In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:

Section I – Estimated initial investment (franchise costs) for a Jamba franchise, based on Item 7 of the company’s 2024 FDD

Section II – Initial franchise fee, royalty fee, and marketing fee for a Jamba franchise, based on Items 5 and 6 of the company’s 2024 FDD

Section III – Number of franchised and company-owned Jamba outlets at the start of the year and the end of the year for 2021, 2022, and 2023, based on Item 20 of the company’s 2024 FDD

Section IV – News updates on the Jamba franchise opportunity

Section V – Presentation and analysis of Jamba’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2024 FDD, including information on the:

• 2023 average, median, highest, and lowest net sales, by quartile, for the 33 traditional Jamba franchises with a drive-thru that reported sales in all 53 weeks of fiscal year 2023
  

• 2023 average, median, highest, and lowest net sales, by quartile, for the 501 traditional Jamba franchises without a drive-thru that reported sales in all 53 weeks of fiscal year 2023

• 2023 average, median, highest, and lowest net sales, by quartile, for the 534 traditional Jamba franchises that reported sales in all 53 weeks of fiscal year 2023

Section VI – Key ratios, comparables, computations, and analyses for the Jamba franchise opportunity (exclusive content for Platinum subscribers)

Section I – Jamba Franchise Costs

• Initial Franchise Fee:  $35,500
• Construction and Build Out Costs:  $260,000 to $400,000
• Permitting:  $500 to $17,500
• Equipment Package:  $142,000 to $175,000
• Millwork:  $11,300 to $17,000
• Furniture:  $400 to $6,050
• Menu Board, Graphics, and Interior Signage:  $2,100 to $10,000
• Exterior Signage:  $6,500 to $15,800
• Computer System:  $8,600 to $24,000
• Smallwares:  $4,000 to $5,500
• TV/Music:  $0 to $3,600
• Architect/Engineer:  $6,200 to $19,000
• Rent:  $4,000 to $10,000
• Grand Opening Marketing:  $10,000 to $12,000
• Legal and Accounting Fees:  $5,000 to $10,000
• Insurance:  $1,550 to $8,100
• Miscellaneous Opening Costs/Office Supplies:  $9,000 to $14,000
• Security Deposits:  $0 to $15,000
• Management Training Program Fee:  $0 to $2,500
• Travel and Living Expenses During Training:  $3,100 to $5,100
• On-Site Training Fee:  $0 to $6,100
• Opening Inventory:  $5,000 to $10,000
• Additional Funds for 3 Months:  $15,000 to $43,000
• Total Estimated Jamba Franchise Costs:  $529,750 to $864,750

Section II – Jamba’s Initial Franchise Fee, Royalty Fee, and Marketing Fee

• Initial Franchise Fee:  $35,500
• Royalty Fee:  6% of Net Sales
• Advertising Contribution:  currently, 3% of Net Sales
• Advertising Cooperative Contribution:  an amount set by your Advertising Cooperative
• Local Marketing Obligation:  currently, each calendar quarter, you must spend not less than 1% of Net Sales on local market advertising

Section III – Number of Franchised and Company-Owned Jamba Outlets

Franchised

2021

• Outlets at the Start of the Year:  762
• Outlets at the End of the Year:  747
• Net Change:  -15

2022

• Outlets at the Start of the Year:  747
• Outlets at the End of the Year:  735
• Net Change:  -12

2023

• Outlets at the Start of the Year:  735
• Outlets at the End of the Year:  733
• Net Change:  -2

Company-Owned

2021

• Outlets at the Start of the Year:  5
• Outlets at the End of the Year:  3
• Net Change:  -2

2022

• Outlets at the Start of the Year:  3
• Outlets at the End of the Year:  3
• Net Change:  0

2023

• Outlets at the Start of the Year:  3
• Outlets at the End of the Year:  1
• Net Change:  -2

Section IV – News Updates on the Jamba Franchise

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Jamba Franchise (Item 19, 2024 FDD)

• This Item 19 presents information about the financial performance during Fiscal Year 2023 (the fiscal year ended December 31, 2023) of certain Traditional Franchises that were eligible franchises in Fiscal Year 2023.

• A “Traditional Franchise” is a Traditional Store that is operated by a franchisee.

• An “eligible franchise” is a franchise that reported sales in all 53 weeks of Fiscal Year 2023.

• This Item 19 does not include data related to (i) Non-Traditional Stores; (ii) food trucks; (iii) Co-Branded Stores; (iv) Traditional Franchises that were not eligible franchises in Fiscal Year 2023; and (v) affiliate-owned Stores.

• The financial performance and operations of these excluded Stores can vary significantly from the performance and operations of the Traditional Franchises that are represented in this Item 19.

Average Net Sales by Quartile for Traditional Franchises for Fiscal Year 2023

A. Traditional Stores With a Drive-Thru

Top Quartile

• Average Net Sales:  $1,218,975
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  4 / 9 (44%)
• Median Net Sales:  $1,118,160
• Lowest Net Sales:  $855,226
• Highest Net Sales:  $1,818,106

2nd Quartile

• Average Net Sales:  $709,022
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  4 / 8 (50%)
• Median Net Sales:  $695,581
• Lowest Net Sales:  $622,561
• Highest Net Sales:  $813,911

3rd Quartile

• Average Net Sales:  $527,420
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  3 / 8 (38%)
• Median Net Sales:  $508,444
• Lowest Net Sales:  $475,328
• Highest Net Sales:  $614,240

Bottom Quartile

• Average Net Sales:  $378,005
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  4 / 8 (50%)
• Median Net Sales:  $385,548
• Lowest Net Sales:  $287,958
• Highest Net Sales:  $458,860

Total

• Average Net Sales:  $723,829
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  13 / 33 (39%)
• Median Net Sales:  $622,561
• Lowest Net Sales:  $287,958
• Highest Net Sales:  $1,818,106

B. Traditional Stores Without a Drive-Thru

Top Quartile

• Average Net Sales:  $1,079,248
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  51 / 126 (40%)
• Median Net Sales:  $1,050,156
• Lowest Net Sales:  $860,963
• Highest Net Sales:  $1,790,948

2nd Quartile

• Average Net Sales:  $759,814
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  62 / 125 (50%)
• Median Net Sales:  $753,851
• Lowest Net Sales:  $673,000
• Highest Net Sales:  $854,465

3rd Quartile

• Average Net Sales:  $605,076
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  64 / 125 (51%)
• Median Net Sales:  $606,188
• Lowest Net Sales:  $541,947
• Highest Net Sales:  $672,674

Bottom Quartile

• Average Net Sales:  $430,255
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  75 / 125 (60%)
• Median Net Sales:  $458,875
• Lowest Net Sales:  $130,559
• Highest Net Sales:  $541,665

Total

• Average Net Sales:  $719,318
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  211 / 501 (42%)
• Median Net Sales:  $673,000
• Lowest Net Sales:  $130,559
• Highest Net Sales:  $1,790,948

C. All Traditional Stores

Top Quartile

• Average Net Sales:  $1,090,304
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  54 / 134 (40%)
• Median Net Sales:  $1,057,304
• Lowest Net Sales:  $860,963
• Highest Net Sales:  $1,818,106

2nd Quartile

• Average Net Sales:  $759,044
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  65 / 133 (49%)
• Median Net Sales:  $753,851
• Lowest Net Sales:  $670,877
• Highest Net Sales:  $855,226

3rd Quartile

• Average Net Sales:  $602,182
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  67 / 133 (50%)
• Median Net Sales:  $602,854
• Lowest Net Sales:  $537,434
• Highest Net Sales:  $668,112

Bottom Quartile

• Average Net Sales:  $426,274
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  80 / 134 (60%)
• Median Net Sales:  $453,740
• Lowest Net Sales:  $130,559
• Highest Net Sales:  $536,976

Total

• Average Net Sales:  $719,597
• Number and Percentage of Stores Attaining or Exceeding Average Net Sales:  224 / 534 (42%)
• Median Net Sales:  $669,495
• Lowest Net Sales:  $130,559
• Highest Net Sales:  $1,818,106

• As of December 31, 2023, there were 582 Traditional Franchises. Of those 582 locations, 534 (91.8%) Traditional Franchises are represented in this table.

• This table does not include (i) five Traditional Franchises that did not report sales in all 53 weeks of Fiscal Year 2023, (ii) 13 Traditional Franchises that opened during Fiscal Year 2023, and (iii) 30 Traditional Franchises that were Co-Branded Stores (including two Traditional Franchises that converted to a Co-Branded Store during Fiscal Year 2023 and 13 Co-Branded Stores that opened during Fiscal Year 2023).

• This table also does not include 26 Traditional Franchises that permanently closed during Fiscal Year 2023, all of which had been open for at least 12 months prior to closing.

• No Traditional Franchises were reacquired by Jamba in Fiscal Year 2023.

• Some Stores have sold or earned this amount. Your individual results may differ. There is no assurance that you’ll sell or earn as much.

• “Net Sales” includes all revenues generated by a Store or conducted from or with respect to a Store, whether the sales are evidenced by cash, check, credit, charge, account, barter, or exchange, but does not include (a) the initial sales or reloading of gift cards, (b) discounts, (c) the sale of food or merchandise for which refunds have been made in good faith to customers, (d) the discounted portion of employee meals, (e) sales, meals, use, or excise tax imposed by a governmental authority directly on sales and collected from customers, provided that the amount for the tax is added to the selling price or absorbed therein and is actually paid by you to a governmental authority, (f) the sale of equipment used in the operation of the Store, or (g) tips.

• These sales figures do not reflect the costs of sales, operating expenses, or other costs or expenses that must be deducted from the Net Sales figures to obtain your net income or profit.

• Jamba calculated the figures in the tables in these financial performance representations using financial reports submitted by franchisees.

Section VI – Jamba Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️