- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$88K - $317K
- Units as of 2014
-
26
Company Overview
About Froots
- Industry
- Food
- Related Categories
- Smoothies/Juices
- Founded
- 2001
- Leadership
- David Lopez, CEO
- Corporate Address
-
4380 Oakes Rd., #800
Davie, FL 33314
Business Overview
- Franchising Since
- 2004(19 years)
- # of employees at HQ
- 6
- Where seeking
-
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
- # of Units
- 26(as of 2014)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Froots franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $20,000
- Initial Investment
- $87,600 - $316,750
- Net Worth Requirement
- $200,000
- Cash Requirement
- $100,000
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Froots has relationships with third-party sources which offer financing to cover the following: startup costs, equipment
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 1 week
- Classroom Training
- 16 hours
- Ongoing Support
-
Purchasing Co-opsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational Media
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 9
- Are exclusive territories available?
- No
Interested in ownership opportunities like Froots? Request a free consultation with a Franchise Advisor now.
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