Whole Foods Franchise: Can You Own One?
Whole Foods Market. A popular grocery store in high demand, that caters to those wanting to have a healthy lifestyle and eat plant-based, organic or local. Anyone can shop there for weekly groceries or to pick up a wholesome, prepared meal on-the-go. This chain of supermarkets rose to stardom back in 2013 when they became the first grocery store chain to label all food made with genetically modified organisms or GMO’s.
A Little Background Info
The notion of a health food supermarket allowed Whole Foods to pioneer the concept to the masses back in 1980 in Austin, Texas. The idea was to create a store filled with natural, wholesome foods that was comfortable and inviting to those who chose to eat wholistically, or to those new to the concept and wanted something more than a health food store. Whole Foods fit the bill. They wanted to change the way people ate and promote sustainable, and ethically sourced meats and products. The momentum began building in the 90’s when the tides turned and awareness about foods and sourcing whet the appetites of folks who wanted natural alternatives and were willing to pay more money to eat foods that were better for them. Whole Foods was safe and required little to no homework for shoppers. They did not have to worry about ingredient labels as they knew they could trust the options at Whole Foods.
The brand has performed amazingly well over the 40 years it’s been open because the wellness industry has exploded over the past few decades. This year, for example, the health and wellness foods market in the U.S. is estimated at $298.3 billion, which comprises 35% of the global market.
And Whole Foods, itself? Some financials show annual profits coming in at about $507 million. That’s a substantial chunk of change for Amazon who purchased Whole Foods back in 2017 for $13 billion.
Whole Foods Franchise?
Now that we’ve dangled the carrot, and shown you how impressive the Whole Foods concept is, if you are an entrepreneur interested in starting a business in the health food market, don’t put Whole Foods franchise on the list of brands to research. It does not exist as a franchise. Interestingly, if there were a Whole Foods franchise, the franchise fee would be estimated at about $40,000. Keep in mind, there would be additional substantial costs for building construction which is estimated to hit at up to $5,000,000. But again, this is a pipe dream since there is no Whole Foods franchise in existence.
There are Alternatives
There are, however, many options in the healthy food venue that are alternatives. Keep in mind, healthy, wholesome, and organic are trending buzzwords that are growing in popularity as health and wellness are top of mind for many Americans. More people than ever before are prioritizing a healthy lifestyle and spending money on their overall wellness, including being more conscientious of what they are eating and putting in their bodies. Wellness has moved to the top of the priority list.
What we eat matters. That’s why doctors and nutritionists continue to stress the importance of adding more whole foods, like fruits and vegetables instead of supplements, to correctly fuel our bodies with the best naturally occurring vitamins and nutrients. Health experts believe that including more whole foods in our diets will go a long way in improving health and preventing disease. Keep in mind, whole foods are as nature made them, without added fat, sugar, or sodium.
SoBol is the Healthy Franchise You’ve Been Looking For
While you may not be able to own a Whole Foods Market, you can deliver healthy foods to customers and create a lucrative business opportunity for yourself in the process. There are any number of possibilities like food trucks, farm-to-table restaurants or even growing franchises like SoBol.
SoBol is an acai bowl smoothie café and healthy food franchise, delivering delicious and nutritious offerings that are heart-healthy, all natural, and fresh on a completely customizable menu. We are experiencing year over year growth thanks to our great tasting options that customers love, which is why they keep coming back for more.
As a franchisee with SoBol, you will receive top notch training from franchise leaders who are dedicated to your success. An affordable $30,000 franchise fee gets you in business with our healthy franchise.
Although a Whole Foods franchise seems appealing, the global smoothies market size is $12.10 billion and anticipated to hit $17 billion by 2027, a very appealing alternative to a health food grocery store.
If you would like to learn more about the SoBol brand, our mission and financials, fill out and submit this franchise form and we’ll get the conversation started.