Prospective Franchisees for JAMBA JUICE® Stores Gain Easier
Access to a Healthy Opportunity
Jamba, Inc. (NASDAQ:JMBA) today announced that the U.S. Small Business
Administration (SBA) has listed Jamba Juice on its official Franchise
Registry. The registry is an online listing of franchise systems whose
franchisees receive expedited loan processing.
“Recognition by the SBA through the Franchise Registry is great news for
us,” stated James D. White, President and Chief Executive Officer,
Jamba, Inc. “A streamlined loan approval process for potential franchise
owners should allow us to proceed even more assertively with our
refranchise and franchise development plans.”
As previously announced on May 28, 2009, Jamba Juice plans to
refranchise up to 150 company-owned stores, primarily outside of
California, and has plans to add up to 50 new franchise locations by the
end of 2009, primarily at non-traditional venues such as airports and
schools. This franchising activity supplements the over 230 currently
operating franchised stores. As a franchisor, Jamba Juice provides
training, support and guidance, including its expertise and materials
for, among other things, site selection, purchasing, quality control,
business development, and advertising and promotions. The Company is
actively developing its franchise growth strategy and believes there are
potential opportunities for at least 2,700 total stores in the U.S.,
with traditional franchise store growth targeting multi-unit operators.
“Americans are recognizing that healthy eating, an active lifestyle, and
fast food are not incompatible,” continued Mr. White, “being listed on
the SBA Franchise Registry means that franchise investors looking to
capitalize on the Jamba Juice business opportunity will be able to move
through the process more efficiently.”
Fruit smoothies and fresh juices demonstrate how the modern-day consumer
can keep up with their hectic life and grab a nutritious snack on the
go. Earlier this month, the Company expanded its food and beverage
offering in over 222 California locations with good-for-you grab and go
food, flatbreads and fruit tea infusions. Jamba’s efforts are not going
unnoticed as it was recently recognized as the number one healthy option
in the quick refreshment category and placed among the top five most
popular quick refreshment chains in Zagat’s 2009 Fast Food Survey.
To learn more about franchise opportunities contact Jamba at http://www.jambajuice.com/#/us_franchise.
