Orange Julius of America
At a Glance
Products & Services: Fast food
Number of Locations:
Total Investment: $194.2K - 380.6K
Founded: 1926
Began Franchising: 1948
Private Owned
About Orange Julius of America
When Julius Freed opened his first orange juice stand in 1926, he was doing well, but his real estate broker, Bill Hamlin, felt he could do better. Using his chemistry background, Hamlin devised a formula to give the juice a smooth, creamy and airy texture. Once the new drink was unveiled, sales at the stand grew from $20 to $100 a day. As more and more customers began to say, "Give me an orange, Julius," the new product got its name.Hamlin quit his job in real estate and focused on opening Orange Julius stores across the United States. Within three years he had opened 100 stores and the profits for the system, whose only product was a 10-cent drink, approached $3 million. Other drink flavors were added to a menu that now includes nachos, hamburgers and hot dogs.
Orange Julius' parent company, International Dairy Queen, also owns Dairy Queen and Karmelkorn. The three concepts are franchised together at Treat Center stores.
Startup Costs, Ongoing Fees and Financing
Total Investment: $194,200 - $380,600
Franchise Fee: $20,000 - $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years (co-terminus w/lease), renewable
Franchise Fee: $20,000 - $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 15 years (co-terminus w/lease), renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $175,000
Operations
Number of employees needed to run franchised unit: 10 - 20. Absentee ownership of franchise is allowed..How This Franchise Supports Franchisees
Training: Available at headquarters: 1-1/2 weeks. At franchisee's location: Pre- & post-opening. At existing location : 4 days+.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks,
Other marketing support: Local promotions
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