned above is just an estimated average to give you some idea of your initial investment. Here in the United States alone, the health and wellness foods market is estimated at $200 billion this year, with a six percent anticipated growth rate in the. Quick Links. SoBol is part of a $2. Their model keeps things simple from set-up to staffing and their typical shop is small, intended to be a drop-in spot. Ad: 2%. Investment from $182,200 . Initial Investment:. Find SoBol franchising details, connect with a rep, view videos, and more! nationalfranchisedirectory. The 7-Eleven franchise is consistently singled out as one of the top franchise opportunities in the country since the company m. The second option, which wee will focus on, is investing in a smoothie franchise like SoBol. Charges for Insufficient Funds/ Dishonor of Payment under Snap-on Credit Franchise Finance and Credit Programs or for Payment to Snap-on. A year later, Mazzarone partnered with a family friend, Jim Kalomiris, who brought with him more than 20 years of experience in restaurant management, real estate and construction. , across the street from the new Trader Joe’s. Supercharge Your Prospecting. what are the sobol franchising fees? Our initial franchising fee is $30,000 per location Our continuing royalty fee is 5% of net sales with a brand development fee of 1% of net salesOn average, a Chili’s franchise makes $1,213,006 profits per year. m. Average Franchise Reported Sales (Yr 1) 750k Average Corporate Store Sales 900k Average ticket 12. Vitality Bowls Superfood Café was created out of a strong commitment to bring health and wellness to every community across the country through fresh, high-quality superfoods. Liquid cash requirement: $500,000. Franchise Fee: $30,000. read more. , one dimension) of N-bit low-discrepancy Sobol numbers, we choose odd integers m i. 1-800-891-4859;. Franchise fee: $50,000 for a 20-year franchise agreement Ongoing fees: Burger King charges a 4. This refocus paid off, resulting in 10 new stores launching in 2020 during COVID. sobol implements the Monte Carlo estimation of the Sobol' sensitivity indices (standard estimator). Power Rankings;Technology. This franchise is looking for entrepreneurs who are dedicated to healthy living and will work in their own franchise café on a daily basis. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka Kitchen, Tru Bowl Superfood Bar, B. Total startup costs: $501,700–$950,200. Tropical Smoothie Cafe Franchise. It’s quite a steep investment that’s needed as well, as the total investment can go over $700,000 with a franchise fee of $20,000. Real Estate Criteria-Demographics: • 900 – 1,200 sq ft. I do not see these drinks offered at the other Sobol franchises that I have patronized. While that might seem like a meager cost. SoBol Franchise for Sale - Acai Bowls Investment from $182,200 . #smoothie #smoothieking #franchising #sobol Smoothie King Franchise VS. Enjoy up to 25 free contacts each month at no cost. Due Date: Payable during the period after the transferee signs the Franchise Agreement through its grand re-opening event, or, if applicable to a relocation, payable prior to and through the grand re-opening event. The cost of a restaurant franchise in India differs, depending on the brand. 3470SoBol — Playa Bowls Franchise vs. With nearly 7,000 smoothie restaurants inside the country, it’s a relatively. SoBol Franchise for Sale - Acai Bowls Investment from $182,200 . Total startup costs: $501,700–$950,200. The Domino's franchise is one of the largest pizza franchises known for great pizza and fostering an inclusive workplace. Pretzelmaker - Pretzels Franchise. Merry Maids. Check the List. - In currency of the United Kingdom, the investment comes around £189,100 to £606,100. Growing healthy food company is empowering female franchisees. Although a Whole Foods franchise seems appealing, the global smoothies market size is $12. SoBol: Not Just a Summer Franchise. Baskin-Robbins franchise fees for 2023: Initial Franchise Fee $12,500 - $25,000 Initial Investment $90,985 - $625,185 Net Worth Requirement $250,000 Cash Requirement $125,000 Veteran Incentives First-store franchise fee waived; 20% off franchise fee for up to four additional stores Royalty Fee 5. Cash Requirement $750,000. This includes $15,000 that must be paid to the Franchisor or FranchisorÕs affiliate for the initial franchise fee. As you know from our business report, we are looking to open up a SoBol franchise in the city of Boston. Merry Maids. Filters. The growing Long Island-based acai bowl and smoothie café is making quite an impact in the Florida market Boca Raton, FL – Nothing could stop the opening of the Boca Raton SoBol franchise—even the COVID-19 pandemic. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka Kitchen, Tru Bowl Superfood Bar,. This. Our support and training will. This includes $34,000 to $37,000 that. The number one franchise, Taco Bell, has been in business since 1964 and has 7,900 locations as of 2022, spanning beyond the U. SoBol - Acai Bowls Franchise. According to the Vitality Bowls website: Startup Costs Range: $170,000–$604,000; Franchise Fee: $39,500; Net Worth Requirement: $350,000; Liquid Assets: $100,000; Royalty Fee. This strong growth means the time is right for investments. And as the demand for healthy, on-the-go food only continues to increase, we’re eager to continue leading the pack. Item 19: Yes. 3: Franchise application process. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka Kitchen, Tru. Initial Investment:. 1,378. Of course, you can go through all these steps, or enjoy franchise business ownership with an effective all day breakfast restaurant—SoBol. State voucher program/assistance. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar, Stevi B's Pizza Buffet, Shaka Kitchen, Tru. Throughout the country, the smoothie industry is a $5. INVESTMENT RANGE $362 - 979K. We provide estimated franchise costs for some countries: - In the United States, the total investment to start the Smoothie King juicy bar is around $269,550 to $845,985. Just like these businesses, seasonal franchises are designed to operate during a particular period of time and may be appealing to entrepreneurs who are looking for a lower-cost, lower-risk way to get into franchising, as they often require. The 44th annual Entrepreneur Franchise 500 is a highly sought-after honor in the franchise industry. Founded in 2014, SoBol is a provider of holistic alternative food retailer. The company was founded by Jason Mazzarone in Southern California in 2013. Experts estimate the start-up for a juice bar ranges from $25,000 to $400,000 depending on location, construction costs, lease, etc. read more. comOne store costs in the region of R5. 0 i<N/, and define N direction. Finally, we will compare SoBol to five other similar franchises within the same investment range. ADVERTISING FEE 3%. Royalty Fee 5. $0 - $3,800. -owned: 22/2Total startup costs: $501,700–$950,200. SoBol is listed in the Franchise Directory under the Food category and the Food category. Fully editable Excel financial plan template with pre-built 5-year financial projections specifically designed for SoBol franchises. ROYALTY 4%. Compare 900+ franchises. The royalty fee for Wingstop is also quite on the higher end at 6%. These successful food franchise opportunities range from full-service restaurants to specialty stores to grab-and-go establishments. Send request. 63 Fully Operational Locations 8 States Represented Nationwide $594 Thousand in average store revenue 10 Restaurant support team members GET. Owners Joe and Brock had bigger dreams fulfilled when they had the opportunity to open their first Oola Bowls stand at the oldest market in the United States, Lancaster Central Market. All of them are managed and run directly by the main corporation. At SoBol, we do all this and more. Average Number of Employees: 8-12 on staff, 2-5 in the store at any given time. Prospects are asked to have $150,000 in liquid assets, strong credit be prepared for the total investment to cost $125,000 - $225,000. With minimal inventory and no traditional storefront setup costs, our franchisee model revolves around a home-based business that fits your needsStartup cost: $9K - $349K Total franchises/co. If you don't have a location yet, you'll want to. At SoBol, for example, we are an acai bowl and smoothie café franchise. No. Can afford the costs which are -$225,000-250,000 in liquid assets along with our $30,000 franchise fee, and capital to complete your project. In fact, we estimate that some franchisees can get their gyms up and running for under $150,000. Initial Investment $140,050 - $342,400. Our initial franchising fee is $30,000 per location Our continuing royalty fee is 5% of net sales with a brand development fee of 1% of net sales WHAT ARE THE FINANCIAL REQUIREMENTS TO OPEN A SOBOL FRANCHISE? We require owners and partners to have a minimum liquidity of $200,000 per location to be developed The initial investment is between $246,800 and $456,600. Note that Supercuts is a rather affordable franchise, indeed this amount is on the lower end compared to other salon franchises ($450,000 on average as per our own benchmarks). How much does Sweetberry Bowls franchise cost? Sweetberry Bowls has the franchise fee of up to $35,000, with total initial investment range of $122,000 to $290,000. 480 Forest Ave, Staten Island, Staten Island – Forest Ave, New York 10310Quick Links. Average Number of Employees: 8-12 on staff, 2-5 in the store at any given time. SoBol’s Post SoBol 662 followers 4y Report this post Report Report. Franchise Brands. You'll have an initial training program that explains everything you need to know about the franchise and succeed. Comic Book Café, SoBol, Ameci Pizza & Pasta, Rachel's Kitchen, RAKKAN Ramen, Daiichi Ramen, Qwench juice bar. After watching her father build his own demolition company from the ground up, she knew that. What does a McDonald's Franchise Cost? McDonald's franchise fees for 2023: McDonald's has the franchise fee of up to $45,000, with total initial investment range of $464,500 to $2,306,500. Todd, his wife, and 2-year-old child live near Yardley, and decided to enlist with the SoBol franchise as a great investment opportunity. Subway franchise fees for 2023: Initial Franchise Fee $15,000. SoBol for Breakfast. 3. You can expect an initial investment that ranges between $118,000 - $422,000, which includes a franchise fee of $20,000. Cash Requirement $30,000 - $90,000. SoBol is listed in the Franchise Directory under the Food category. Initial Franchise Fee: $25,000; Total Investment: $187,200 to $390,000; Working Capital: $37,300 to $60,900; Royalty Fee: 5. of U. Determining the Smoothie King profit potential can be complicated and depends on the latest numbers in the Franchise.