If you’re looking to start your own business, franchising might be the perfect option for you. There are many benefits to taking the franchising route, from having a proven product or service to having established operational processes and brand recognition. One of the top franchises out there is Everbowl—and for all good reasons. This ever-expanding franchise is quickly gaining traction in the health and nutrition space.
But what does it cost to become an Everbowl franchisee? And how much can you expect to make? In this article, we’ll explore what makes Everbowl such a great choice for entrepreneurs, including the cost of a franchise and potential profits. We’ll also look at recent customer reviews as well as any available opportunities with this growing franchise. With all this information under your belt, you’ll be able to make an informed decision on whether joining an Everbowl franchise is right for you.
What is the Everbowl?
If you’re looking to get involved in the booming fast-food franchise market, Everbowl could be the perfect option for you. Everbowl is a low-cost franchise that specialises in healthy bowls—think oatmeal bowls, acai bowls, smoothie bowls, and build-your-own bowls.
Unlike other fast-food franchises, Everbowl places an emphasis on simplicity and sustainability. For example, all of their ingredients—from their signature acai base to their organic granola—are responsibly sourced from sustainable local producers. This focus on health and sustainability makes Everbowl stand out from other options on the market.
Plus, Everbowl’s streamlined ordering process makes them faster than most fast-food chains without sacrificing flavour or quality. That’s because the menu is limited but customizable; customers can choose from a variety of base options and add whatever toppings they like for a unique bowl every time.
Is Everbowl a Franchise Opportunity?
You may be wondering if Everbowl is a good franchise opportunity. The answer is yes—in fact, it’s one of the best opportunities out there for entrepreneurs looking for a great way to invest in the future.
First off, Everbowl franchise costs are quite reasonable. The initial franchise fee is only $20,000, with a total investment range of $99,047-$267,250 depending on the size and location of the franchise. This makes it much more affordable than many other franchises on the market and gives you more bang for your buck.
- Low overhead costs
Apart from that, the overhead costs associated with running a franchise are quite low compared to other franchises. With no expensive equipment to purchase or maintain and minimal labour costs, you can keep your overhead costs low while still providing high-quality food options and services to your customers.
- Reviews are in and customers love it!
Finally, customers absolutely love Everbowl! With a 4+ star rating on Yelp, Google, and Facebook, it’s clear that customers enjoy their experience at Everbowl and would be likely to return again and again. Reviews also mention that employees are friendly, helpful, and knowledgeable, which can help create a great customer experience for everyone who visits your store.
Facts That Nobody Told You About Everbowl
If you’re looking into becoming a franchise owner of Everbowl, there are some important details that you probably didn’t know before. Here are a few facts that can help you make a more informed decision.
- Franchise Fees
It’s no secret that opening a franchise is an expensive endeavour, but the upfront costs for franchisiing an Everbowl might surprise you. The total estimated initial investment for starting a franchise is approximately $99,047-$267,250.
- Financing Options
While the startup costs might seem like a lot, the good news is that there are financing options available to help you get started. Everbowl itself doesn’t offer financing, but they do have relationships with third-party organisations that provide SBA lending and other types of financing assistance to qualified candidates. Plus, there are numerous grants and other funding programmes you can tap into to make achieving your business goals more attainable.
- Growth and Profitability
Owning a business isn’t just about making money; it’s also about providing value to your customers and giving back to the community. It’s reassuring to know that studies have shown that 92% of Everbowl locations are profitable within their first year in business, plus yearly growth has averaged in double digits over recent years—so if you’re considering becoming an franchise owner, now is certainly a great time to do it!
|Everbowl Franchise Review and Information|
|Industry Type||Food franchise opportunities|
|Sub Category||Smoothie & juice franchises|
|Founder/Management Head||Jeff Fenster|
|Employees at Company H.O||–|
|Franchise Expansion Plan||US and all around|
|Number of Units||–|
|Number of Franchise Units||–|
|Social Media Handles|
|Company Office location||Vista|
Everbowl Franchise Requirements
So, you’re thinking about getting an Everbowl franchise, but you’re wondering what the requirements are. We don’t blame you, especially since it’s a big decision. Fortunately for you, becoming an Everbowl franchisee is fairly straightforward. Here’s what you need to know:
- Financial Requirements
To open an Everbowl franchise, potential franchisees must meet certain financial requirements. Here’s a breakdown of the financial requirements:
- Initial Franchise Fee: Up to $20,000 – This fee is paid to the franchisor when signing the franchise agreement.
- Total Initial Investment: Ranges from $99,047 to $267,250 – This includes the franchise fee, leasehold improvements, equipment, signage, initial inventory, and other startup expenses.
- Liquid Capital Requirement: While the specific liquid capital requirement for Everbowl is not readily available, it is common for franchises to require a minimum amount of liquid capital (cash or assets that can be quickly converted into cash) from potential franchisees.
- Net Worth Requirement: Similar to the liquid capital requirement, the net worth requirement for Everbowl is not explicitly stated. However, franchises often require franchisees to have a minimum net worth to ensure they have the financial capacity to support the business.
- Ongoing Royalty Fee: Everbowl charges an ongoing royalty fee, which is a percentage of gross sales, typically paid to the franchisor on a predetermined schedule (e.g., monthly or quarterly). Specific royalty fee percentages for Everbowl are not readily available.
- Advertising Fee: Franchisees may also be required to contribute to an advertising fund, which is used for marketing and promotional efforts.
It’s essential for potential franchisees to review the Franchise Disclosure Document (FDD) of Everbowl and consult with a franchise attorney or advisor for a comprehensive understanding of the financial requirements and obligations associated with owning an Everbowl franchise.
- Approval Process
As part of the approval process for an Everbowl franchisee application, potential owners will need to submit personal and business financial documents, as well as a detailed background check. Once approved by the company’s executive team and their Franchise Selection Panel, a formal offer letter will be issued.
No matter where you are in the process of getting an Everbowl franchise, it’s important to keep in mind that there is always room for negotiation with the franchisor about specific terms and conditions. Doing your research and talking to others who have already gone through this process can help ensure that you get the best deal possible when signing up for an Everbowl franchise.
How much does a Everbowl franchise cost
You may be wondering what the cost of owning a franchise is. The good news is that, compared to most other franchises, the costs for Everbowl are quite low.
- Initial Investment
The total initial investment for an individual franchise ranges from $99,047 to $267,250. This cost includes things like the franchise agreement fee, store equipment and signage, construction expenses, and more.
- Ongoing Fees
In addition to the initial investment, there are ongoing payments and fees associated with owning an Everbowl franchise. These include an ongoing royalty fee of 4% – 8%, advertising fees that range from 1% to 4% of your monthly gross sales, and an additional grand opening fee.
Knowing how much it costs to get started, you can better understand what kind of return on investment you can expect from owning a franchise in the U.S.
|Everbowl Franchise Price and Costs|
|Everbowl Franchise Fee||$20,000|
|Everbowl Franchise Cost||$99,047 to $267,250|
|Term of Agreement||5-10 years|
|Is franchise term renewable?||Yes|
How much do Everbowl franchise owners make?
If you’re considering an Everbowl franchise, you might be wondering about the potential profits. After all, everybody likes to make money—so just how much do franchise owners make?
How much you make depends on a few factors, including the location of your store and how well it performs. But based on reviews of current Everbowl franchisees, here are a few things to keep in mind:
- Low start-up costs
Starting up a franchise is relatively inexpensive compared to other business opportunities. That’s because most of the equipment needed for a successful store is already provided by the home office, so all you need to worry about upfront are signing fees, base rent, and related expenses.
- Expenses in check
The good news is that being a franchise owner doesn’t require hefty overhead costs. Since almost all of your products are provided directly from the home office (as opposed to buying huge quantities from other suppliers), your expenses stay relatively low.
- Potential profits
Of course, everyone’s situation will be different depending on their location and the investments they make in their store. But generally speaking, many current Everbowl owners report that they’ve been able to make and maintain a profit within a year or two of opening up shop.
According to industry standards, getting a return on the franchise investment will take a very long time.
Everbowl Training to Franchises
Are you looking for an opportunity with a nationally recognised brand? Well, if you have a passion for health and wellness and nutritious, affordable food, then owning an Everbowl franchise might be the right fit for you.
Everbowl provides extensive training on how to become an Everbowl franchisee. This includes everything from store operations and development to learning the ins and outs of marketing, finance, and more. The company also offers ongoing support post-training—you’ll always have access to the corporate team to answer any questions you might have and provide guidance as your business grows.
As part of your training, you’ll get:
- Instruction in store operations and customer service
- Comprehensive training in daily routines like opening and closing procedures, food preparation standards, order taking, and more
- Access to Everbowl’s comprehensive customer relationship management (CRM) system
- Support marketing initiatives, including website design, social media campaigns, and email newsletters.
- Training on financial management techniques such as budgeting, forecasting, and accounting
Basically, if you’re thinking of becoming an Everbowl franchisee, then rest assured that you’ll receive all the resources you need to get up to speed fast!
Everbowl Operations to Franchises
Another thing you might not know is that owning an Everbowl franchise offers the potential to become more than just another business—you could be part of a community. Everbowl has a great support system for new and existing owners, designed to help you succeed no matter your experience level. So what makes Everbowl operations so special?
Everbowl has made it possible to open your own franchise with as little as a $20,000 investment. This has a low barrier to entry compared to other franchises and provides potential business owners more accessibility to the industry.
The best thing about owning a franchise of Everbowl is that you are not alone in your journey. Everbowl provides various support systems in order for different owners to see success—from mentorship programmes and ongoing training and development for both employees and store managers to marketing resources and store optimisation assessments based on real-time data from point-of-sale transactions.
With this abundance of resources, existing franchisees can operate with peace of mind, knowing they will be provided the support needed for success. The company also offers ongoing innovation opportunities for existing stores in order to keep up with the ever-changing trends in technology and customer preferences. All these features make owning an Everbow franchise a profitable venture.
How is Everbowl Territory Granted to Franchises
When you become an Everbowl franchise owner, you have the opportunity to select territories based on your sales and marketing plan. Territories are granted on a first-come, first-served basis and are approved by Everbowl’s corporate team.
It is important to emphasise that territories are not exclusive, so there may be other franchise owners operating within the same region. When selecting a territory, there are several factors to consider, such as population size, demographics, location of competition, and potential customer base.
You’ll also need to consider how much space you’ll need for your store and how much space will be available in the territory you’re considering. In addition, Everbowl may require that certain territories include certain amenities, such as kitchen equipment or other necessary supplies.
What is the Franchise Term of Agreement and Renewal?
When you sign up for an Everbowl franchise, you’ll be asked to agree to certain terms of the agreement. This term is usually for a period of 5–10 years and is renewable at the end of the initial term.
The renewal fee is typically much lower than the original franchise fee, giving you an incentive to stick with Everbowl and benefit from your investments. On top of lower renewal fees, you’ll also get access to new resources and programmes that are designed to help your business grow, such as:
- Ongoing support from the franchisor
- Access to exclusive discounts on products and services
- Access to additional locations
- Technical support
- Marketing materials/support
- Specialty product offers and promotions
From start to finish, owning an Everbowl franchise offers plenty of opportunities for growth while letting you retain control of your investment. With favourable terms and a supportive franchisor on board, renewing your franchise could be an excellent way to continue enjoying the rewards that come with running an Everbowl business.
Does Everbowl provide Financial Assistance to Franchises?
You may be wondering if Everbowl is willing to help its franchises financially. The answer is absolutely! While initial investments are required, Everbowl offers different financing incentives to support the growth of its franchises.
The company actively works with franchisees to find and secure financing solutions. They provide a comprehensive review of all financing options available, such as conventional loans and mortgages, Small Business Administration (SBA) loans and other government grants, private equity and venture capital investments, crowd funding platforms, and more.
Everbowl also provides special discounts for multi-unit franchisees who meet certain qualifications. And for veterans of the US military, there are big discounts on the franchise fee.
Additionally, Everbowl has relationships with various vendors who offer a range of support services, from start-up assistance to design services. You can also get free advertising from Everbowl if you meet their requirements for online marketing campaigns and local marketing campaigns, so there’s even more financial assistance available to help you get your business up and running.
Pros & Cons of owning a Everbowl Franchise
Whether you’re thinking about investing in an Everbowl franchise or just curious about what the benefits and drawbacks are, it’s important for you to understand the pros and cons of owning an Everbowl franchise.
Pros of Owning an Everbowl Franchise
When it comes to owning an Everbowl franchise, there are some great benefits to consider. Among them are:
- an established brand with proven customer loyalty
- Access to EverBowl’s high-quality ingredients that make their food stand out from competitors
- comprehensive training and support to help you get started quickly and effectively.
- A competitive compensation package that rewards your efforts
Cons of Owning an Everbowl Franchise
On the flip side, there are some downsides as well. They include:
- Initial startup costs (although they offer financing options)
- Potential delays in development due to permitting or other issues with local regulations
- Rules and regulations that you’ll need to follow in order to be successful
- Long hours as an owner/operator can be expected as well.
What is Everbowl franchise reviews
If you’re thinking of getting involved in an Everbowl franchise, one of the first things you’ll want to do is read up on what other people think about it. While just about any business venture comes with risk, it’s essential to weigh the pros and cons.
Fortunately, there are plenty of Everbowl franchise reviews out there from people who are already part of the system. Here are a few we’ve collected that may help you make the right decision for your business:
- Reviews from franchisees
Many established Everbowl franchisees cite low overhead costs and strong marketing support from corporate as positives. Many say that they have enjoyed their experience with their franchisor and feel they have gained valuable lessons while running their franchises.
- Reviews from customers
Customers generally rave about the freshness and quality of the ingredients used, as well as the convenience and speed of service. They love how easy it is to customise their bowls with tasty toppings and add-ons, making each bowl unique.
Everbowl’s reputation is clearly on an upward trajectory—and we think it’s only going to get better! With such positive reviews from both customers and existing franchisees, now might be the perfect time to get in on the action with an Everbowl franchise.
Everbowl Franchise Rankings
In 2019, Everbowl ranked 21st on Fast Casual Magazine’s Top 100 Movers & Shakers list, which highlights innovative companies in the quick-serve segment. While I couldn’t find more recent or specific rankings, this achievement demonstrates that Everbowl has been recognised for its innovation and growth in the past.
Franchise Deck Analysis and Overview
Before diving into the Everbowl franchise cost and potential profits, it is important to assess the deck of cards you are being dealt. Of course, one of the main things you need to consider is that there is always a risk involved when starting a business. Some risks to consider before investing in Everbowl are:
- There is no guarantee that your investment will be profitable. Many investments do not pay off, so you may not make a return on your investment.
- The costs associated with running an Everbowl franchise might exceed your original expectations, as unexpected expenses can quickly add up.
- There could always be issues with the supply chain; if demand outstrips supply, this could hurt profitability or reputation.
- Everbowl’s success depends on its reputation; if it gains a negative reputation for any reason (i.e., food quality or customer service), then this could have an enduring impact on the business’ bottom line and sustainability over time.
These risks should all be taken into account when evaluating whether owning an franchise is right for you, but overall, it’s an exciting opportunity for entrepreneurs who are looking for a chance to capitalise on an emerging industry.
Is the Everbowl Franchise Profit Worth the Franchise Cost?
We think so—especially if you have the financial and operational means to invest in this business. Here are a few of the main points to consider:
- Low-cost investment
The cost of owning a franchise is relatively low compared to many other franchises, giving you plenty of room for profit and stability.
- Flexibility and Variety
Franchising Everbowl offers great flexibility when it comes to the options you have for setting up your own store.
- Support and Resources
Everbowl provides great support and resources for its franchise owners, including access to training, marketing materials, operational guidance, an online support portal, and more.
Considering all these factors, we think that owning a franchise could be a great opportunity if you take the time to research the brand and understand the expectations of becoming a successful business owner.
Competition Analysis of Everbowl Franchises
|Everbowl||Cost to Franchise||Franchisee Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|Everbowl Franchise||$99,047 to $267,250||$20,000||4-8%+1-4%||$25.1 Million||–||4/5|
|Planet Smoothie Franchise||$193,150 to $ 421,550||$ 12,000 to $ 25,000||5%||$35,000||10.5 years||3/5|
|Juice It UpFranchise||$249,550 to $343,726||$25,000||2%||$500,000||10 years||4.5/5|
|Smoothie KingFranchise||$723,501 – $1,184,865||$25,000-$30,000||6%||$573,000||6-7 years||4/5|
|Clean JuiceFranchise||$275,000 to $576,000||$45,000||6%||$484,954||7-8 years||3.7/5|
|PressedFranchise||$35,000-44,000||$29,000||5%||50-70% of the gross margin||5-7 years||3.5/5|
The Franchise Deck rating for the Everbowl franchise is 4/5.
Conclusion : Is the Everbowl franchise worth it?
So what makes Everbowl Franchise stand out from other franchises? Some of the reasons why it ranks highly are:
Low investment costs: The average cost to start to franchising Everbowl is relatively low compared to similar concepts. This makes it a great option for first-time entrepreneurs who don’t have a lot of cash to invest up front.
Proven business model: The concept has been tested and proven over time, meaning that prospective owners can rest assured that their investment will pay off in the long run.
Positive customer feedback: People love the fresh and healthy food that Everbowl offers, and that translates into positive customer feedback and higher ratings in the rating system.
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Frequently Asked Questions (FAQs)
You may be wondering what it’s like to own an Everbowl franchise. Here are some of the most frequently asked questions that potential franchisees have:
- Is the Everbowl franchise profitable?
The short answer is yes. The food business is competitive, but Everbowl has worked hard to create a competitive advantage through their emphasis on healthy and delicious bowls. Their bowls offer something unique to customers that other food businesses often cannot, and this has allowed them to stay above the competition.
- Can you make money owning a Everbowl?
Yes, absolutely. The franchising fees alone can provide owners with a steady stream of income, and there are also other streams of revenue from catering jobs and other events. The key to success is finding a location that will draw customers to your store regularly; once you have that, you can expect to see profits coming in on a regular basis.
- Is a Everbowl a franchise?
Yes! Everbowl is one of the leading fast-casual franchises in the United States, with hundreds of locations currently open and more planned for the future. Everbowl is a fast-casual restaurant chain that originated in San Diego County, California. The first Everbowl location opened in 2016, founded by Jeff Fenster.
- How much is a Everbowl franchise?
The cost of opening a franchise varies depending on multiple factors, such as location, size, and other expenses. The total initial investment ranges from $99,047 to $267,250.
- How do Everbowl franchises make money?
Everbowl franchisees make money by operating their Everbowl stores and generating revenue through the sale of various products and services. Here are some ways Everbowl franchisees can make money:
- Product Sales: The primary source of revenue for Everbowl franchisees comes from selling the brand’s signature offerings, such as customizable superfood bowls, smoothies, and other healthy food items.
- Catering: Franchisees may also make money through catering services for events, parties, and corporate functions, providing a wide range of Everbowl’s offerings to customers outside the store.
- Seasonal and limited-time offerings: Franchisees can capitalise on seasonal trends and limited-time offerings to attract new customers and keep regular customers engaged and excited about the menu.
- Marketing and Promotions: Effective marketing campaigns and promotional strategies can help drive traffic to the store, increase brand awareness, and ultimately boost sales.
- Customer Loyalty Programmes: Implementing customer loyalty programmes, such as rewards points or exclusive discounts, can encourage repeat business and increase customer lifetime value.
- Operational Efficiency: Franchisees can maximise their profits by focusing on operational efficiency, such as minimising food waste, optimising labour costs, and effectively managing inventory.