Juice and Smoothie Bar Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Juice and Smoothie Bar Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Juice and Smoothie Bar business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be available for download after your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
Juice and smoothie bars have always been popular businesses given that they provide a suite and healthy snack and beverage to its customer base. These businesses are especially popular in major metropolitan areas where beverages can be priced higher to accommodate a very high rental expense. In fact, most juice and smoothie bars within the United States are located within major metropolitan areas. The barriers to entry for a new juice bar are somewhat low given that the amount of tangible equipment necessary to develop these operations is somewhat minimal. Usually, the startup costs for a new juice and smoothie bar range anywhere from $100,000-$250,000 depending on the location and equipment purchased. The gross margins from sales of food and beverages is also extremely high. For due sales, gross margins are generally in the 80 to 85% range all food products usually carry a gross margin of 75%.
One of the primary drawbacks these businesses are that their operating costs are usually very high. Most financial institutions are generally willing to provide small business loans to these companies given that they are retail businesses that can very quickly reach profitability. If an entrepreneur is looking to raise capital to start a juice bar, then a full business plan needs to be developed. This business plan should include a three-year profit and loss statement, cash analysis, balance sheet, breakeven analysis, and business ratios page so that a potential funding source can understand whether or not the juice bar will be able to meet its underlying monthly debt service as well as other financial obligations. Within the business plan, a full market analysis showcasing the population density, median household income, competitors, and other issues pertaining to the local market should also be thoroughly examined and discussed.
Beyond the marketing plan ASWOT analysis should also be developed. This will allow the entrepreneur to determine whether or not there juice bar will be economically viable within a specific market. This document showcases the strengths, weaknesses, opportunities, and threats that are commonly associated with owning and operating a juice and smoothie bar. For strengths, these businesses are able to generate high gross margins from their services. As it relates to weaknesses, these companies are subject to negative changes in the economy. During times of economic recession, a juice bar will usually see a decline in their revenues given that people are going to spend less money on discretionary purchases. For opportunities, a owner of one of these businesses usually looks to establish additional locations in order to boost their revenues. Additionally, many owners will look to develop ongoing purchase order relationships with hotels, restaurants, as well as other hospitality businesses and place orders with the business on an ongoing basis. For threats, outside of any economic issue – there are really no threats that impact the way that a juice and smoothie bar will conduct its business operations.
It should be noted that marketing is of the special importance to any retail food and beverage business. Most juice bar entrepreneurs focus substantially in developing a strong reputation online through social media including sites like FaceBook and Twitter. These businesses thrive when they have received a substantial number of good reviews, and as such, it is important for an entrepreneur to understand how to reach the local market via online marketing messages. The demand for juice and smoothie bars will always remain strong in most economic climates.