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Booster Juice

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by

Reeman Zia

on 21 March 2015

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Transcript of Booster Juice

competition
Jugo Juice, also an Alberta based company, is Booster Juice's biggest competition.
growth
The Booster Juice franchise in Canada has been growing since it was first founded. The company quickly expanded to the United States, Europe, and the Middle East.

For their rapid success, Booster Juice has received many awards, some of which include being inducted to the EY Entrepreneur Of The Year Global Hall of Fame in May of 2014, the Canadian Franchise Association Hall of Fame in April 2014, and being recognized as the EY Prairies Entrepreneur of the Year in 2013 among others.
lawsuits
Booster Juice has had a few minor lawsuits files against it. No major lawsuits that could affect the company.

FOUNDER
He opened the first Booster Juice location in Sherwood Park, Alberta in November 1999.
Booster Juice was founded by Dale Wishwan in Waskatenau, Alberta.
By: Reeman Zia
Both Booster Juice and Jugo Juice have very similar items:
protein boosts, energy boosts, fiber boosts etc.
breakfast items
freshly squeezed juices
wheat grass options
VS.
FEES
buying the franchise
BIBLIOGRaphy
http://www.franchoice.com/franchise/booster_juice/fdd/item_3
http://boosterjuice.com/about-us/our-history
http://www.canadianbusiness.com/business-strategy/smoothie-chain-booster-juice-finds-expanding-globally-is-not-always-smooth/
http://franchises.about.com/od/icecreamsmoothi1/fr/boosterjuice.htm
Franchise Fee : $20,000
Total Estimated Initial Investment : $234,500 - $264,500
Royalty Fee : 6% of gross sales
Minimum Financial Requirements
Net Worth : $350,000
Liquid Assets : $100,000

Turnkey Cost : $214,500 - $244,500
I would not leave a well paid job to buy this franchise because I do not think I belong in the business world, it is not in my interest. Although, I do think this franchise would be a very good investment for anyone because there aren't many competing brands of smoothies in Canada and it has proven to be a growing business over the years.
Full transcript