Rank no. 363 – Maui Wowi Hawaiian Coffees & Smoothies – US
Products & Services: Hawaiian coffees & smoothies
Number of Locations: 221
Total Investment: $42.2K – 360.04K
Began Franchising: 1997
About Maui Wowi Hawaiian Coffees & Smoothies
Fresh fruit smoothies were a virtually unknown product in 1983, when Jeff and Jill Summerhays began selling them part-time at events. The company caught the eye of Michael Haith, founding partner of a food, beverage and special-event consulting firm and Maui Wowi’s current CEO. Haith revamped the franchise concept and expanded the product line, which now includes Hawaiian coffees and espresso.Maui Wowi franchises are located throughout the United States.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $27,500 – $59,500
Term of Franchise Agreement: 10 years, renewable
Net Worth: $100,000
Liquid Cash Available: $40,000
Franchise can be run from home. 65% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 – 3. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|