About NÉKTƏR JUICE BAR Franchise
Néktər Juice Bar is a retail franchise that offers fruit and vegetable juices, smoothies, specialty drinks, cleanses, acai bowls, and other health-centric products and related items in a contemporary environment.
Franchisees operate retail stores typically located in or adjacent to major shopping malls, outlet malls, retail strip malls, shopping centers, or urban storefronts ranging between 700 to 1,450 square feet.
Target customers are health-conscious consumers seeking fresh, nutritious juice and smoothie options.
NÉKTƏR JUICE BAR Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Sales (Marketing Fee) plus 2% of Gross Sales local marketing expenditure | National brand fund |
| Total Investment Range | $216,000 – $622,100 | Includes build-out, inventory, working capital |
The investment range of $216K–$622K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (2% of Gross Sales (Marketing Fee) plus 2% of Gross Sales local marketing expenditure) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee / Development Fee | $35,000 | $140,000 |
| Real Estate and Rent – 3 months | $10,000 | $55,000 |
| Real Estate Construction and Improvements | $60,000 | $215,000 |
| Architect | $9,000 | $18,000 |
| Mill Work | $15,000 | $20,000 |
| Fixtures and Furnishings | $4,000 | $15,000 |
| Equipment | $40,000 | $60,000 |
| Signage | $3,500 | $10,500 |
| POS, Security System, Music, Phones, Gift Card and Loyalty Programs, and Computer Systems | $4,700 | $10,000 |
| Miscellaneous Opening Costs | $500 | $1,000 |
| Opening Inventory | $8,000 | $18,000 |
| Uniforms | $300 | $600 |
| Training | $2,500 | $6,000 |
| Grand Opening Marketing | $8,000 | $10,000 |
| Utilities | $2,500 | $6,000 |
| Professional Fees | $2,500 | $6,000 |
| Insurance - 3 Months | $500 | $1,000 |
| Additional Funds – 3 Months | $10,000 | $30,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $2,500 for non-controlling interest transfers; 50% of then-current initial franchise fee for transfers to existing franchisees; 75% of then-current initial franchise fee for transfers to new franchisees, plus reimbursement of costs |
| Renewal Fee | $5,000 |
| Technology Fee | $200 per month |
| Audit Fee | Cost of audit if understatement of 2% or more |
| POS System | $100 to $300 per month license fee plus $25 per month technical support |
| Store Music, Gift Card, Loyalty Program, and Online Ordering | $140 to $185 per month |
| Additional Training | $300 per person per day plus expenses |
| Additional Assistance | $300 per trainer per day plus travel, lodging, and dining costs |
| Relocation Fee | 50% of Initial Franchise Fee |
| Late Charge | $100 per overdue payment plus 18% per annum interest |
| Mystery Shopper Programs | $0 to $150 per month |
| Quality Assurance Audit Program | $300 per calendar quarter |
| Re-Inspection Fee | Reasonable expenses including travel, lodging, meals, and compensation |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 3 weeks (111 hours total plus up to 16 hours of virtual prerequisite training) |
| Classroom Training | 15 hours classroom training plus 6-7 hours virtual Introduction to In-Store Training plus 9-10 hours virtual Introduction to Classroom Training |
| On-the-Job Training | 81 hours on-the-job in-store training |
| Training Location | Training Stores in Southern California and Maricopa County, Arizona; Classroom training held virtually |
| Additional Training | General manager training program offered online with in-store supervised work period. Additional optional start-up assistance, retraining, or refresher courses available at then-current daily fee plus expenses. Annual convention deemed mandatory additional training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected (non-exclusive with conditions) |
| Exclusive Territory | No |
| Territory Size | Described in terms of identifiable boundaries such as ZIP Codes, streets, county lines, rivers, etc. |
| Description | Franchisee receives a Designated Area within which the franchisor will not operate or grant anyone else the right to operate a Néktər Juice Bar Store, as long as franchisee is in compliance with the Franchise Agreement. However, Closed Markets (hotels, resorts, malls over 350,000 sq ft, airports, public facilities, colleges, military bases, and mass gathering venues) within the Designated Area are excluded from territorial protection. Franchisor reserves the right to distribute products through alternative channels including mail order, catalog sales, retail stores, supermarkets, and Internet sales. Franchisor may modify or revoke Designated Area for failure to maintain store standards or significant underperformance in sales. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two consecutive renewal terms of 5 years each, at franchisor's option |
| Renewal Fee | $5,000 |
| Renewal Conditions | Not in default; substantially complied with all provisions during entire term; brought Store into compliance with current standards; remain in possession or secure substitute premises; meet then-current qualifications; timely notice of renewal (9-12 months before expiration); satisfied all monetary obligations; sign then-current franchise agreement (may be materially different); met current training requirements; sign general release |
| Transfer Fee | $2,500 for non-controlling interest; 50% of then-current initial franchise fee for transfers to existing franchisees; 75% of then-current initial franchise fee for transfers to new franchisees, plus reimbursement of costs |
| Transfer Conditions | Satisfy all monetary obligations; be in compliance with all agreements; execute general release; remain liable for pre-transfer obligations; transferee must meet qualifications, complete training, sign then-current franchise agreement; refurbish Store; landlord must allow assignment; pay transfer fee; all owners execute personal guaranties |
| Termination for Cause | Non-curable defaults include: failure to find site or open by deadline; failure to complete training; material misrepresentation; felony conviction; unauthorized use of manuals; abandonment for 2 business days; failure to relocate; unauthorized transfer; understatement of fees by more than 2% on two occasions; two late reports in 12 months; health/safety violations; failure of two quality inspections in 12 months; three notices of default in 12 months; unauthorized products; bankruptcy; misuse of Marks. Curable defaults: failure to pay amounts due (7-day cure); failure to comply with other provisions (30-day cure) |
| Non-Compete Period | 2 years after termination or expiration |
| Non-Compete Details | May not own, operate, engage in, be employed by, or have any interest in a Competitive Business (offering primarily fresh or bottled juices, smoothies, cleanses, or fruit/vegetable-based beverages) within the Designated Area, within a 10-mile radius of the Store, or within a 10-mile radius of any other business using the System. The two-year period is tolled during noncompliance. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Designated Principal (owner with at least 10% ownership interest who has completed initial training) must actively oversee franchised business operations. Each store must employ a full-time general manager who has completed the initial training program. The Designated Principal may also act as general manager. The general manager may not engage in any other business requiring substantial management responsibility. |
| Required Suppliers | Franchisor may establish designated or approved suppliers for fixtures, furniture, equipment, signs, food and beverage products, produce, ingredients, uniforms, merchandise, advertising materials, signage, gift certificates, stationery, bags, packaging, and supplies. Franchisees must purchase POS system from designated supplier and use designated suppliers for all merchant processing services. |
| Supply Restrictions | Estimated 75% to 90% of initial and ongoing purchases must be from approved or designated suppliers. Franchisee must submit written request and receive written approval before using any unapproved supplier. Parent company NJB sells bottled juices to designated distributor for resale to stores. |
| Franchisor Revenue from Suppliers | As of end of 2021 fiscal year, franchisor derived $0 revenue from franchisee purchases or leases (0% of total revenues of $6,063,052). NJB also derived no revenue from franchisee purchases. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Nekter Franchise, Inc. does not offer direct or indirect financing and does not guarantee any note, lease, or obligation. |
NÉKTƏR JUICE BAR Franchise Earnings — Item 19
Past financial performance does not guarantee future results. Individual results will vary.
NÉKTƏR JUICE BAR Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
NÉKTƏR JUICE BAR System Growth
NÉKTƏR JUICE BAR currently operates 128 franchised locations and 31 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 38 | 2 | 116 |
| 2020 | 16 | 17 | 115 |
| 2021 | 17 | 4 | 128 |
Transfers: 5 | Closures: 4
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
NÉKTƏR JUICE BAR Franchise — FAQ
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