Full Answer
How many Smoothie King locations are there?
First opened in 1973, Smoothie King was one of the United State's very first smoothie locations. By 1988, they began to franchise. It now has over 1,000 locations in the U.S. and internationally. These centers don't just make and sell smoothies, but also energy bars, healthy snacks, sports drinks, vitamins, herbs, and supplements.
What is a Smoothie King franchise?
Welcome to Smoothie King! We are the world’s largest smoothie brand and offer an exciting franchise opportunity for you. A business model that's been tested and perfected for over 48+ years And a proven record of success from top rankings on Entrepreneur Magazine's Franchise 500 list for over 28 years
Is Smoothie King based in Texas or Louisiana?
By 2012, Smoothie King was headquartered in Covington, Louisiana. That year, however, the company took advantage of US$2.4 million (equivalent to about $3M in 2020) of incentives to move to Metairie, Louisiana, approximately 40 miles (64 km) to the south. As of August 2021 , Smoothie King was based in Coppell, Texas.
How has Smoothie King changed in the last two years?
In the past two years, we have nearly doubled our team and added experienced professionals to focus on key metrics that drive our momentum. We’ve successfully re-branded Smoothie King and will continue to help franchisees roll out our new brand positioning system-wide.
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How much does a Smoothie King owner make a year?
2021 Smoothie King Median Franchise Sales: $573,269 Based on the median sales provided by Smoothie King's franchise locations, at an average of a 15% profit margin it will take around 8.75 years to recoup your investment. This is longer than other franchise opportunities.
How many Smoothie Kings are in the US?
Whether you need a meal replacement, an afternoon snack, or fuel for your workout, Smoothie King has over 1,000 store locations across the U.S. Simply plug in your zip code or your city & state into our store locator below, and enjoy your next step in achieving your daily health goals.
How many businesses does Smoothie King have overall?
About Smoothie King Franchises, Inc. Smoothie King Franchises, Inc., the original U.S. smoothie franchise, is a privately held, Dallas-based franchise company with more than 1300 units worldwide.
How much does a Smoothie King franchise cost?
How much does it cost to open a typical Smoothie King location? The estimated initial investment for an inline or end-cap store can be between $320,301 and $585,465 (including a $30,000 franchise fee). The estimated initial investment for a free-standing drive-thru store can be between $723,501 and $1,184,865.
Who is Smoothie King owned by?
In July 2012, Smoothie King co-founders, Steve and Cindy Kuhnau, sold the brand to SK USA, Inc., headed by CEO Wan Kim, a successful franchisee with more than 100 stores throughout South Korea.
How many smoothies does Smoothie King sell a day?
Simpson said his store goes through 700 pounds of bananas each week, and sells an average of 200 to 250 smoothies a day, except on Fridays when a $5 special on medium-size drinks doubles that amount. A 20-ounce smoothie costs $5.29, a medium is $6.99 and The King, a 40-ounce smoothie, sells for $8.49.
Do Smoothie King workers get free smoothies?
Decent place for a beginner job, low hours if you're younger. Good place to work for experience in the food industry. Smoothies were pretty good to sample while making them. They give you a free small smoothie everyday.
Who is Smoothie King competitors?
Smoothie King's CEO, Wan Kim, currently has an approval rating of 89%. Smoothie King's primary competitors are Jamba, Juice It Up & Planet Smoothie.
Is there real fruit in Smoothie King?
So, Does Smoothie King Use Real Fruit? Yes! When we use fruit as an ingredient, we use a blend of fresh and individually quick-frozen (IQF) fruits. These fruits thaw in their own natural fruit juice, with no added syrups, artificial flavors, colors, or preservatives.
How much does an average Smoothie King make?
Average Smoothie King hourly pay ranges from approximately $7.25 per hour for Trainer to $23.37 per hour for Development Coordinator. The average Smoothie King salary ranges from approximately $23,000 per year for Restaurant Staff to $96,708 per year for Construction Manager.
How much does a BK owner make?
These numbers indicate that potential earnings can vary significantly and it depends on how well the business is run, the location, and other factors. We can estimate that based on net revenue of $1,351,000 and a profit margin of 13%, the average Burger King franchise compensation is $175,630 per year.
Do franchise owners make good money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
How many Burger Kings are left in the US?
Number of Burger King stores in the United States in 2022 There are 7,257 Burger King stores in the United States as of October 10, 2022. The state with the most number of Burger King locations in the US is Texas, with 580 stores, which is about 8% of all Burger King stores in the US.
Is Smoothie King a national chain?
As of August 2021, Smoothie King was based in Coppell, Texas. Predominantly in the United States, Smoothie King also has locations in South Korea, the Cayman Islands, Trinidad and Tobago, and previously had shops in Singapore (which opened in December 2012, but permanently closed in 2016).
Where was the original Smoothie King?
Kenner, LASmoothie King / Place foundedKenner is a city in Louisiana, United States. It is the largest city in Jefferson Parish, and is the largest incorporated suburban city of New Orleans. The population was 66,448 at the 2020 census. Wikipedia
Who is the Smoothie King CEO?
Wan Kim (Jul 2012–)Smoothie King / CEOThe October issue of Entrepreneur Magazine features an 8-page spread on CEO, Wan Kim, discussing his journey with Smoothie King and his evolution to rise above origins and to refuse what society deems ...
How many Smoothie King locations are there in the USA in 2022?
There are a total of 1105 Smoothie King locations in the USA as of July 21, 2022.
Which States & Territories has the most number of Smoothie King locations in the USA?
Texas has the most number of Smoothie King with 261 locations.
How many States & Territories in the USA do not have any Smoothie King locations?
Maine in the USA do not have any Smoothie King locations.
Where can I find the Smoothie King locations map?
You can find the Smoothie King locations map here.
From where can I download the Smoothie King locations dataset?
You can download the Smoothie King locations dataset from here.
Which city has the most number of Smoothie King locations in the USA?
Houston has the most number of Smoothie King with 38 locations.
How many Smoothie King locations are there in the United States in 2022?
There are 1,101 Smoothie King locations in the United States as of February 13, 2022. The state with the most number of Smoothie King locations in the US is Texas, with 260 locations, which is 23% of all Smoothie King locations in America.
How many states have no Smoothie King?
There are 23 US States and Territories without any Smoothie King locations.
How Much Do Smoothie King Franchisees Make?
The following chart shows the average net sales of Smoothie King Units from the latest fiscal year (2020).
How much does it cost to start a Smoothie King franchise?
of a Smoothie King franchise can be as high as $858,000, it is important to invest less money to start a location. If you invest $500,000+ to start a Smoothie King location, it could take you 5+ years to recuperate your initial investment.
How many Smoothie King units are there in 2020?
At the end of 2020, there were a total of 1008 Smoothie King units for a net change of +39 units.
Is Smoothie King a franchise?
Furthermore, there is a lot of operational support for franchisees, given that most of the Smoothie King units are franchised.
How much did Smoothie King make in 2009?
In 2009, Smoothie King's per-store revenue was about $285,000 , and had reached $362,000 by 2012. Corporate-wide, revenues were $372.5 million in fiscal year 2017, and $415.7 million in fiscal year 2018. In early 2014, Smoothie King contracted with the New Orleans Pelicans to rename the New Orleans Arena, Smoothie King Center.
When was Smoothie King founded?
Smoothie King Franchises Inc. is an American privately held smoothie company. Founded in 1973, the company was bought by a South Korean franchisee in 2012. In the late 2010s, the company was focusing on whole and unmodified ingredients.
When did Smoothie King contract with the Pelicans?
In early 2014, Smoothie King contracted with the New Orleans Pelicans to rename the New Orleans Arena, Smoothie King Center. The contract was for 2014–2024, and Smoothie King has the option to extend the contract through 2034. The National Basketball Association required that all Smoothie King products be tested before the deal was completed, ...
Who is the CEO of Smoothie King?
CEO since 2012, Wan Kim had Tom O'Keefe as Smoothie King's corporate president in 2014, and in February 2019 he replaced Jennifer Herskind with Rebecca Miller (previously of On the Border Mexican Grill & Cantina) as chief marketing officer.
How many calories are in a peanut power smoothie?
On January 1, 2013, the Center for Science in the Public Interest awarded the Peanut Power Plus Grape Smoothie their Xtreme Eating "dis-honor" for its healthlessness; consisting of "peanut butter, banana, sugar, and grape juice", a 40-US-fluid-ounce (1,200 ml) cup had 1,460 calories (6,100 kJ) and 214 grams (7.5 oz) of sugar. As of March 2019.
Who is the CEO of Smoothie King?
Watch Smoothie King CEO Wan Kim as he goes undercover to see what working at Smoothie King is really like!
Is Smoothie King a franchise?
Are you looking for an exciting business opportunity that will allow you to work for yourself while helping people live healthier lifestyles? Welcome to Smoothie King! We are the world’s largest smoothie brand and offer an exciting franchise opportunity for you.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is 3% advertising fee?
3%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
