Zoup! Franchise Opportunities
Zoup! Fresh Soup Company, LLC is a fast-casual soup concept restaurant that offers soups and made-to-order salads, grilled sandwiches and baked goods. Zoup! restaurants feature 12 rotating daily varieties of soup, including low-fat, vegetarian, spicy, gluten-free and dairy-free options. The company was founded in 1998 and is headquartered in Southfield, Michigan.
Zoup! also provides franchise opportunities. As of 2018, the company operates 80 franchises in the United States and 7 ones outside the country.
How to open a Zoup! franchise?
- Ensure you have adequate capitalization.
In order to open a Zoup! Eatery franchise, you must have a net worth of more than $500,000. - Appreciate the investment required for a eatery franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. - Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Zoup! franchise owner. - Assess market availability.
You will want to look at the market availability for Zoup! franchises and see if there are available markets in your location of interest before proceeding with the franchising application. You can begin site selection process with their Real Estate team. - Submit your application.
Your application will be reviewed by the Zoup! franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. - Receive approval & opening your Zoup! franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does Zoup! franchise cost?
Zoup! has the franchise fee of up to $39,900, with total initial investment range of $355,900 to $648,500.
Initial Investment: $355,900 - $648,500
Net-worth Requirement: $350,000 - $400,000
Liquid Cash Requirement: $130,000 - $150,000
Estimated Initial Investment
| Type Of Expenditure | Low | High |
|---|---|---|
| Franchise Fee | $39,900 | $39,900 |
| Leasehold Improvements* | $62,500 | $278,000 |
| Furniture, Fixtures & Equipment | $135,000 | $155,000 |
| Signage & Point of Sale | $50,000 | $64,000 |
| Grand Opening Advertising | $8,000 | $8,000 |
| Initial Inventory | $30,000 | $30,000 |
| Other Openings Cost | $23,000 | $53,600 |
| Working Capital - 3 Months | $7,500 | $20,000 |
| TOTAL** | $355,900 | $648,500 |
* Net of Landlord Build-out Allowances
** The data in table above, compiled from the Zoup! Franchise Disclosure Document (FDD) 2020, represent the estimated financial range for the initial setting up and first 3 months of operation for a new Zoup! eatery. The start-up costs are for a single-unit franchise location.
Ongoing Fees
Initial Franchise Fee: $39,900
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 1%
Are you interested in starting Zoup! Franchise in the USA, Canada, or another country?
We provide estimated franchise costs for some countries:
- In the United States, the total investment to start the Zoup! restaurant is around $355,900 to $648,500.
- In Canadian currency, the investment comes around Can$ 450,300 to Can$ 820,600.
Support Options
On-The-Job Training: 72 hours
Classroom Training: 40 hours
Number of Employees Required to Run: 10 - 14
Zoup! Franchise Info: www.zoupfranchise.com
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Starting investments from:$355,900
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Company type:Restaurant
- Company foundation year:1998
- Year of launching the franchise2003
- Franchise enterprises:87
- Corporate Address:28290 Franklin Rd. Southfield, MI 48034, USA