RoboJuice - this is world’s first Robotics Juice Bar which can make a delicious fresh juice or smoothie in just 30 seconds and do it with culinary excellence.
We are a Resident at the Mass Robotics lab in Boston
Where we designed:
A robotics arm drive
A self-cleaning blender for RoboJuice
And a working prototype version of RoboJuice
Received 50+ franchise inquiries and several patent applications
The global market size for juice and smoothies is equal to $15B per year, and the U.S. domestic market size for fresh juice and fresh smoothies is equal to $5B per year.
Problem or Opportunity
Juicing industry has a number of issues.
Traditional style juice parlors, such as Jamba Juice, Smoothie King and others:
To prepare juices, they use frozen fruits (which is not a healthy ingredient) .
High initial investment - for instance, to open a Jamba Juice location, one has to invest $ 300K and pay an extra $30K as the initial franchise fee. Long-time waiting for an order to be ready. Mistaken or inaccurate orders.
High operating costs: to get the business up and running, you need a lot of manual labor. Labor cuts profits by more than 50%.
Automated juicing tech such as Blendid from San Francisco
They also use frozen fruits
They use expensive robots for automation
A limited menu – Blendid makes only smoothies because making juice is more difficult
Solution (product or service)
Robo Juice can do it better because:
RoboJuice will be affordable for operators. Our kiosks will eventually be offered at the target price of $30K
It takes 10 timeless floor space than traditional juice stations
It prepares juice 5 times faster than other automated juice stations
It will make healthy juices only from fresh ingredients
The robot will remember our customers’ preferences and give them personalized suggestions.
He’s just funny and friendly to chat with him
Advantages or differentiators
However, none of them offer a healthy product made from fresh organic ingredients, interactive customer experience, fast preparation speed, and a wide-ranging menu.
Robo Juice own location
16oz: $5 price
1 Day sale: 250 cups
1 Year: $456K