The first step is to gather all the information you can about smoothie franchises. Search for a few smoothie franchises in your area and visit their locations, hang out, and drink a smoothie. This will help you get a feel for the overall concept of the smoothie franchise.
Try to visit at least three different smoothie franchise locations and speak with the owners. Interview them as if you were a student trying to do a school project on smoothie franchising (even older adults can pass as evening college students).
Some questions to ask current smoothie franchise owners:
1. Ask how their profits are?
2. Are they happy with the franchise they chose?
3. What is the most difficult part of their job?
4. What was their first step in opening their shop?
The answers to these questions will give you an unbiased view of exactly what it takes to open a smoothie and the store visits will give you a feel for which smoothie franchises you like and might like to own.
The next step would be to request information from the smoothie franchise you are interested in to discover what their particular start up costs are and initial investment requirements (total investment can be $90,000 – $150,000 depending on the franchise and type of store).
All smoothie franchises require various capital investment amounts and have varying degrees of support. Analyzing all the information you can will give you a better idea of which smoothie franchise is best suited to fit your needs.
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