- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$108K - $260K
- Units as of 2021
-
16 220.0% over 3 years
Company Overview
About Kwench Juice Cafe
| Industry | Food |
|---|---|
| Related Categories | Smoothies/Juices, Fruit |
| Founded | 2015 |
| Leadership | Chris gregoris, President |
| Corporate Address |
100 Cambridge St., 14th Fl. Boston, MA 02114 |
Business Overview
| Franchising Since | 2015 (9 years) |
|---|---|
| # of employees at HQ | 4 |
| Where seeking |
This company is offering new franchises in the following US states: Arizona, Colorado, District of Columbia, Delaware, Florida, Georgia, Indiana, Louisiana, Massachusetts, Maine, Missouri, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Vermont |
| # of Units | 16 (as of 2021) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Kwench Juice Cafe 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
|
$29,500 |
|---|---|
|
Initial Investment
|
$108,000 - $260,000 |
|
Net Worth Requirement
|
$250,000 - $400,000 |
|
Cash Requirement
|
$75,000 - $125,000 |
|
Veteran Incentives
|
20% off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
to 2% |
|
Term of Agreement
|
10 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.
| In-House Financing | Kwench Juice Cafe offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | Kwench Juice Cafe has relationships with third-party sources which offer financing to cover the following: startup costs, inventory, accounts receivable, payroll |
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 | 56 hours |
|---|---|
| Classroom Training | 28 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
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 | 8 |
|
Are exclusive territories available?
|
Yes |
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