YOU CAN’T HAVE TOO MUCH OF A GOOD THING — ESPECIALLY WHEN IT COMES TO FRANCHISING'S MULTIPLIER EFFECT
Anybody who is a part of a successful franchise like Clean Juice knows that there are a lot of benefits and perks that simply aren’t available (or realized) when you start your own business from scratch. Perhaps the biggest benefit is the multiplier effect of scalability.
After you open your first successful store, the time (and energy) required to duplicate success in stores #2, #3 and #4 is shorter. Multi-unit ownership in the franchise space is growing for lots of good reasons, and right now, nearly 2 out of 5 Clean Juice Franchise Partners take advantage of these inherent economies of scale. We’re excited to help them build their “Clean Juice empire” because there’s no greater compliment to any franchisor than when one of their partners wants to multiply.
Nearly 2 out of 5 Clean Juice Franchise Partners own multiple locations
Multi-Unit Ownership Post COVID-19
As you know, last year was not without its challenges, and our economy took a hit. Many businesses across the country unfortunately had to close their doors, either temporarily or permanently. But for a lot of Clean Juice Franchise Partners, multi-unit ownership put them in a much stronger position to mitigate the economic downturn and find efficiencies within their operations while they continue to grow through COVID -19. The good news is, many experts expect the quick service restaurant industry to flourish post-pandemic - mainly because consumers continue to rely on healthy food delivered across multiple convenient channels — from third party delivery (like UberEats), curbside pick-up and drive-thrus. In addition, experts suggest the cost of real estate leasing will come down, which means multi-unit ownership is a real possibility for many Clean Juice store owners.
Additional Benefits to Multi-Unit Franchising
The more locations you open, the better access you’ll have to capital, providing you the opportunity to groom additional staff and potentially escape day-to-day operations. As a beneficial result, this will allow you to focus on growth!
Owning multiple Clean Juice stores means you can enjoy shared resources, like staff members between locations, and benefit from sharing expenses, like the cost of marketing your stores. You might also benefit from supply chain discounts and more.
Grow the Bottom Line Faster
This is the obvious advantage of owning and operating more than one Clean Juice store. The more stores you own, the more income you can potentially generate. And as we stated earlier, multiple locations spread the financial risks during times when the economy might be struggling.
It’s Not Just About Your Bottom Line
While it’s true that the more Clean Juice locations you open, the more overall value your businesses will potentially have, there’s another significant advantage to pursuing multi-unit franchise opportunities with Clean Juice — you’ll be doubling and tripling the ways you can help your community eat better and feel better! You’ll become an influential asset as your guests learn the real value of an organic lifestyle.