Could a juice bar be your path to small business success in 2014? Healthy, vitamin-packed “Super Foods” like vegetables and fruits will be one of the hottest food trends for 2014, according to top restaurant experts and food gurus, so opening a juice bar could be a very wise decision! Juice bars remain one of the more affordable small businesses to operate, but there are still significant start-up expenses to consider. Total costs vary widely, with estimated start-up expenses ranging from $59,000 to over $500,000, depending on location and other factors. The following guide will give you a better idea of the specific juice bar start-up costs you will face:
Franchise fees for juice bars are some of the lowest in the food service industry, with the majority of prominent companies charging as little as $25, 000 in initial franchise fees. However, these companies also require franchisees to have a minimum net worth of $50,000 to $250,000 as well as a substantial amount of liquid capital on hand. If you choose to open an independent juice bar, you can avoid some of these requirements, although you always need to have a prudent capital reserve on hand.
The cost of your juice bar location will depend on the current real estate market conditions in your area and the size of your juice bar. If you have a limited budget, consider renting a small area in a gym or health club; your juice bar can then be operated from a freestanding kiosk you purchase or lease, for a much lower total price than you would pay for a storefront.
Juice Bar Equipment Costs
- Commercial, High Volume Juicers (a high-volume juice bar will require several juicers to keep customer lines moving quickly): $800 to $3000
- Commercial Blender with Sound-Reduction Hood: $800 to $1,000
- Refrigerator: Undercounter: $1300 – $3500 or Reach-in: $1700 – $6000
- Refrigerated Prep Counter: $3000 -$4500
- Ice Maker $1800 – $3000
- Undercounter Dish Washer: $2000 to $3000
Additional Juice Bar Start-up Expenses
- Juice Bar POS
- Prep Equipment: Peelers, cutlery, cutting boards, portion scales, and measuring cups
- Consumables: Cups, lids, napkins, carriers, etc.
- Initial Food Stock
- Insurance, permits, and fees
- Deposits (for utilities, etc.)
- Advertising and Marketing
Start-up costs add up quickly once you begin answering the question, “How Much Does it Cost to Open a Juice Bar,” but Calypso is here to help! Calypso has the most affordable Juice Bar POS system on the market, available for just a low initial investment. Credit, debit, and gift card processing is built-in, so there is no additional processing equipment to buy. Calypso operates without Windows, so you never have to worry about viruses, glitches, or crashes costing you valuable business.
Calypso’s POS for juice bars features simple, department-driven menu screens that are easy to learn and use, and a single screen order-to-pay solution so you can quickly check out customers and keep the line moving with no delays. Time management and payroll features are included, so you can avoid the expense of overtime wages. Since marketing is an essential component of a profitable juice bar, Calypso’s juice bar POS software seamlessly integrates with SunDrop mobile so you can use mobile marketing to grow a loyal, motivated following! Contact Calypso today at 800-771-7100 to discover more ways Calypso can make your juice bar dreams an affordable reality!