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    Rush Bowls

    Description

    What to know about Rush Bowls franchise?

    Rush Bowls offers wholesome, all-natural high-quality bowls and smoothies made from acai, fruit, organic granola and other ingredients. Rush Bowls is a franchise concept in the Food and Beverage industry.

    Investment Amount

    $222K-$568K

    Franchise Fee

    $45,000

    Year of Founding

    2004

    U.S. Franchised Units

    35

    U.S. Corporate Units

    1

    Total U.S. Units

    36

    Questions & Answers

     

    Why should you become a franchisee?

    Post-COVID long term societal changes in our favor:

    • Greater attention being paid to personal health – and by extension healthier eating;
    • Greater demand for “grab ‘n go” products – the only way we serve RUSH BOWLS;
    • Return of workforce to Small Offices/Home Offices(SO/HO) – neighborhoods where we open.

    What is the background / history of the franchise?

    Andrew Pudalov was a Wall Street exec who gave it all up after 9/11 to live a different lifestyle in Boulder. CO.  He then perfected the RUSH BOWLS recipe and opened one store near the University campus in Boulder and was successful from Day 1, and still is. Unique circumstances allowed Andrew to franchise RUSH BOWLS in 2015. Since then we have opened 30+ units with another 100+ commitments.

    What is the business model?

    We produce and serve RUSH BOWLS blended frozen fresh fruit bowls in a small “Grab ‘n Go” storefront. Foot traffic, catering and delivery are the revenue sources.

    Who is an ideal franchisee candidate?

    Anyone with a passion for health, wellness and fitness who can build teams, manage from afar shift workers, and has a PIONEERING mentality towards building a brand.

    What is the franchise approval process (how to become a franchisee)?

    Once an inquiry is received, the candidate is qualified via a series of phone conversations. An FDD is sent for evaluation and review; then a Pro Forma worksheet session is held; candidates also need to visit a store, talk to owners and the support staff. We facilitate meetings in person OR virtually.

    Additional Information:

    Visually, candidates can think of our business model as a 3-legged bar stool that they’ll sit on top of and manage without the need for a full-time salaried manager. Can be done because the 3 legs are labeled:

    • SIMPLICTY
    • FLEXIBILITY
    • TRANSPARENCY
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    * Closed includes terminations, non-renewals, and ceased operations

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    Additional Details

    Where was Rush Bowls founded?

    Rush Bowls was founded in Boulder, Colorado.

    When did Rush Bowls start offering franchises

    Rush Bowls started offering franchises in 2015.

    How much does a Rush Bowls franchise cost?

    The minimum amount required for a franchisee to invest is $222,500, and can go all the way up to $568,500.

    How many Rush Bowls units are in the United States?

    There are 24 Rush Bowls locations in the United States, of which 3 are corporate units and 21 are franchise units.

    From the Franchise Disclosure Document of Rush Bowls, that was issued on April 29, 2020.

    Rush Bowls restaurants operate retail stores that offer wholesome, all-natural high-quality bowls and smoothies made from acai, fruit, organic granola and other ingredients, under the name “Rush Bowls®”.

    Franchise Request

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    Details
    • Investment Amount Low

      $222,500

    • Investment Amount High

      $568,500

    • U.S. Franchised Units

      35

    • U.S. Corporate Units

      1

    • Total U.S. Units

      36

    • Year of Founding

      2004

    • Started Offering Franchises

      2015

    • Primary Industry

      Food

    • Marketing Fee

      2.0% Local Only

    • Royalty Fee

      5.0%

    • Franchise Fee

      $45,000

    • Item 19 - Franchise Financials Disclosed?

      No

    • Headquarters (State)

      Colorado

    • Headquarters (City)

      Boulder

    • Issuance of FDD (Data Last Updated)

      4/29/2020

    • Min. Liquid Capital Requirement

      $100,000

    • Min. Net Worth Requirement

      $350,000

    • Last Updated on Vetted Biz

      November 2020

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    What are your goals in opening a business?

    Flexibility
    Financial Gain
    Quality of life
    Challenge Myself
    Be my own boss
    Get a Job

    Location

    11031 Sheridan Blvd, Westminster, CO, USA

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    Detailed Metrics

    Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Rush Bowls below. “N/A” or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

    U.S. Franchised Units

    35

    U.S. Corporate Units

    1

    Total Number of Units

    36

    Franchise Request

    By clicking the button, you agree to Vetted Biz’s Terms of Use and Privacy Policy and consent to receive notices and other communications electronically.

    SBA Loan Data

     

    SBA Loan for Rush Bowls Details

    Please visit the SBA Loan Franchise Directory for the latest details on each franchise and its SBA loan eligibility.

    Vetted Biz has reviewed the SBA Loan Data for Rush Bowls. Rush Bowls is available for SBA financing. Rush Bowls's SBA Franchise Identifier Code was issued on January 17, 2018. Rush Bowls also meets the Federal Trade Commission's definition of a franchise.

    SBA Loan Information
    • Loan Eligible for SBA financing (listed on SBA Franchise Directory)?

      Yes

    • Meets the FTC's definition of a franchise?

      Yes

    • Franchise Identifier Code for SBA Loans

      S2422

    • Issuance Date of Identifier Code

      January 17, 2018

    • Addendum Required for SBA Financing?

      Yes

    • SBA Standard Addendum (Form 2462)

      Yes

    • SBA Negotiated Addendum

      No

    • FDD Issuance Date

      4/29/2020

    • Last updated on Vetted Biz

      November 2020

    Receive more information on how to obtain an SBA loan

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    Detailed SBA Loan Data Request

    Contact us today for a due diligence on all current and past SBA Loans issued to Rush Bowls

    As part of our due diligence process for franchises, we review the SBA loan success ratio. This is a fundamental indicator for measuring past success for a given franchise brand. We review SBA loan data for the past 30 years (including SBA loans paid in full and charged off). If you engage our services, we will vet Rush Bowls for items that influence the business success should you decide to buy a Rush Bowls franchise. The SBA loan success ratio is an important factor we consider along with other items included on our franchise search & due diligence page.

    Contact us today

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