Nekter Juice Bar
Juices, smoothies, acai bowls, non-dairy ice cream
- 2023 Franchise 500 Rank
-
#335 Ranked #186 last year
- Initial investment
-
$216K - $622K
- Units as of 2022
-
186 28.3% over 3 years
Steve and Alexis Schulze created Nekter Juice Bar in 2010 in pursuit of spreading a healthy lifestyle. This lifestyle includes selling juices, smoothies, acai bowls, and non-dairy ice cream. They found homemade cold-pressed juices fresh and better-tasting. Steve and Alexis saw that people were becoming more health-conscious and that restaurants were also offering healthy alternatives. This encouraged them to set up shop and, two years after its inception, begin awarding franchises. There are now over 150 franchises all throughout the United States.
Why You May Want to Start a Nekter Juice Bar Franchise
An ideal franchisee is likely outgoing, friendly, and community-oriented. They should also be passionate about health as a lifestyle. It may be smart for franchisees to possess business and management skills and be capable of running multiple juice bar franchises.
The Nekter Juice Bar business concept is predicated on franchisee-run locations. The business may be fairly easy to operate, with potentially minimal storage needs. Typically, franchisees receive fresh deliveries more than a few times per week.
As a franchisee, you will most likely be provided with franchise support.
What Might Make a Nekter Juice Bar Franchise a Good Choice?
Nekter Juice Bar may stand out from other juice bar franchises because they are more than a juice bar franchise: they are a lifestyle brand. Customers seemingly love Nekter Juice Bar for their authentic and fresh products. Customers can also use Nekter Juice Bar's menu to help them meet their lifestyle and health goals. This might be a good point to advertise to help bring in potential customers.
How To Open a Nekter Juice Bar Franchise
To be part of the Nekter Juice Bar team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Nekter Juice Bar has partnered with third-party financial lenders that may help you cover the franchise fee, startup cost, equipment, inventory, accounts receivable, and payroll.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Analyze your local market to see if it is oversaturated with juice bar franchises. Too much competition could hinder growth.
After sending for more information and undergoing an initial screening, you'll most likely review the Franchise Disclosure Document to learn more about the brand and the opportunity. You will also go through the peer review stage, interacting with other franchisees.
At a discovery day event at Nekter Juice Bar headquarters in Costa Mesa, California, you will meet the founders, team members, and other franchisees. After this, the franchisor may award a franchise to you. You may then squeeze this opportunity and serve up authentic and healthy products in your juice bar franchises.
Company Overview
About Nekter Juice Bar
Business Overview
- Franchising Since
- 2012 (2023-2012 years)
- # of employees at HQ
- 45
- Where seeking
-
This company is offering new franchisees throughout the US.
- # of Units
- 186 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Nekter Juice Bar 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
- $35,000
- Initial Investment
- $216,000 - $622,100
- Net Worth Requirement
- $350,000
- Cash Requirement
- $125,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 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.
- Third Party Financing
- Nekter Juice Bar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, 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
- 80 hours
- Classroom Training
- 17 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty 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
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Nekter Juice Bar? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Nekter Juice Bar landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Nekter Juice Bar ranked on other franchise lists? Find out below.
Ranked #335 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #148 in 2023
Meet the companies that are leveraging their ability to scale fast across the U.S. and Canada in Entrepreneur's annual fastest-growing franchises ranking.
Ranked #3 in Smoothies/Juices in 2022
Our annual list of the top restaurant and other food franchises, divided up by category, is the perfect place to start if you’re craving a food-based business opportunity.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Nekter Juice Bar.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
How to Harness the Power and Money of a Crowd Through Crowdfunding
You don't have to be rich, succumb to ever-growing interest rates, run the risk of your bank collapsing or use your house as collateral to build a franchise. All you have to do is find the right crowd.
Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen
Jamie West was just 12 years old when she ran away from the foster care system.
Franchise Ownership Made Easy: Best Practices for Managing and Growing Your Business
Using these tips, you can maximize the benefits of franchise ownership and take your business to the next level.
Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom
The case marks one of the largest slip-and-fall verdicts in Florida's history.
6 Things to Consider When Getting Out of a Franchise Agreement
Want to get out of your franchise agreement? Here are six things to consider
7 Essential Questions to Ask Yourself Before Starting a Franchise
Starting a franchise requires a hard look in the mirror to decide if you really have the makeup to become an entrepreneur. Start by reflecting on yourself and your goals with these questions.
