The Juice and Smoothie Bar industry has come a long way and it is still evolving with loads of smoothie drink makers bringing in creativity in terms of flavors and packaging into the industry.Smoothie drinks have been around for many years, but they are becoming more popular in recent times due to the health benefits that come with it.Tags: Natalie Dessay OperaList Of Ap World History Essay QuestionsAvoiding To Be Verbs In EssaysSteps In Problem Solving In MathPublic Transport Business PlanBusiness Law Research PaperAbstract On Research PaperHow To Problem Solve At Work
With this kind of business, if you want to start on a small scale, you can choose to start servicing a school around you or even the whole of your local community.
All you would need are contacts, packaging, networking and good marketing and customer service skills.
Please note that this amount includes the salaries of all the staff for the first 3 months of operation and it applies for a juice bar business with the capacity to opening more outlets in other location.
Starting a small scale but standard juice bar business in the United States of America will cost about five thousand Dollars to twenty thousand Dollars ($5,000 to $20,000).
Starting a small scale but standard juice bar business in Canada will cost about five thousand Dollars to one twenty thousand Dollars ($5,000CAD to $20,000CAD).
When it comes to starting a standard and large scale juice bar business with several outlets in key cities in Canada, a juice bar business with the intention of selling franchise, then you should look towards budgeting well over two million Dollars ( million CAD).
Managing or operating a juice bar chain or franchise attracts additional impediments like incentive alliance, bureaucracies, growth strategy, and operational guidelines.
It is important to note that fresh fruit cost is one of the most important factors contributing to the overall cost of a juice bar business and should be considered as a major factor when carrying out your costing and economic analysis.
When conducting costing and economic analysis for your juice bar business, you just have to critically examine these key factors; place, product, pricing and promotion.
As a matter of fact, you would have to continue to review these key factors at regular interval while running your juice bar business.