Why is Playa bowls a valuable investment?
Our growth is driven as much by existing franchisees building cash flow and wealth by adding restaurants to their portfolio as it is by adding new entrepreneurs like you.
Ultimately, what makes a good opportunity is uniqueness, profitability, scalability, and the value (real and perceived) delivered to the customer. And a brand knows they are winning when franchisees continue to reinvest their earnings into expansion.
20 Reasons Why Playa Bowls is a Good Investment
Here is what we and franchisees believe to be our value to you as a franchise opportunity:
What is the Investment?
In addition, we don’t cook so our equipment package is nominal. While the target total investment of Playa Bowls is approximately $350,000, the investment range is as follows:
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee 1 | $35,000 |
| Rent: Three months 2 | $7,500 - $25,000 |
| Lease Security Deposit 3 | $2,500 - $8,333 |
| Utility Security Deposit 3 | $0 - $1,500 |
| Design and Architect Fees 4 | $4,500 - $10,000 |
| Leasehold Improvements 5 | $50,000 - $185,000 |
| Signage 6 | $2,000 - $12,000 |
| Equipment, Furniture and Fixtures 7 | $50,000 - $90,000 |
| Point of Sale and Computer Equipment 8 | $1,300 - $2,600 |
| Business Licenses and Permits 9 | $2,000 - $4,000 |
| Professional Fees 10 | $1,000 - $3,000 |
| Insurance 11 | $1,875 - $2,625 |
| Initial Inventory 12 | $10,000 - $30,000 |
| Training Expenses 13 | $1,000 - $6,000 |
| Grand Opening Marketing 14 | $10,000 |
| Additional Funds: Three months 15 | $10,,, - $40,000 |
| Total Estimate 16 | $188,675 - $465,058 |
See FDD for more details.
What is Playa Bowls Growth Rate?
60% of our growth stems from existing franchisees expanding
Before you open your doors, you will benefit from a brand with over 300 locations open or under development, scheduled to open by 2025.
what are the average unit sales?
According to the most recent Franchise Disclosure Document, the sales of an average store is $1,194,000, more than double the average franchisee of Smoothie King and 45% higher than Jamba Juice.| Quartile | Average | Number and % of Outlets above average |
|---|---|---|
| 1st Quartile | $1,751,654 | 6/21 (29%) |
| 2nd Quartile | $1,259,089 | 11/22 (50%) |
| 3rd Quartile | $1,047,461 | 12/22 (55%) |
| 4th Quartile | $722,097 | 11/21 (52%) |
| Total 2 | $1,194,103 | 37/86 (43%) |
See FDD for more details
According to their respective FDDs, the average sales of Smoothie King® (561,000) and Jamba Juice® (770,000) - as you can see, the bottom 25% of our stores performs the same as the average Jamba Juice and far exceeds the volume of Smoothie King.
With average unit volume sales of nearly $1.2MM and a target investment of $350,000 Playa Bowls boasts a more than 3:1 sales to investment ratio. Franchisees find when they combine such a strong return on investment with Playa Bowls no-cooking, low labor, and simple operations this allows for rapid multi-unit growth, multiplying cash flow and enterprise value without straining operations.
