Juice It Up! Named One Of The Nation’s Leading 20 Brands On Fast Casual’s Top 100 Movers & Shakers List
June 08, 2022 // Franchising.com // NEWPORT BEACH, Calif. - Juice It Up has been named to Fast Casual’s 2022 Top 100 Movers & Shakers list. The smoothie and juice chain ranked #17 overall, jumping nine spots from its 2021 position. Impressively, Juice It Up! was the only smoothie, bowl and juice concept among the top 20 brands on the prestigious list, which also included Juice It Up! President & CEO, Susan Taylor, as one of the nation’s top 25 fast casual executives for the second consecutive year. For the past 17 years, the Fast Casual Top 100 Movers & Shakers has identified the industry’s most successful brands, centering on factors beyond profitability and growth such as innovation, leadership and creativity. In the highly competitive smoothie and juice segment, Juice It Up!’s longstanding recipe for success continues to feature an effective mix of flavor and functionality delivered through menu innovation that always pushes the bar higher.
“It’s an honor to see the hard work of the entire Juice It Up! team, recognized with such a prestigious accolade from an industry authority, and I am extremely proud of what everyone associated with Juice It Up! has accomplished this year in elevating our brand,” said Susan Taylor, the President and CEO of Juice It Up!. “My own spot on Fast Casual’s list is humbling, and I’m grateful to be in such esteemed company, but my recognition is not personal, it’s a total reflection of the talent within our Franchise Support Center!.”
According to Franchise Registry by FRANData, Juice It Up!’s inaugural FUNDTM score of 880 is in the top 10 percentile of all evaluated franchised brands. The FUND™ Score is a groundbreaking new risk evaluation system that develops a single cumulative score that offers lenders the ability to measure risk across franchise brands using a common scoring model. The FUND™ score is the best predictor of the future performance of a franchise system that publicly available information can provide.
In 2021, Juice It Up! total system sales (TSS) increased by 29% compared to 2020 and same-store sales (SSS) were up 26.3%, resulting in an increase of more than 50% in average store sales since 2019. The top 20% of Juice It Up! locations reached $877,933 in AUV, while the top 50% ended 2021 with an AUV of $730,339.
Juice It Up! has opened five new locations through May.
SOURCE Juice It Up!
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