Is Juice Lounge Bar a profitable franchise?
Beverages are something that are always in demand hence making it a great option to start a business out of it.Where there is demand, there is supply and hence money. No matter how many cafe of drink stalls mushroom in India the industry will not saturate.
Therefore losing business in such a ripe marketing not going to happen. Since people these days are very health conscious and always looking for healthy foods and drinks, a juice bar is all that is required to lure them to make money. They can benefit from quality drinks whereas you can make a lot of money. It gives you a chance to serve them best and make money at the same time. So one thing is for sure that both the sides are benefiting in this deal.
About Juice Lounge juice bar franchise
Juice Lounge Juice Bar was initially started in the year 2005 and is the first juice bar franchise chain of India. Their brilliant performance in the marked inspired a lot of entrepreneurs to venture in the business and extend the business. The franchise is now growing at an international level, making itself recognized in different countries of the world. Juice Lounge Bar also has franchises in Qatar and Maldives. The franchises is spread in India in more than 40 cities in various malls, railway stations, airports and high streets. In case you own any such location the this is the best franchise option for you.
Juice Lounge Bar Cost and Investment
In order to start the Lounge Juice Bar franchise unit in India the initial investment required is near to 8 - 9 lakhs. This is valid only of you are selling juices and mix sandwiches in a wooden kiosk, including the cost required to set up structure and equipment. If you want to install an outdoor kiosk, completely waterproof with aluminum composite panel then you require an additional installment of 11 lakhs. The rest of the investment depends upon the area. It you want to open the juice bar in a mall then you require 7 to 10 lakhs for a 300 square feet area. If you want an area as large as 1000 square feet then the cost might rise up to 15 lakhs. The detailed reference model will be provided to you once you have signed the Franchisee Inquiry Form.
Aspirants don’t have to pay any franchise fees for Juice Lounge Juice Bar though a set-up fee is charged regardless of the location you have selected and excluding the cost of the business model that is Rs. 3 Lakhs per unit. It is a 5 year contract and can be renewed if the franchisee wishes to do so. Royalty fees is also applicable which is 7% of the Gross Turnover and with 2% of Gross Turnover for group advertising and promotion that can be paid on a monthly basis.
Training and support
Juice Lounge juice bar franchise provides all its franchisees with the best support system to flourish and expand their business. They assist all aspirants in site selection and store fittings, location research that includes footfall survey and financial projections, complete reference manual, complete entitlement to the use of the brand's logo and trademarks, access to proven marketing techniques, training and support while starting out in the market along with help in providing industry leading equipment. In case the franchisee needs other help regarding the franchise he can refer to Juice Lounge Bar franchise Support Chart.
In order to apply for Juice Lounge franchise the only option is to go through the specific form. Application form for Juice Lounge bar franchise is available on the official website from where you can download it:www.juiceloungejuicebar.com/franchisee-enquiry-form.html.You can also get officials to answer your queries via email. Email of Juice Bar franchise is juiceloungejuicebar.com.