Vitality Bowls Franchise AUV, Costs & Stats (2023)
Since it started franchising in 2014, Vitality Bowls has grown exponentially to the point where it now has more than 75 locations, of which the vast majority (70) are franchises.
Therefore, by opening a Vitality Bowls you can capitalise on a solid franchise with a strong track record of growth, fuelled by underling positive market dynamics e.g. Americans seeking health(ier) food options.
With a $376,000 investment cost, Vitality Bowls is also a rather affordable franchise. But what about profits? Should you buy a Vitality Bowls franchise?
In this article, we are looking at Vitality Bowls and its Franchise Disclosure Document to find out how much it really costs and how much money you can realistically make with this business. Let’s dive in!
Key stats
Franchise fee | $39,500 |
Royalty fee | 6.0% |
Marketing fee | 3.5% |
Investment (mid-point) | $376,000 |
Average sales | $411,000 |
Sales to investment ratio | 1.1x |
Payback period | 9 years |
Minimum net worth | $350,000 |
Minimum liquid capital | $50,000 |
About Vitality Bowls
Vitality Bowls is a leading superfood café that presents a delicious menu of acai bowls, juice, wraps, panini, salads, grain bowls and smoothies.
The restaurant brings health and wellness to its clients through healthy and fresh superfoods. Everything appearing on the café’s menu is made fresh to order without any ingredient fillers such as artificial preservatives, ice or frozen yogurt.
The brand’s story dates back to 2011, when Roy and Tara Gilad launched it in San Ramon, California.
The duo was motivated by their daughter’s allergy to common foods and wanted safer, healthier alternatives.
The superfood café started franchising in 2014.Today, Vitality Bowls has grown significantly, operating in over 100 locations, with 70 shops franchised in the US.
How much does a Vitality Bowls franchise cost?
On average, you may need to invest around $376,000 to open a Vitality Bowls franchise.
Startup costs
Here’s the full breakdown of costs:
Type of Expenditure | Low | High |
---|---|---|
Initial Franchise Fee | $29,500 | $39,500 |
Formation Costs | $111,300 | $388,140 |
Initial Marketing | $10,000 | $15,000 |
Operating Costs | $47,500 | $112,000 |
Total | $198,300 | $554,640 |
What is the Vitality Bowls franchise fee?
The initial franchise fee for a Vitality Bowls franchise is $39,500
In addition to the initial franchise fee, you must pay to the franchisor a royalty fee of 6.0% of revenues, as well as a variable marketing fee of 3.5% of revenues.
What is the revenue of a Vitality Bowls franchise?
On average, a Vitality Bowls franchise generates $411,000 in revenue per year.
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