PG Gear Live With Investor Discount + New Miami Location + Financing for Franchisees + Chicago Grand Opening Invitation
Dear Pure Green Franchise Investors,
We are incredibly grateful for all your support and we hope you and your families are healthy and safe. We have some big investor updates for you within this update and of course we have much more in the works that we will be announcing soon. As always, I'll be keeping you well updating on everything that we are working on and I'll be sending you our next update soon.
Here are some things that we have in the works:
- New Pure Green Corporately Owned Locations - we are working on securing new corporately owned Pure Green locations in New York and Florida. We are in lease negotiations for some amazing locations. We just signed the lease for our first Miami location, see below for details.
- Social Media Growth - Our Instagram account @puregreenfranchise hit over 50k followers. We now have 53k followers at the time of this update. We have some stunning new images and videos that are being edited now and we will soon be posting on our @puregreenfranchise IG account. Make sure you are following us on instagram at @puregreenfranchise and Facebook at https://www.facebook.com/puregreenfranchise
- Franchise Leads - In the last few months, we have received over 300 potential franchise leads. We are continuing to streamline our franchise lead process. We are using DocuSign for for an automated franchise application. We are doing virtual discovery days to showcase our store operations to franchisees and we have secured a strong finance partner offering financing to our franchisees—see below for details.
- Scaled Cold Pressed Juice Shipping - We are in the process of revamping our sister site puregreen.com and will be offering a new streamlined ordering system with a scaled shipping model later this month.
Now on to the updates:
PG Gear Now Live
We are excited to announce that we have launched PG Gear on puregreenfranchise.com.
Check it out here: https://puregreenfranchise.com/pg-gear
PG Gear is our apparel line that includes men's apparel, women's apparel, kids apparel and other PG branded gear items. We hired a former fashion designer for Ralph Lauren to create Pure Green inspired designs. We have many more products in the works and we will be adding more products to PG Gear on an on-going basis.
Republic investors receive 15% off any item. Just make sure to enter REPUBLIC15 at checkout.
New Pure Green Miami Location in Sunset Harbour
We just signed a lease for a new corporately owned Pure Green location in Sunset Harbour, Miami Florida. The location is located at 1915 Purdy Avenue and is situated on a high traffic block surrounded by strong anchor tenants including Fly Wheel on one side of the store and Barry's Bootcamp just a few stores down. There are high-end residential buildings directly across the street as well as the Sunset Harbour Yacht Club.
This is a second generation location, it used to be a former gelato shop. As a result, all of the electric and plumbing is in place so this will be a fast build-out. We are projecting to open Pure Green Sunset Harbour in mid September, 2020.
Pure Green Sunset Harbour is a small store, only 550 square feet which is all we need. While we are still finalizing the design, here is a sneak peek of some of the design renderings:
Financing for Franchisees Secured
We secured a new finance partner for a variety of financing options for our franchisees. We partnered with Guidant Financial to be our preferred financing partner. While we have a minimum financial criteria for franchisees of a 300k net-worth and 100k in liquidity, we are accepting franchisee applications from franchisees that are approved for an SBA loan through Guidant Financial. Franchisees can secure an SBA Express loan for up to 150k in financing for a 10 year term with low interest rates.
Our process for potential franchisees starts with filling out an application with us at:
After franchisees apply with us, they can see if they qualify for financing at:
Chicago Grand Opening
The grand opening of Pure Green Chicago will be August 12th from 11am to 5pm and you and your families are invited! Here is your invitation, we look forward to seeing you there if you can make it! We hope to meet all of you in person, if you can't make the Chicago opening, don't worry, you will be invited to many more Grand Openings to come!