Sidewalk Juice Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$261,500 - $2,045,500
Franchise Fee
$22,500
Total US Locations
6
Business Summary
Sidewalk Juice operates juice bars that specialize in locally sourced, made-to-order juices, smoothies, acai bowls, and other food and beverage items. Sidewalk Juice locations are offered in two formats: conventional storefronts and kiosks.
Corporate History
Sidewalk Juice LLC was established in California on February 26, 2018. The company's President, Mr. Jason Nazzal, originally opened the first Sidewalk Juice bar in San Francisco in August 2006 through a separate entity, Sidewalk Juice Bar Inc., which still operates that location. Sidewalk Juice IP LLC, an affiliate, holds the trademark and recipes, licensing them to Sidewalk Juice LLC for franchising. In 2020, the members of Sidewalk Juice sold their own Sidewalk Juice bars, converting those to franchised locations. Before 2021, Sidewalk Juice LLC's primary business was granting franchises. Since 2021, the company has also started bottling some of its juices, initially sold through Sidewalk Juice bars, with future plans for broader retail distribution.
Financial Overview
Investment Range
$261,500 - $2,045,500
Franchise Fee (Low)
$22,500
Franchise Fee (High)
$30,000
Royalty %
6%
Equipment Costs (Low)
$175,000
Equipment Costs (High)
$1,475,000
Working Capital
$30,000
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
The financial statements for Sidewalk Juice indicate a healthy financial position and positive operational results. In 2023, the company reported a significant net income of $197,698 and strong cash flow from operating activities, which provided $208,948. The balance sheet shows that Sidewalk Juice maintains solid cash reserves of $194,573 and a healthy members' equity of $191,579. The independent auditors' report does not contain any qualification regarding Sidewalk Juice's ability to continue as a going concern, indicating confidence in the company's financial viability.
Financing Details
Sidewalk Juice does not offer any direct or indirect financing for its juice bars. Additionally, Sidewalk Juice does not guarantee any leases or financing that franchisees may obtain from third parties. Franchisees are responsible for securing all their own funding.
Performance Metrics
Total US Locations
6
Franchised Units
6
Corporate Units
0
Avg Square Footage
1,050
Franchising Since
2020
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Count
1
Litigation Summary
Sidewalk Juice itself has no litigation history to disclose. However, Sidewalk Juice's licensor, Sidewalk Juice Bar Inc., sold several franchises, referred to as "licenses," without proper registration under the California Franchise Investment Law. In February 2019, the licensor issued Notices of Violation to the two remaining franchisees involved in these unregistered sales. These notices inform the franchisees of their legal rights under California law and shorten the time frame for taking legal action. This matter occurred more than three years ago.
Bankruptcy History
Sidewalk Juice has no bankruptcy proceedings to disclose.
Agreement Terms
Initial Term
10 years
Renewal Conditions
To apply for a new Sidewalk Juice Franchise Agreement after the initial term expires, franchisees must provide written notice between 6 and 12 months before their current agreement ends. They must not be in default at the time of notice or when the new agreement takes effect, and they cannot have received two or more default notices in any three-year period. Franchisees must agree to the terms of the new agreement within 30 days of receiving it, ensure their lease covers the new term, and reimburse Sidewalk Juice for costs and time associated with the new agreement, including any advice for refurbishing the bar or additional training. Additionally, franchisees are required to sign a general release of claims against Sidewalk Juice and update their juice bar to meet the brand's current standards. The new agreement may include terms and conditions that are materially different from the original.
Training & Support Program
Franchisor Assistance
Sidewalk Juice provides a range of assistance to its franchisees. Before opening, Sidewalk Juice consults on general site criteria, reviews and approves proposed locations and lease terms, and offers a typical layout along with specifications for finishes and décor. Franchisees must submit their plans for approval before construction begins. Sidewalk Juice also provides a list of required equipment, inventory items, and approved suppliers. Before opening, initial training is provided for the owner and up to three other individuals, including managers, covering operations, customer service, and product knowledge. A Sidewalk Juice representative will also provide on-site assistance and additional training just before and after the grand opening. Franchisees receive hard copy and Internet-based operations manuals and guidance on grand opening promotions. Ongoing support from Sidewalk Juice includes continuous use of its trademarks, recipes, and proprietary system information accessible via an Intranet. Staff members are available for telephone and online consultations during normal business hours for operational guidance. Sidewalk Juice may conduct periodic on-site visits to consult on operations and performance. Additional training sessions and meetings may be offered at the franchisor's discretion, some of which may incur additional fees.
Initial Training Hours
32
Training Location
Video conference and franchisee's juice bar
Ongoing Support
Sidewalk Juice offers ongoing support by allowing franchisees continuous access to its trademarks, recipes, procedures, and an Intranet site containing various operational, marketing, and public relations information. The franchisor may also provide additional training, meetings, and conferences as it deems necessary. Franchisees can consult with Sidewalk Juice staff by telephone or online during normal business hours for operational guidance. Sidewalk Juice may send representatives to visit juice bars periodically to consult on operations and performance. Additionally, franchisees can request special on-site visits from a representative for an extra fee if approved by Sidewalk Juice.
Franchise Requirements
Ideal Candidate Profile
Sidewalk Juice does not explicitly state a detailed ideal candidate profile, but it does emphasize the importance of a franchisee's management skill, experience, and business ability for success. While franchisees are not required to be the on-premises manager of their Sidewalk Juice bar, the franchisor recommends it for better operational control. The business must be supervised by someone who has successfully completed Sidewalk Juice's training program. Franchisees are expected to have the ability to control payroll and food costs.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Retail
Owner Participation
Supervisory
Territory Type
Protected
Staffing Notes
Sidewalk Juice requires that all owners with more than a 20% interest in the juice bar, along with up to two managers, successfully complete its training course before opening. A Sidewalk Juice bar cannot open until at least one owner and one manager have passed the required training. The business must always be under the overall supervision of someone adequately trained by a person who has completed the franchisor's training program. If a person fails the training course, they cannot be employed in a managerial capacity. Franchisees are also responsible for hiring and training a sufficient number of employees to manage the business volume and maintain high standards of appearance, cleanliness, and demeanor as specified by Sidewalk Juice.