Table of Content

    Juice bar business plan for starting your own smoothie corner

    Do you want to start a juice bar business? Well, this is one of those businesses that generate huge profits despite requiring little investment group for the business plan and very few employees. One can easily set up and run their juice bar business even by hiring two to three people.

    Well, if you are entering this venture you might probably want to learn a stepwise approach on how to open a juice bar. In this sample juice kiosk business plan we’re providing all financial and other details of a juice bar startup, ‘Fructose Bar’ so that everyone can benefit.

    Executive Summary

    2.1 The Business

    Fructose Bar will be a licensed and registered juice corner situated near Detroit St, Denver. The business will be based on offering fresh fruit juices, smoothies and other refreshments to the customers. The company will provide its customers with both sit-in and takeaway facilities.

    2.2 Management of Juice Bar

    Opening a juice bar is not at all difficult. You just need a few people to ensure the supply of fresh fruits and other eatables and to prepare delicious and freshening juices.

    If you are looking for a guide on how to start up a juice bar business, you can take help from this sample juice corner business plan.

    Fructose Bar will buy the required machinery and equipment before a month of the launch. The company will also set up a small beautiful place for those who want to enjoy juices while sitting in. Fructose Bar will hire drivers, chefs, general assistants, web developer, accountant, cleaners, and a store manager to ensure the successful running of the business.

    2.3 Customers of Juice Bar

    Target customers of Fructose Bar are versatile. Adults, youngsters, and senior citizens are likely to consume our juices and smoothies. The children and teens will also be one of our target groups and we’ll be providing some extra services to meet their demands.

    2.4 Business Target

    Our target is to become a renowned juice corner in our vicinity. We aim at increasing footfall at our site by providing healthy, nutritious, and fresh juices and some eatables. Moreover, we aim at opening our juice bar in at least two more locations in our city.

    Juice Bar Business Plan - 3 Years Profit Forecast

    Immigration Business Plan
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    Company Summary

    3.1 Company Owner

    Fructose Bar will be owned by Kenneth Grant. Grant is a graduate in management sciences from the University of Denver. He has worked as a manager for three years in a local restaurant. Though he has received a lot of respect in his job, he wants to quit it to start his own business and make huge profits.

    3.2 Why the juice bar is being started

    Grant has always wanted to start some food-related business to serve people with fresh and healthy foods. After working for three years in a resort, he found that opening juice shop business will be the most convenient and the most desirable option for him.

    3.3 How the juice bar will be started

    Grant will acquire the required licenses and registrations for opening a juice bar. He will buy the required machinery such as juicer machines, juice extractors, cutlery, etc. to run the kitchen portion. Moreover, to make a small place for customers to sit, he will also be purchasing comfortable furniture and tables.

    Since the company will also offer salads, pastries and many eatables other than just juices, it will be hiring a few chefs. The staff as will be mentioned in the next portions will be hired a week before the launch. The company will also hire transporters to provide home delivery services and to ensure a continuous supply of fresh fruits and vegetables. Lastly, the company will hire a web developer to manage the company’s social site and to manage the online portal to take orders and payments from customers online.

    If you want to estimate start up cost for a juice bar to write your fruit juice bar business plan, you can take help from here. You can also benefit from here even if you want to open a mobile juice bar because more than 80% requirements are the same.

    Juice Bar Business Plan - Startup Cost

    Start-up Expenses  
    Legal $58,000
    Stationery etc. $61,000
    Brochures $42,000
    Consultants $0
    Insurance $22,300
    Rent $81,000
    Research and Development $32,000
    Expensed Equipment $380,000
    Signs $95,000
    TOTAL START-UP EXPENSES $680,900
    Start-up Assets $0
    Cash Required $890,000
    Start-up Inventory $56,000
    Other Current Assets $170,000
    Long-term Assets $850,000
    TOTAL ASSETS $1,966,000
    Total Requirements $2,646,900
    START-UP FUNDING
    Start-up Expenses to Fund $680,900
    Start-up Assets to Fund $1,966,000
    TOTAL FUNDING REQUIRED $2,646,900
    Assets $980,000
    Non-cash Assets from Start-up $540,500
    Cash Requirements from Start-up $0
    Additional Cash Raised $765,000
    Cash Balance on Starting Date $185,900
    TOTAL ASSETS $2,471,400
    Liabilities and Capital $0
    Liabilities $1,240,000
    Current Borrowing $0
    Long-term Liabilities $0
    Accounts Payable (Outstanding Bills) $240,000
    Other Current Liabilities (interest-free) $135,600
    TOTAL LIABILITIES $1,615,600
    Capital $0
    Planned Investment $0
    Investor 1 $2,646,900
    Investor 2 $0
    Other $0
    Additional Investment Requirement $0
    TOTAL PLANNED INVESTMENT $1,340,500
    Loss at Start-up (Start-up Expenses) $484,700
    TOTAL CAPITAL $855,800
    TOTAL CAPITAL AND LIABILITIES $2,471,400
    Total Funding $2,646,900

    Any questions? Get in Touch!

    Products of Juice Bar

    Before you open a juice bar, you must decide which services and products you will be offering so that you can invest in just relevant arrangements. In this starting a juice bar business plan we’re enlisting the products and services Fructose Bar will provide.

    • Fruit Juice & Nectar: Our main service will be providing fresh and pure juices of fruits like cranberry, apples, green apples, pomegranate, strawberry, plum, apricots, peach, pineapple, orange, red grapes, beet, blackberry, sugarcane, etc.
    • Smoothies: We’ll offer delicious smoothies made by blending fruits with creamy milk in several combinations like banana, strawberry-banana, blackberry-raspberry mix, peach-mango, and almond-dates.
    • Salads: Our third main service will be providing two to three types of salads made by fresh fruits and vegetables.
    • Scoops: We’ll offer scoops of vanilla, strawberry, mango, chocolate, butter brickle, butter pecan, and moon mist ice creams.
    • Snacks & Refreshments: We’ll also offer packaged snack foods, doughnuts, and pastries. Because teens and kids are usually interested in eating these types of foods.

    The company will offer home delivery, dine-in as well as takeaway services.

    Marketing Analysis of Juice Bar

    Before starting your own juice bar business, you must carry out thorough research on your market and marketplace. It’s essential to analyze different locations to find out one in which there are relatively fewer competitors. Moreover, analyzing the buying patterns, volume and status of your customers is another important thing to do in the market analysis because usually, people with low incomes don’t spend on things like fruit juices and smoothies.

    Note

    So understanding economic patterns and competitive environments by using the tools of market analysis can help you a lot in writing juice smoothie bar business plan and taking major decisions.

    5.1 Market Trends

    According to IBISWorld, more than 5600 juice and smoothie bars are running in the United States. Collectively these businesses have generated a revenue of $2 billion in the year 2018. The source has also reported an annual growth rate of 1.4% over the past five years. So, if you are willing to enter this venture and have planned things accurately, you surely won’t suffer a loss.

    5.2 Marketing Segmentation

    Knowing your customers and their financial status is really important if you are going to start some costly food-related services. Knowing your customers can help you in coming up with services that are expected to be availed by them. Since juices, smoothies, scoops are the things that can’t be afforded by low-income people so if you intend to serve them too, you must provide some additional services that can be afforded by them. And if you aim at targeting rich communities you will have to make a proper and splendid place so that they choose to come to your site.

    In this juice parlour business plan on how to start a juice bar we’re providing the details of target customers of Fructose Bar.

    Juice Bar Business Plan - Marketing Segmentation

    Business Plan for Investors

    The detailed marketing segmentation of our target audience is as follows:

    5.2.1 Passers-by: The biggest consumer of our products will be passers-by that will include people of all ages. Since our corner will be located in a crowded place which is near to schools, offices and shopping centers so we’ll employ techniques like the attractive display to convert passers-by and tourists into our customers.

    5.2.2 Residential Community: Residential community isn’t really far from our location so we expect nearby residents to avail our services too. Moreover, through our home-delivery business services, residents who don’t want to come to us are expected to consume our products by paying online.

    5.2.3 Working Class: Another target customer of ours will be the working class. In fact, this group can become our biggest consumer as, after an exhausting and tiring routine, working men and women opt for taking something energizing that is good for their health too.

    5.2.4 Teens & Children: The last group of our target customers comprises of teens and children who’ll either be accompanied by other groups of our customers or will be coming to us themselves. Since this category isn’t much attracted to taking healthy fruit drinks thus we’ll be providing scoops, and snacks so that they can also have something to buy from us.

    Market Analysis
    Potential Customers Growth Year 1 Year 2 Year 3 Year 4 Year 5 CAGR
    Passers-by 34% 2,300 2,460 2,740 2,950 3,410 9%
    Residential Community 23% 1,830 1,940 2,045 2,340 2,760 8%
    Working Class 29% 2,200 2,400 2,780 3,240 3,310 10%
    Teens & Children 14% 700 820 960 1,230 1,980 9%
    Total 100% 6,120 7,230 8,340 9,980 10,900 11%
    Any questions? Get in Touch

    5.3 Business Target

    Our business targets to be achieved over the span of the next few years are given here:

    • To increase our sales by 8% every month for the first year and by 14% every month for the second year
    • To earn a net profit margin of $10k per month by the end of the first year and $15k by the end of the second year
    • To establish another juice bar in our city by the end of the first four years
    • To establish and maintain a minimum cash balance of $120k

    5.4 Product Pricing

    Since, Fructose Bar will be providing extremely clean, fresh and nutritious juices and smoothies to its customers, it has decided to keep its prices in almost the same range as that of its competitors. After all, the company owner doesn’t want to compromise on quality by compromising on prices.

    Marketing Strategy

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    Before opening a juice bar business it’s necessary to think about ways that can help you in getting ahead of your competitors and approaching your target customers.

    6.1 Competitive Analysis:

    Before making fresh juice bar business plan Grant did research on his competitors so that he can come up with features that others lack. Competitive aspects defined by Fructose Bar are given here:

    Our biggest competitive advantage is that we’ve established a comfortable place for our customers to sit in and enjoy our offerings. Our second biggest aspect is that we will be taking orders online so that if customers want to have fresh juice for themselves but don’t want to stay or wait at the stop, they can order us 10 to 15 minutes before they walk by there. Thirdly we will provide snacks and scoops besides juice and smoothies so that every person including kids and teen can have something to buy from us.

    And the last thing that can benefit us is our excellent location which is near to offices, institutes resident community as well as shopping areas.

    6.2 Sales Strategy

    We will offer a 10% discount on our servings for the first month of our launch. To introduce our healthy and fresh offerings to the people we’ll offer a 75% discount on all our products for the first two days of our launch. Lastly, we’ll advertise our products and sitting area on social media to approach distant target customers.

    6.3 Sales Monthly

    Juice Bar Business Plan - Sales Monthly

    6.4 Sales Yearly

    Juice Bar Business Plan - Sales Yearly

    6.5 Sales Forecast

    Juice Bar Business Plan - Unit Sales

    Sales Forecast
    Unit Sales Year 1 Year 2 Year 3
    Fruit Juices & Nectar 1,300 1,460 1,729
    Smoothies 1,030 1,157 1,370
    Salads & Scoops 800 898 1,064
    Snacks & Refreshments 430 483 572
    TOTAL UNIT SALES 3,560 3,998 4,735
    Unit Prices Year 1 Year 2 Year 3
    Fruit Juices & Nectar $1,505.00 $1,822.56 $2,122.05
    Smoothies $980.00 $1,186.78 $1,382.00
    Salads & Scoops $590.00 $714.49 $832.02
    Snacks & Refreshments $420.00 $508.62 $592.28
    Sales
    Fruit Juices & Nectar $1,956,500 $2,660,748 $3,669,024
    Smoothies $1,009,400 $1,372,737 $1,893,196
    Salads & Scoops $472,000 $641,898 $885,267
    Snacks & Refreshments $180,600 $245,608 $338,727
    TOTAL SALES
    Direct Unit Costs Year 1 Year 2 Year 3
    Fruit Juices & Nectar $1,120.00 $1,232.00 $1,355.20
    Smoothies $730.00 $803.00 $883.30
    Salads & Scoops $490.00 $539.00 $592.90
    Snacks & Refreshments $330.00 $363.00 $399.30
    Direct Cost of Sales
    Fruit Juices & Nectar $1,685,600.00 $2,245,387.76 $2,875,802.16
    Smoothies $715,400.00 $952,984.34 $1,220,717.07
    Salads & Scoops $289,100.00 $385,110.11 $493,303.47
    Snacks & Refreshments $138,600.00 $184,629.06 $236,499.00
    Subtotal Direct Cost of Sales $2,828,700.00 $3,768,111.27 $4,826,321.70

    Any questions? Get in Touch!

    Personnel plan

    7.1 Company Staff

    The staff you hire can affect your business in the long run. So if you are looking for how to set up a smoothie bar you should first devise a plan to find out the most suitable employees for your business.

    Grant will oversee all the operations himself, however, he’ll hire the following people:

    • 1 Co-Manager to manage the bar
    • 1 Accountant to manage financial records
    • 3 Chefs to prepare products & juices
    • 3 General Assistants to carry out routine tasks
    • 1 Driver to supply products needed by the juice bar
    • 2 Drivers to deliver goods to homes
    • 3 Cleaners to maintain juice bar
    • 1 Web Developer to run company’s sites and record online orders
    • 1 Sales Executive to carry out sales strategy
    • 1 Front Desk Officer as a receptionist

    7.2 Average Salary of Employees

     Personnel Plan      
    Year 1 Year 2 Year 3
    Co-Manager $35,000 $39,200 $52,500
    Accountant $27,000 $30,240 $40,500
    Chefs $70,000 $78,400 $105,000
    General Assistants $85,000 $95,200 $98,000
    Drivers & Cleaners $130,000 $145,600 $195,000
    Sales Executive $21,000 $23,520 $31,500
    Web Developer $22,000 $24,640 $33,000
    Front Desk Officer $23,000 $25,760 $34,500
    Total Salaries $413,000 $462,560 $590,000

    Financial Plan

    If you are opening a juice bar, you need not worry about how much does juicing cost because the startup doesn’t require a lot of investment. Keeping in view the few requirements to start this business, people usually think that is a juice bar profitable or not. The answer is that the juice bar business is profitable if you select your location wisely.

    Well, if you want to take a relatively larger startup, like Fructose Bar, you must have to develop a thorough financial plan. Through a financial plan, you can easily estimate profits and losses and can make planned transactions, investments, and expenses.

    You can get an idea of an effective financial plan from this sample financial plan of Fructose Bar.

    8.1 Important Assumptions

     General Assumptions      
    Year 1 Year 2 Year 3
    Plan Month 1 2 3
    Current Interest Rate 10.02% 10.40% 10.71%
    Long-term Interest Rate 10.00% 10.00% 10.00%
    Tax Rate 23.40% 24.30% 25.70%
    Other 0 0 0

    8.2 Brake-even Analysis

    Juice Bar Business Plan - Brake-even Analysis

     Brake-Even Analysis  
    Monthly Units Break-even 5120
    Monthly Revenue Break-even $134,500
    Assumptions:
    Average Per-Unit Revenue $238.00
    Average Per-Unit Variable Cost $0.72
    Estimated Monthly Fixed Cost $184,300

    8.3 Projected Profit and Loss

     Pro Forma Profit And Loss      
    Year 1 Year 2 Year 3
    Sales $3,618,500 $4,920,990 $6,786,215
    Direct Cost of Sales $2,828,700 $3,768,111 $4,826,322
    Other $0 $0 $0
    TOTAL COST OF SALES $2,828,700 $3,768,111 $4,826,322
    Gross Profit $789,800 $1,152,879 $1,959,893
    Gross Margin % 21.83% 23.43% 28.88%
    Expenses
    Payroll $413,000 $462,560 $590,000
    Sales and Marketing and Other Expenses $58,500 $61,425 $64,496
    Depreciation $32,400 $34,020 $35,721
    Leased Equipment $0 $0 $0
    Utilities $34,500 $36,225 $38,036
    Insurance $36,600 $38,430 $40,352
    Rent $21,300 $22,365 $23,483
    Payroll Taxes $80,100 $92,512 $118,000
    Other $31,200 $32,760 $34,398
    Total Operating Expenses $707,600 $780,297 $944,486
    Profit Before Interest and Taxes $82,200 $90,420 $101,106
    EBITDA $114,600 $124,440 $136,827
    Interest Expense $0 $0 $0
    Taxes Incurred $16,440 $18,084 $20,221
    Net Profit $65,760 $72,336 $80,885
    Net Profit/Sales $0 $0 $0

    8.3.1 Profit Monthly

    Juice Bar Business Plan - Profit Monthly

    8.3.2 Profit Yearly

    Juice Bar Business Plan - Profit Yearly

    8.3.3 Gross Margin Monthly

    Juice Bar Business Plan - Gross Margin Monthly

    8.3.4 Gross Margin Yearly

    Juice Bar Business Plan - Gross Margin Yearly

    8.4 Projected Cash Flow

    Juice Bar Business Plan - Projected Cash Flow

     Pro Forma Cash Flow      
    Cash Received Year 1 Year 2 Year 3
    Cash from Operations
    Cash Sales $39,000 $46,800 $51,090
    Cash from Receivables $11,200 $13,440 $14,672
    SUBTOTAL CASH FROM OPERATIONS $51,200 $57,800 $61,342
    Additional Cash Received
    Sales Tax, VAT, HST/GST Received $0 $0 $0
    New Current Borrowing $0 $0 $0
    New Other Liabilities (interest-free) $0 $0 $0
    New Long-term Liabilities $0 $0 $0
    Sales of Other Current Assets $0 $0 $0
    Sales of Long-term Assets $0 $0 $0
    New Investment Received $0 $0 $0
    SUBTOTAL CASH RECEIVED $51,200 $57,800 $61,342
    Expenditures Year 1 Year 2 Year 3
    Expenditures from Operations
    Cash Spending $205,000 $225,500 $248,050
    Bill Payments $117,500 $129,250 $142,175
    SUBTOTAL SPENT ON OPERATIONS $312,300 $343,530 $377,883
    Additional Cash Spent
    Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
    Principal Repayment of Current Borrowing $0 $0 $0
    Other Liabilities Principal Repayment $0 $0 $0
    Long-term Liabilities Principal Repayment $0 $0 $0
    Purchase Other Current Assets $0 $0 $0
    Purchase Long-term Assets $0 $0 $0
    Dividends $0 $0 $0
    SUBTOTAL CASH SPENT $323,100 $361,872 $390,951
    Net Cash Flow $109,800 $122,976 $132,858
    Cash Balance $197,400 $221,088 $238,854

    8.5 Projected Balance Sheet

     Pro Forma Balance Sheet      
    Assets Year 1 Year 2 Year 3
    Current Assets
    Cash $190,500 $213,360 $234,315
    Accounts Receivable $10,200 $11,424 $12,546
    Inventory $2,130 $2,386 $2,620
    Other Current Assets $9,900 $11,000 $11,000
    TOTAL CURRENT ASSETS $234,000 $245,600 $263,000
    Long-term Assets
    Long-term Assets $10,000 $10,000 $10,000
    Accumulated Depreciation $12,100 $13,450 $14,870
    TOTAL LONG-TERM ASSETS $720 $650 $430
    TOTAL ASSETS $201,000 $228,940 $247,000
    Liabilities and Capital Year 1 Year 2 Year 3
    Current Liabilities
    Accounts Payable $10,900 $11,300 $12,450
    Current Borrowing $0 $0 $0
    Other Current Liabilities $0 $0 $0
    SUBTOTAL CURRENT LIABILITIES $9,800 $10,100 $11,800
    Long-term Liabilities $0 $0 $0
    TOTAL LIABILITIES $10,400 $11,750 $12,990
    Paid-in Capital $31,600 $33,700 $35,250
    Retained Earnings $42,300 $48,500 $53,200
    Earnings $98,000 $125,600 $130,500
    TOTAL CAPITAL $174,500 $198,800 $253,400
    TOTAL LIABILITIES AND CAPITAL $212,300 $240,390 $255,700
    Net Worth $185,400 $220,500 $245,900

    8.6 Business Ratios

     Ratio Analysis        
    Year 1 Year 2 Year 3 INDUSTRY PROFILE
    Sales Growth 7.20% 17.40% 39.80% 4.00%
    Percent of Total Assets
    Accounts Receivable 4.04% 3.81% 3.52% 9.04%
    Inventory 1.33% 1.73% 1.99% 9.12%
    Other Current Assets 1.49% 1.98% 2.01% 24.78%
    Total Current Assets 156.00% 159.00% 162.00% 53.80%
    Long-term Assets -7.98% -8.74% -9.78% -10.06%
    TOTAL ASSETS 97.10% 98.00% 101.50% 102.37%
    Current Liabilities 3.33% 3.49% 3.79% 5.31%
    Long-term Liabilities 0.00% 0.00% 0.00% 23.80%
    Total Liabilities 4.08% 4.17% 4.23% 7.46%
    NET WORTH 98.07% 99.88% 101.49% 102.00%
    Percent of Sales
    Sales 93.59% 94.89% 96.30% 97.00%
    Gross Margin 93.00% 94.80% 96.90% 0.00%
    Selling, General & Administrative Expenses 71.09% 72.89% 74.06% 80.01%
    Advertising Expenses 1.58% 1.22% 0.53% 0.88%
    Profit Before Interest and Taxes 25.61% 27.30% 29.89% 1.99%
    Main Ratios
    Current 24.5 26.8 29.8 1.41
    Quick 25.8 26.8 29.7 0.18
    Total Debt to Total Assets 1.89% 1.52% 1.13% 52.00%
    Pre-tax Return on Net Worth 66.50% 70.70% 76.20% 4.23%
    Pre-tax Return on Assets 66.20% 71.30% 76.30% 10.00%
    Additional Ratios Year 1 Year 2 Year 3
    Net Profit Margin 17.80% 19.50% 23.50% N.A.
    Return on Equity 48.70% 53.50% 58.45% N.A.
    Activity Ratios
    Accounts Receivable Turnover 4.29 4.31 4.39 N.A.
    Collection Days 91 98 98 N.A.
    Inventory Turnover 24.2 25.9 26.4 N.A.
    Accounts Payable Turnover 13.9 14.6 15.3 N.A.
    Payment Days 24 24 26 N.A.
    Total Asset Turnover 1.8 1.62 1.48 N.A.
    Debt Ratios
    Debt to Net Worth 0.02 -0.01 -0.03 N.A.
    Current Liab. to Liab. 1 1 1 N.A.
    Liquidity Ratios
    Net Working Capital $138,500 $149,500 $160,300 N.A.
    Interest Coverage 0 0 0 N.A.
    Additional Ratios
    Assets to Sales 0.43 0.45 0.48 N.A.
    Current Debt/Total Assets 2% 4% 4% N.A.
    Acid Test 26.3 27.9 28.1 N.A.
    Sales/Net Worth 1.18 0.94 0.74 N.A.
    Dividend Payout 0 0 0 N.A.

    Juice Bar Business Plan Sample in PDF

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