File Name: smoothie and juice bar business plan .zip
How would you like to open a juice bar business? That just sounds interesting and really promising if you ask me. Whether you are planning to startup a juice bar business or already have an existing business and want to include juice bar services in it, then you need a juice bar business plan to make that possible.
- How to Open a Juice Bar in 11 Steps
- How to start a juice bar business
- 10+ Juice Bar Business Plan Examples – PDF, Word
- Juice Bar Business Plan Sample Template
The juice smoothie craze began to take hold in the health-conscious s and s, when healthy foods restaurants sprouted up in response to increased demand from consumers for natural, organic or vegetarian menu items. Today, juice and smoothie bars have become mainstream options for health-conscious consumers willing to sip berry-lime smoothies or beet-carrot juice for breakfast, lunch or a post-workout snack.
Meaghan has provided content and guidance for indie retailers as the editor for a number of retail publications and a speaker at trade shows. This article is part of a larger series on Starting a Business. Successful juice bars require hard work, creativity, and a passion for fresh foods.
How to Open a Juice Bar in 11 Steps
Yep, to be healthy is on-trend all year round. What could be healthier than a glass of freshly squeezed juice? Another edge is that despite reasonable startup investments, competition is quite low too. The big plus is that you can gradually enter additional positions and expand your range to increase profits.
Time to retool your business with a cost-effective POS solution. In general, there are two types of juice bar locations: the small cafe type permanent and the street food type mobile. Anyway, a juice bar is a small place and the concept implies a wide range of drinks and a couple food items, so both these types are pretty similar. When there are cakes, chocolate, coffee, a juice bar turns into a slightly different type of business.
A mobile truck is the perfect business idea for summer. The main thing is that it is supplied with electricity for the juicers and refrigerators. That type is definitely seasonal unless you are based in a hot country where warm weather is the regular thing.
How to start a juice bar? Every foodservice location needs a business plan and a good strategy, especially if you are going to open a juice bar using investor funds or a loan. It is quite possible to create a business plan for a juice bar yourself. For juice bar cart sales, location means everything!
As mentioned previously, a juice bar fits two location types: permanent and mobile. In the first case, there is no need to purchase a cart and deal with unexpected rain. Together with every restaurant, bar, and cafe, a juice bar needs to be located in a crowded place with high foot traffic. First, you need to start by defining your target audience. To develop your brand and recognition you could take part in local exhibitions, food and music festivals, sports events, and fairs.
Sharing a target audience you will lose customers and income, and one of the two businesses will fail one way or another. If you are ready to fight for your place in the sun by providing high-quality products and service, you should give this location a try! But if this is your first business, then it's better not to take chances; instead, open a juice bar in an area with low competition.
A juice bar menu depends, in the first place, on the concept. The base stays the same fresh juice and smoothies while the unique part depends on you and your imagination.
To expand the range, you can add milkshakes, tea, coffee, fresh lemonade, new mixes and unique combinations. The introduction of any of these positions will entail additional investments: equipment, staff training, storage and product supply.
It is better to start with the base to recoup the investment, and then expand gradually in a specific direction. For example, vegetable salads and fruit desserts are good options for business centers, while pastries, ice cream, and frozen yogurt are more suitable for mobile trucks and kiosks. You need to think through the menu before developing the business plan.
Incidentally, not doing this is one of the commonest mistakes restaurant owners make. First of all the menu affects the list of equipment, suppliers, and staff.
For example, some vegetables must be thoroughly washed and peeled, which can be hard to do in tight space in a shopping mall. Alternatively, you can order ready-peeled vegetables from alternative suppliers. Probably the largest share of your startup expenses will account for basic equipment. Compared with a large restaurant, in our case everything is pretty clear: you need at least two people.
Usually, fresh juice bar working hours will coincide with shopping mall or business center working hours this depends on exactly where your juice bar is located. Nevertheless, hiring staff is as responsible a task as the choice of equipment. No matter how amazing the bar location is, if employees are slow and surly, no one will come back to you ever again.
As a rule, the juice bar target audience consists of people following a healthy lifestyle. They often come with kids and as you know, younger customers must be approached with delicacy. When hiring staff, there is no need to look for special skills. Juice bar equipment is not the hardest thing to use, so it should be enough to explain once or twice to a new employee how things work. A person should be able to learn fast and start working as soon as possible.
In most cases, people buy fresh juice spontaneously instead of planning in advance as happens with booking a table in a restaurant ; this makes it difficult to implement a complex marketing strategy.
But there are a few things you can still do:. But remember, all costs will be individual to each case. Point of sale hardware iPad or Android tablet, credit card reader, printer, cash drawer.
You might consider the cost of opening a juice bar to be comparatively low. Therefore, it's a good idea to have up to thirty percent more money to cover them. The income from beverage sales should be at least double the cost of the ingredients. Otherwise, you won't be able to achieve profits and get your investments back as soon as you wanted. Sure, this is a big gap between cost and final price. But this always depends on ingredients and extras like chia seeds, proteins, etc.
For example, a 16 oz. Taking into account salaries and rent, a juice bar will usually pay off in about 6—12 months depending on location, price range, assortment and a lot of other individual features. That's why many entrepreneurs add extra items to the menu: tea, coffee, ice cream, fruit desserts, etc. Learn why 50, businesses love Poster POS.
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How to start a juice bar business
Smoothie Bar. An introduction for anyone looking to add a smoothie bar as a profit center or operate as a stand-alone location. BUSINESS. PLAN.
10+ Juice Bar Business Plan Examples – PDF, Word
Diabetes and high cholesterol rates are falling every year. People are even cutting down on cigarettes! In , the Centers for Disease Control and Prevention recorded 1. By , it dropped to 1. Juice bars first started in the s as people began focusing on the long term effects of fast food on their bodies.
Starting a juice bar business can be a nice decision and a profitable venture to consider. The juice bar business started in the 90s and the business is already striving in different parts of the world. The only task for you is to decide on the type of juice you want to sell to your customers.
Do you want to start a juice bar business? Well, this is one of those businesses that generate huge profits despite requiring little investment group for the business plan and very few employees. One can easily set up and run their juice bar business even by hiring two to three people. Well, if you are entering this venture you might probably want to learn a stepwise approach on how to open a juice bar.
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Juice Bar Business Plan Sample Template
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