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Pure Green Franchise isn't accepting new investments

Pure Green Franchise’s deadline was June 30, 2020

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Pure Green Franchise

One of the fastest-growing juice and smoothie bar franchises in the U.S.
B2C Drinks
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Featured image of Pure Green Franchise
Fully Funded
$1,070,000
Raised
5,066
Investors
Successfully funded and closed on June 30, 2020.
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Closed on June 30, 2020. Information may not be up-to-date. Campaign closed on June 30, 2020. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Pure Green Franchise Corp. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Pure Green Franchise Crowd SAFE Pure Green Form C-A 6-1-2020.pdf
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Hear from some of the 5,066 investors in Pure Green Franchise


Show more

Highlights


$1M+ raised
Company has previously raised over $1M in capital
$1M+ revenue
Company had over $1M in revenue in the past 12 months
  • 5 Pure Green retail locations in NYC with more underway nationwide
  • Nationally recognized brand in 30+ states through separate wholesale entity
  • ~$3MM total revenue in 2019, ~$1MM year-over-year growth from 2017-18
  • Master franchise structure for better support and rapid national growth
  • Menu features handcrafted smoothies, acai bowls and cold pressed juice
  • Founder has a solid track record of building successful wellness brands

Problem


People know they should eat healthy, but lack accessible options 

The global obesity epidemic is rampant with two billion people either overweight or obese. It is no surprise that nine out of every 10 Americans have a diet that is too high in sodium, refined sugar or trans fats and 75 percent of Americans don't eat enough fruits, vegetables and healthy fats. Processed foods are now considered one of the greatest causes of death and disability in America, and one out of every three people who suffer have poor diets.  

The demand for healthy products is soaring, and people now place a higher premium on their health than ever before. However, misinformation in the general media and the emergence of confusing and transient diet fads like keto, paleo, and low carb diets make it difficult for most people to know where to turn for healthy options. 

One trend that has remained true and consistent over the years is superfoods. Superfoods are nutrient dense foods that ounce for ounce contain exceedingly high concentrations of rich and vital nutrients. Yet, convenient locations where people can access high quality superfoods in the United States are few and far between.

Solution


Superfood nutrition combined with unparalleled taste

Enter the world of Pure Green Franchise. Pure Green Franchise is a juice bar franchise on a mission to build healthier communities around the globe and make Superfoods conveniently available. Pure Green's menu features handcrafted superfood smoothies, acai bowls, pitaya bowls, superfood infused steel-cut oatmeal bowls, cold pressed juice and cold pressed juice shots. Pure Green sources the highest quality ingredients with superfoods from around the world and has formulated products that fuel optimal performance with an unrivaled flavor profile.

Pure Green was founded in 2014 by wellness entrepreneur, Ross Franklin. Pure Green started with a single brick and mortar retail location in New York City and has since developed into an iconic omni-channel brand with national presence in 30+ states through its wholesale division and global plans for expansion through Pure Green Franchise. 

While the wholesale business (Pure Green International Corp.) is separate from the franchise business, Pure Green's multiple divisions provide a distinctive advantage for its franchise division by streamlining the cold pressed juice manufacturing process. Pure Green Franchise offers direct ordering for Pure Green franchisees which is a distinctive competitive advantage for Pure Green Franchise.

Product


Products with unparalleled taste & nutrition

With the mission to build healthier communities around the globe, we know taste is paramount. That's why we formulated all Pure Green products to have unparalleled taste and the highest levels of nutrition from our superfood ingredients in all Pure Green products.

Traction


~3MM total revenue from 5 retail locations

Pure Green retail stores have developed a devoted following of brand evangelists in New York City, one of the most competitive cities in the world. Pure Green cold pressed juice is sold in high-end hotels throughout the United States, consumed by dozens of professional sports teams and distributed to marquee locations across 30 states. The first Pure Green location opened in October of 2014 and grew to five corporately owned locations generating ~3MM total revenue in 2019 and increased year-over-year revenue by ~1MM from 2017 to 2018. Pure Green is now offering franchises across the United States and is aiming to open 50 franchised locations by December 31st, 2020. 

Customers


Standards for guest hospitality


Pure Green refers to customers  as "guests"

Warm, friendly and an engaging guest experience is at our core with a prime focus on hospitality and educating our guests on the benefits of the superfoods in all of our products. We have created an institute called Pure Green University (PGU) to teach and reinforce our standards for hospitality.

PGU teaches Pure Green team members and new franchise partners our standards for hospitality as well as our internal systems and processes for day-to-day operations. At PGU, the focus on the guest experience is paramount. 

At Pure Green, we refer to the people who walk through our doors as guests, which has more of a hospitality driven sentiment. We train our team to not refer to people as customers, which has more of a transactional feeling. 

"The goal is for us to treat every guest that walks into a Pure Green location like you would treat a friend in your own home." 

- Ross Franklin, Founder & CEO of Pure Green Franchise

The demographic of Pure Green fluctuates depending on where a store is located. Pure Green locations that are situated in corporate areas attract a stronger corporate crowd while locations in stronger residential areas, attract fitness enthusiasts, health conscious consumers and people looking to move toward a healthy lifestyle. 

Ideal target markets for Pure Green locations are based on high volume traffic areas. Corporate sectors, college towns and locations anchored by strong fitness centers and health oriented supermarkets are prime locations to open a Pure Green.

Business model


Scalable national master franchise model

Pure Green Franchise has five locations open in New York City with one location in construction and two additional corporately owned locations planned to open this year. Franchise locations are in development throughout Florida and Chicago, and we plan to enter five new states this year.

Pure Green Franchise encompasses a master franchise structure with plans for sub-franchisors in every state. Pure Green Franchise has already secured relationships with multiple sub-franchisors with groups that own or operate 100+ franchise units from one of the largest franchisors in the world. 

Pure Green sub-franchisors add an additional layer of boots-on-the-ground support for Pure Green franchisees to ensure they receive the highest level of training, development and on-going support while minimizing the corporate overhead expense for the company. Sub-franchisors are also required to drive the sales of new franchisees within their respected territories. 

Pure Green franchisees pay an initial $30,000 franchise fee per unit, a 6%-7% royalty on gross revenue to Pure Green Franchise plus a national marketing fee of 2% gross revenue. One third of the royalty and half the franchise fee go to the sub-franchisor in the territory where franchisee opens.  To date, two sub-franchisors have been secured. The sub-franchisor model is considered to be a more rapid strategy to grow a franchise and also requires less corporate overhead compared to the traditional franchise model. 

Market


The market is 'ripe' for Pure Green Franchise

Believe it or not, McDonald's and Burger King are not the largest franchises by store units. Subway is the largest QSR (Quick Serve Restaurant) franchise in the world with 42,000 store units. McDonald's and Burger King have 33,000 and 13,000 store units respectively.

The traction in the market achieved by Subway as a franchise speaks volumes to the opportunity of what is possible within the healthy QSR franchise sector. 

Pure Green believes that the franchise market is ripe for a new healthy franchise to emerge and dominate the franchise industry. We have our sights set on becoming the pre-eminent healthy franchise in the world.

Competition


Distinctive advantages against the competition

Pure Green has distinctive advantages over other juice bar franchises:

1. Low initial investment for franchisees

Pure Green has a low initial investment compared to other juice bar franchises. This is a direct result of Pure Green franchisees not having to purchase expensive juicing equipment which helps to lower the start-up cost to open a Pure Green franchise.

2. Healthier products over the competition

Pure Green has lower sugar and calories in its products compared to other competitors. In addition, Pure Green products include nutrient dense superfoods in all its products.

3. Nationally recognized brand

With Pure Green cold pressed juice being sold in over 30 states through our wholesale division, brand awareness is high which is beneficial for franchisees opening in new markets. 

Vision and strategy


Building healthier communities around the globe

The vision for Pure Green started with our mission to transition the mainstream population into a healthy lifestyle and has evolved into building healthier communities around the globe.

We have committed to the goal of signing on 50 new franchisees in 2020 and we are focused on doubling our total number of franchisees every year thereafter. 

Funding


$1,796,000 raised to date*

*The business of the company was previously operated as part of Pure Green International Corp, which raised $1,796,000 through the issuance of convertible promissory notes. The company spun out of Pure Green International Corp and operates as a separate entity. 

Since becoming a separate entity, the company has not conducted any capital raises. With additional funding we will be able to scale the business with the target of 50 signed franchise locations by the end of 2020.

Founders


Meet Ross Franklin

Ranked as one of the top five wellness entrepreneurs in 2019 by Thrive Global, Ross Franklin, has two decades of experience building top tier brands within the health and wellness industry. Read Franklin's Superheroes profile on Republic.

Franklin is a featured keynote speaker and sought after presenter at industry events like JuiceCon hosted by Good Nature, the annual cold-pressed juice conference which took place in Miami, Florida last year.

Pure Green is a strong supporter of eco and sustainability. We partner with Beam Impact to allow our guests to select charities that are focused on community-based recycling and composting programs. Pure Green franchise donates 1% of revenue from Beam Impact users and gives to worthy foundations like the Lower East Side Ecology Center which works toward a more sustainable New York City.

Deal terms


Minimum investment

$100

The smallest investment amount that Pure Green Franchise is accepting.
Learn more

Funding goal

$1.07M

Pure Green Franchise must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Pure Green Franchise needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Pure Green Franchise Corp. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Pure Green Franchise Crowd SAFE Pure Green Form C-A 6-1-2020.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Pure Green Franchise.
Invest
$100
Receive
  • Personal thank you note from our Founder
Invest
$250
Receive
  • Personal thank you note from our Founder
  • Listed as an early investor on our website (optional)
Invest
$500
Receive
  • $50 gift card redeemable at any corporate location and giftable
  • Entry to have our next smoothie named after you
  • Listed as an early investor on our website (optional)
  • Personal thank you note from our Founder
Invest
$1,000
Receive
  • $100 gift card redeemable at any corporate location and giftable
  • Entry to have our next smoothie named after you
  • Personal thank you note from our Founder
  • Listed as an early investor on our website (optional)
Invest
$2,500
Receive
  • Care package of cold pressed juice and shots shipped directly to your home or office (one of every flavor)
  • $250 gift card redeemable at any corporate location and giftable
  • Entry to have our next smoothie named after you
  • Listed as an early investor on our website (optional)
  • Personal thank you note from our Founder
Invest
$5,000
Receive
  • Lifetime discount of 10% off any cold pressed juice delivery
  • Care package of cold pressed juice and shots shipped directly to your home or office (one of every flavor)
  • $500 gift card redeemable at any corporate location and giftable
  • Entry to have our next smoothie named after you
  • Listed as an early investor on our website (optional)
  • Personal thank you note from our Founder
2 investors
Invest
$10,000
Receive
  • Lifetime discount of 15% off any cold pressed juice delivery
  • Care package of cold pressed juice and shots shipped directly to your home or office (one of every flavor)
  • $1,000 gift card redeemable at any corporate location and giftable
  • Entry to have our next smoothie named after you
  • Listed as an early investor on our website (optional)
  • Personal thank you note from our Founder
  • Limited (4 left of 6)
Invest
$25,000
Receive
  • 1:1 call with the founder to discuss metrics, roadmap, etc
  • Lifetime discount of 15% off any cold pressed juice delivery
  • Care package of cold pressed juice and shots shipped directly to your home or office (one of every flavor)
  • $2,500 gift card that can be redeemed in any corporately owned location or gifted to anyone
  • Entry to have our next smoothie named after you
  • Listed as an early investor on our website (optional)
  • Personal thank you note from our Founder
  • Limited (3 left of 3)
Invest
$50,000
Receive
  • Advisory Role - seat at the quarterly advisory meeting and recognition of your role on our website
  • 1:1 call with the founder to discuss metrics, roadmap, etc
  • Lifetime discount of 15% off any cold pressed juice delivery
  • Care package of cold pressed juice and shots shipped directly to your home or office (one of every flavor)
  • $5,000 gift card that can be redeemed in any corporately owned location or gifted to anyone
  • Entry to have our next smoothie named after you
  • Limited (2 left of 2)
Invest
$100,000
Receive
  • Board of Advisor Member - become a board member and recognition on our website
  • 1:1 in person meeting with the Founder + direct and on-going communication
  • 1:1 call with the founder to discuss metrics, roadmap, etc
  • Lifetime discount of 15% off any cold pressed juice delivery
  • Care package of cold pressed juice and shots shipped directly to your home or office (one of every flavor)
  • $5,000 gift card
  • Entry to have our next smoothie named after you
  • Limited (1 left of 1)

Why others invested

See all reviews (0) See all (0)

Pure Green is growing like gang busters even in an economy that is essentially shut down. Imagine what it will do in a recovering economy that is more health conscious because of the corona virus.

Profile picture of Edward Roop
Edward Roop
Active investor
about 5 years ago

The CEO is the most ambitious, caring and driven person I’ve ever met.

Profile picture of Nikki Schlanger
Nikki Schlanger
Investor
over 5 years ago

I personally believe in what the founder is trying to achieve as I see this franchise taking off in the near future as more and more people are wanting to live a healthier lifestyle.

Profile picture of Koa MacDougall
Koa MacDougall
Value-add investor
about 5 years ago

About Pure Green Franchise

Legal Name
Pure Green Franchise Corp
Founded
Aug 2019
Form
New York Corporation
Employees
2
Website
puregreenfranchise.com
Social Media
Headquarters
Google Map location of of Pure Green Franchise
60 East 8th Street , New York, NY
Headquarters
60 East 8th Street, New York, NY, United States 10003

Pure Green Franchise Team
Everyone helping build Pure Green Franchise, not limited to employees

Profile picture of Ross Franklin
Ross Franklin
Founder & CEO
Featured in Superheroes · Read
Ranked as one of the top wellness entrepreneurs in 2019 by Thrive Global, Ross has over two decades of experience building world-class health and wellness brands.
Profile picture of Isaac Cohen
Isaac Cohen
Executive Advisor to CEO
30+ year Owner / Operator of Multinational Businesses; Founder of IMG Holdings Inc ($360MM Global Consumer/IP Platform); COO of Jan-Bell Marketing ("JBM" on NYSE)
Profile picture of Michael  Cecchini
Michael Cecchini
Director of Operations
With a background in Broadway Theater, Michael now leads the show and builds the culture for Pure Green; from leading Pure Green University to franchise operations.
Profile picture of Joshua Kronfeld
Joshua Kronfeld
Development Partner
After serving as CEO for an online fantasy sports company, Josh specialized in sales for professional sports teams for Pure Green's wholesale division. He is also a trained chef in the culinary arts.
Profile picture of Nicole Manigault
Nicole Manigault
Public Relations
Nicole has 10 years of PR experience within the health, fitness and food & beverage sectors. She has a BA from New York University, and is passionate about showcasing brands through PR initiatives.
Profile picture of Ryland  Beard
Ryland Beard
CFO (fractional)
Ryland led the financial department at one of the nation's fastest growing franchises, helping to grow the company from 2 to 60 locations in a little over two years.
Profile picture of Nikki  Schlanger
Nikki Schlanger
Branding / Marketing
Nikki is an experience brand agency leader and CEO of NJS Branding, she specializes in digital marketing, social media strategy, SEO, email marketing, graphic design and website design.
Profile picture of Bruce Newman
Bruce Newman
Finance (fractional)
Accountant with 20+ years of international and domestic accounting specializing in annual reporting, financial statement analysis, audits, sales tax reporting and franchisor accounting.
Profile picture of Jenna Rosen
Jenna Rosen
Social Media / Influencer Marketing
Jenna specializes in growing emerging brands with partnerships, PR, brand marketing, strategy, and developing content for social media channels.
6 more team members
Ross Franklin
Founder & CEO
Isaac Cohen
Executive Advisor to CEO
Michael Cecchini
Director of Operations
Joshua Kronfeld
Development Partner
Nicole Manigault
Public Relations
Ryland Beard
CFO (fractional)
Nikki Schlanger
Branding / Marketing
Bruce Newman
Finance (fractional)
Jenna Rosen
Social Media / Influencer Marketing

Press

Ross Franklin, Pure Green Franchise
Republic Republic
·
Apr 28, 2020

What was the inspiration behind Pure Green Franchise? My inspiration comes from my personal mission to make people health...

Pure Green Positioned for Rapid Expansion Amidst COVID-19
USA TODAY Classifieds - Press USA TODAY Classifieds - Press
·
Apr 15, 2020

Pure Green is the fastest growing juice bar franchise in the US. New York, United States - April 15, 2020 /MarketersMedia...

Why customers are investing in this NYC smoothie franchise
www.fastcasual.com www.fastcasual.com
·
Feb 18, 2020

Pure Green, a New York City-based juice and superfood smoothie chain, is hoping to raise a little green to fuel its ultim...

Pure Green Established Healthy Products, Got Attention fr...
Small Business Trends Small Business Trends
·
Dec 4, 2019

You can find green juice, smoothies and other healthy products just about anywhere these days. But not all of those brand...

Mission Driven Wellness Entrepreneur is Inspiring Healthi...
MarketWatch MarketWatch
·
Oct 23, 2019

Oct 23, 2019 (Analyticawire) -- Wellness entrepreneur, Ross Franklin founded Pure Green in 2014 and he is on a mission to...

Ross Franklin: Founder & CEO, Pure Green - The Native Soc...
The Native Society The Native Society
·
Aug 25, 2016

My NativeAdVice: Bio: The founder and CEO of Pure Green , Ross Franklin, is a wellness visionary with over a decade of ex...

amNewYork editors attempt to tackle one of their biggest ...
amNewYork amNewYork
·
Jul 16, 2015

Juice cleanses are all the rage, but we had never done one. So in the interest of journalism (as well as our curiosity an...

Pure Green Is The Hottest New Juice Bar Franchise
Ideafit Ideafit

Pure Green Is The Hottest New Juice Bar FranchiseHave you ever thought about owning your own business? Buying into a fran...

Top Wellness Entrepreneur's Million Dollar Rolodex
Thriveglobal

According to one of the top five wellness entrepreneurs of 2019, Ross Franklin, Founder and CEO of Pure Green Franchise, ...

All Hail "The King Of Juice"
Thriveglobal

Have you heard of "The King Of Juice?" This entrepreneur has had a hand in taking cold pressed juice mainstream. He has w...

Pure Green Franchise Furthers Its Mission of Inspiring He...
Abc6 Abc6

With a Partnership with Beam Impact where 1% of revenue goes to worthy charitiesNew York - December 2, 2019 - Pure Green ...

The Best Spots For Juice And Smoothies In NYC
Fitt Fitt

Queer Eye fans likely already have this one bookmarked. But whether you're obsessed with the Fab Five or not, Antoni's We...

Show all
Logo of Pure Green Franchise

Pure Green Franchise

Pure Green Franchise successfully raised $1,070,000 from 5066 investors on June 30, 2020
Profile picture of Freddie Mitchell
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Profile picture of JOHN FELGATE
Freddie, James, Gary, Debra, JOHN, and 5061 others invested. 1931 Reviews
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