If you’re contemplating the idea of investing in a franchise brand, it’s crucial to weigh the benefits and drawbacks before making the decision. The health and wellness industry is booming, and with it, the demand for nutritious, convenient options like smoothies. But is a smoothie franchise the right investment for you?
Before reaching out to specific franchise brands, there are two things you’ll need to think about:
Once you’ve completed your assessment, you can start to curate the list of brands you may want to franchise with. Before making any decisions regarding an area development agreement or even a single unit, you’ll want to carefully review each brand’s franchise disclosure document (FDD). It’s recommended you also have a franchise lawyer go over the FDD so you fully understand your obligations as a franchisee.
While researching how to start a smoothie business, you’ll likely come across both pros and cons. Below, we’ve listed some of the top things to consider:
Pros of starting a smoothie shop:
Cons of starting a smoothie shop:
When comparing smoothies to other beverage options like coffee or energy drinks, consider the broader appeal and daily consumption habits. Coffee, for example, has a more established market with a consistent year-round demand.
If, after careful consideration, you decide a smoothie franchise isn’t the right investment for you, there are alternatives. One option is to explore franchises that offer more than just one type of product, providing diversification within the same business. This could include a broader range of health-focused foods and beverages, thereby expanding your target market and potential revenue streams.
Brands like Scooter’s Coffee offer the benefit of serving multiple beverage products and food items. With a varied menu, our brand is able to appeal to more customers – even those who don’t love coffee. All of our locations serve iced and hot lattes, Quenchers, SCOOOT! EnergyTM Infusion drinks, lemonade, hot and iced teas, blenders, and even smoothies.
If you’re leaning towards a business with a strong brand presence, consider exploring opportunities with Scooter’s Coffee. By partnering with our brand, you’ll benefit from a proven business model, comprehensive support, and a strong network of franchisees who can also provide advice or guidance.
We have territories available for investment across the country. New franchisees can sign a single or multi-unit franchise deal, whichever they’re more comfortable with. However, we do think that once you start with one Scooter’s Coffee location – you’ll want to open more.
Interested franchise candidates should have a net worth of $500,000 and at least $250,000 in liquid assets.
Ready to get started? Request franchise information today and one of our brand representatives will be in touch with you soon.