Joe & the Juice, which generated 20% U.S. system sales growth last year, has big plans. The company, which counts private-equity firm General Atlantic among its sponsors, operates nearly 300 locations worldwide, including 55 in the U.S. at the end of last year, and has apparently been considering an initial public offering. The chain offers a wide variety of beverages, including the Go Away Doc, a drink with carrot, apple and ginger, and the Fibre Active, with avocado, lemon and apple.
| 2018 Systemwide Sales ($000,000) | $45* |
|---|---|
| YOY Sales Change | 20.2% |
| 2018 U.S. Units | 55 |
| YOY Unit Change | 14.6% |
| 2018 Average Unit Volume ($000) | $890* |
| Future 50 Year | 2019 |
| Franchising | Yes |
*Technomic estimate
For more insights from Technomic as well as Technomic’s analysis, growth forecast and more: