An established and well-run juice bar can easily generate over $50,000 in profits annually. Sales increase if anyone can walk in and buy something, not just gym members. However, prices depend on the gym’s membership base. A bar must rely on sales volume if the gym caters more toward working-class customers. Estimating average start-up costs range from $10,000 to $50,000.
Starting a Juice Bar in Your Gym
Getting a smoothie bar started in your gym requires planning – research costs, decide on your market and profit potential. You’re building a business within your business. Profit margins for juice bars are bigger than other restaurants because expenses are lower. The average yearly revenue ranges from $100,000 to $600,000. They can bring community to your gym.
Growth of Juice Bars in the Fitness Industry
The juice bar industry is worth $2.4 billion in 2021, expected to grow 2.7%. As gyms become community spaces, a juice bar adds healthy fare that supports an active lifestyle.
First, have an amazing fresh fruit display. Second, use a real cold press juice machine. Third, decorate your juice bar based on its theme.
Juice Bars’ Profit Margins
Profit margins range from 50% to 70%. This factors in expenses like labor and overhead costs besides ingredients.
On average, yearly juice bar revenues range from $100,000 to $600,000. The $2.4 billion juice bar industry is projected to grow nearly 3% in 2021. Their lower expenses compared to restaurants also increase profit potential.