Why is Rush Bowls such a popular restaurant franchise? The results are in: According to a longitudinal study conducted by researchers at Harvard University between 1999 and 2016, Americans have made a conscientious choice to eat healthier. The study, which tracked 44,000 people, found that most participants improved on a 100-point Healthy Eating Index by a considerable amount.
This dietary change is due in large-part to a higher intake of high-quality carbs, plant-based protein, and a lower intake of sugar – all of which you can find at a Rush Bowls franchise near you. The Colorado-based franchise is a fresh take on the fast-food franchise industry, offering a wide assortment of healthy choices packed into a delicious bowl. Find out below how one Colorado location grew into over 100 locations worldwide with more on the way.
The Rush Bowls Franchise Story
Andrew Pudalov knew he needed a change. The New York City banker etched out a highly successful career as Global Head of Fixed Income Derivative Trading at National Australia Bank, but wanted to pursue his passion – a healthy eatery that all could enjoy. In 2004, Pudalov, his wife, and their two small children moved to Boulder, Colorado in order to make their dream a reality. Pudalov founded Boulder’s first all-natural bowl/smoothie bar in the fall of 2004 and never looked back.
While Rush Bowls continued to earn national acclaim for its delicious, yet healthy fast-food options, the eatery wouldn’t fully enter the franchise space until 2015. In the winter of 2015, Pudalov partnered with legendary franchise operator Dewey R. “Buddy” Brown. An industry veteran with over 30 years of experience under his belt, Brown owns and operates close to 300 Carl’s Jr. and Hardee’s restaurants.
The prolific franchisee has won numerous awards including the Founder’s Trophy for Franchisee of the Year in 2002 and 2008, the Sales Building Award for largest sales increase in 2008, 2013, 2014, and 2015, Developer of the Year in 2015, and Carl’s Jr. Franchisee of the Year in 2013 and 2015. Brown instinctively found Rush Bowls when he noticed the shift in American eating habits. It didn’t take long for Brown to convince Padulov that he could take Rush Bowls to the next level.
While Rush Bowls only had nine franchise outlets in operation for the entire 2018 fiscal year, Brown’s expertise proved to be dynamite for the growth of the business. The healthy fast-food franchise signed 12 development deals in 2018 and had inquiries for another 47. Rush bowls now has over a 100 franchise outlets at various stages of development and operation – an incredible growth rate!
Why are Entrepreneurs So Interested in Franchising with Rush Bowls?
1. A Growing Industry
The Rush Bowls franchise has a stake in several fast-growing business sectors. Spanning the $384 million health-centric fast casual food industry, $500 million acai berry industry, and $1 trillion health food industry, Rush Bowls seems poised for strong growth for the future, especially given the enduring popularity of the acai bowl trend.
2. A Solid Economic Model
Rush Bowls franchise units boast an efficient economic model, market popularity, and low overhead costs, potentially offering the opportunity for entrepreneurs to turn a healthy profit.
3. A Simple and Flexible Operation
The fast-food franchise also offers a simple, flexible business model that only needs blenders and freezers to produce sales, as well as a footprint that requires only low-cost build-outs and minimal overhead costs. These factors, overall, make Rush Bowls a great option for entrepreneurs seeking a franchise that’s relatively easy to setup and run.
4. Strong Corporate Support
Entrepreneurs also benefit from solid corporate support from the Rush Bowls franchise, including training, regular franchisor-franchisee meetings and support for operations, marketing and management.
5. A Great Opportunity for Health-Minded Entrepreneurs
Finally, the Rush Bowls franchise is ideal for health-minded entrepreneurs, offering them an opportunity to work for a popular brand in the fast-growing healthy foods industry.
Initial Franchise Fee: $45,000
Per the 2019 Rush Bowls FDD, the initial franchise fee is $45,000. The fee is uniform, non-refundable and payable when the franchisee signs the agreement with the franchisor. The franchise fee is payment for pre-opening assistance offered by the franchisor to the franchisee.
Monthly Royalty Fee: 5%
The monthly royalty fee amounts to 5% of gross sales, though it may vary for non-traditional locations. The royalty fee is due on Friday of each week and encompasses the gross sales during the previous week.
Estimated Initial Investment Cost: $235,000 – $577,000
|Name of Fee||Low||High|
|Initial Franchise Fee||$45,000||$45,000|
|Real Estate and Building (3 months rent)||$80,000||$320,000|
|Signs, Seating, Equipment, and Decor||$4,000||$12,000|
|Miscellaneous Opening Expenses||N/A||N/A|
|Travel and Living Expenses while training||$10,000||$12,000|
|Additional Funds (3 months)||$20,000||$32,000|
Average Revenue Per Location: N/A
Rush Bowls does not disclose any average revenue per location in their Franchise Disclosure Document.
According to their 2019 FDD: “We do not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet.”
Rush into a Great Franchising Opportunity
The Rush Bowls franchise is likely to continue to grow into the future as more and more consumers opt for healthy meals on the go. As the number of health-conscious consumers continues to grow, the fast-food franchise appears poised for even more success.
For entrepreneurs, Rush Bowls offers a prime opportunity to cash in on recent market trends and open a franchise unit with minimal overhead costs, maximum flexibility, and a solid economic model. It might just be an opportunity that’s too delicious to pass up!
For more information on Rush Bowls, check out their client page on AskMrFranchise.com.
Disclaimer: The above information was derived from the year 2019 FDD of Rush Bowls. This data may not reflect the most current information. AskMrFranchise and affiliates are not responsible for any act or failure to act in reliance upon this report, article, data, and/or information. None of the information mentioned above should be used to substitute or replace consultation with legal or other professionals
By Steve Longo, Tyler Dikun and Jim Notaris