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Froots

Smoothies, wraps, salads, soups, juices

Background

Founded: 2001 Franchising since: 2004
4380 Oakes Rd., #800
Davie, Florida 33314
Phone:
(877)376-6871/ (954)791-4793


Franchisor is a privately-held company with 6 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 48 0 4 0
2008 30 0 2 0
2007 23 0 1 1
2006 8 0 0 2
2005 5 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: 30,000 population

Costs and Fees

Total investment: $77.4K-278.5K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • 50% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 9
  • Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 16 hours
  • At franchisee's location: 1 week
  • At Froots corporate store : 40 hours

Ongoing Support
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#451 (2009);


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