Palm Berries franchise
2023 filing · May 18, 2023Shares sales figures
Palm Berries at a glance
A cafe serving acai and fruit bowls, smoothies and other healthy menu items. At the end of 2022 there were 3 Palm Berries locations in the US, all company-owned.
The business
- Franchisor
- Palm Berries Franchise, LLC
- The company that sells the franchises
- Current franchisor selling since
- 2022
- Franchisor based in
- Denver, North Carolina
- Typical size
- 1,200–1,500 sq ft
What you pay
- Cost to open
- $221K–$514K
- Fee, build-out and opening working capital
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 5%–6%
- 5% of gross sales for the first two years and 6% after that, paid weekly; a national marketing contribution of up to 1% is not collected yet
- Brand fund
- None now
- Up to 1% of gross sales; not charged at present
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 7 years
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 3
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 3
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in North Carolina
Support and records
From Palm Berries Franchise, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Palm Berries among all franchises with the same figure.
| Figure | Palm Berries | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $367,250 | Costs more than 51% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 3 | Fewer than 78% of franchises |
How much a Palm Berries franchise costs
Opening one Palm Berries costs an estimated $221,000 to $513,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements/buildout ($75,000 to $300,000) and furniture, fixtures, & equipment ($50,000 to $60,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Lease Deposit and Payment | $10,000 | $15,000 | |
| Utility Deposits | $1,000 | $1,500 | |
| Initial Inventory | $10,000 | ||
| Furniture, Fixtures, & Equipment | $50,000 | $60,000 | |
| Leasehold Improvements/Buildout | $75,000 | $300,000 | |
| Signage | $15,000 | $30,000 | |
| Grand Opening Advertising | $5,000 | ||
| Insurance | $1,500 | $4,000 | |
| Permits and Licenses | $1,500 | $5,000 | |
| Accounting and Legal Fees | $1,000 | $2,000 | |
| Travel and living expenses while training | $1,000 | $6,000 | |
| Additional Funds – 3 months | $15,000 | $40,000 | |
| Total | $221,000 | $513,500 | |
Source: Palm Berries Franchise, LLC, 2023 filing, page 14
Palm Berries franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: Palm Berries Franchise, LLC, 2023 filing, page 10
Royalty and ongoing fees
| Royalty | 5% of gross sales for the first two years and 6% after that, paid weekly; a national marketing contribution of up to 1% is not collected yet. |
|---|---|
| Brand or marketing fund | Up to 1% of gross sales; not charged at present. |
| Franchise Transfer Fee | $10,000 |
| Renewal Fee | $5,000 |
| Additional Training | Our then-current fee, currently $250 per day, plus expenses |
| Local Advertising | 2% of your Gross Sales2. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Palm Berries Franchise, LLC, 2023 filing, page 11
Other fees as filed, from pages 11–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Palm Berries publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Palm Berries Franchise, LLC, 2023 filing, page 40
How Palm Berries compares
Of the 60 smoothie franchises on this site, Palm Berries is the 27th cheapest to open and the 52nd largest by number of locations.
| Figure | Palm Berries | Typical smoothie brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $221K | $227K | $222K |
| Cost to open, high end | $514K | $519K | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| US locations | 3 | 20 | 21 |
| Shares earnings figures | Yes | 45 of 60 | 2,147 of 3,352 |
Typical is the median across the 60 brands in smoothie franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 3 | 0 | 0 |
| 2022 | 0 (0) | 3 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: smoothie and juice franchise costs, acai bowl franchises and franchise failure rates.
Source: Palm Berries Franchise, LLC, 2023 filing, page 43
Where Palm Berries locations are
At the end of 2022, Palm Berries had locations in 1 state. The most are in North Carolina.
- North Carolina3
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| North Carolina | 0 | 3 | 3 |
Source: Palm Berries Franchise, LLC, 2023 filing, page 43
Who owns Palm Berries?
Palm Berries franchises are sold by Palm Berries Franchise, LLC. Its filing names no parent company.
From Palm Berries Franchise, LLC’s 2023 filing, page 8.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Palm Berries Franchise, LLC, 2023 filing, litigation on page 10, bankruptcy on page 10
Palm Berries filings
The figures on this page come from Palm Berries Franchise, LLC’s 2023 filing, issued May 18, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | May 18, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other smoothie franchises
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Palm Berries is also on these lists: health and wellness franchises, food franchises.