Franchise FAQ

how much does a tropical smoothie franchise business consultants make

by Abner Rice DDS Published 2 years ago Updated 1 year ago

Tropical Smoothie Franchise Operators earn $60,000 annually, or $29 per hour, which is 12% lower than the national average for all Franchise Operators at $68,000 annually and 10% lower than the national salary average for all working Americans. Which is healthier Smoothie King or tropical smoothie?

Full Answer

See more

How much does a tropical smoothie franchise owner make?

Average Net Revenues in 2021 It is estimated that based on average net revenue of $1,009,803 and a profit margin of 15%, the average tropical smoothie franchise owner salary/ compensation is $126,000 per year.

How much money do you need to start a Tropical Smoothie Cafe?

How much does it cost to open a Tropical Smoothie Cafe? A new Cafe investment is between $277,000 and $584,000†. The average cost is approximately $400,000†, costs vary by location.

Who owns the Tropical Smoothie franchise?

Levine Leichtman Capital PartnersTropical Smoothie CafeExterior of a franchise in Fort Lauderdale, FloridaRevenue$500 million .OwnerLevine Leichtman Capital PartnersNumber of employees2,000+ (2018)Websitetropicalsmoothiecafe.com12 more rows

Do Tropical Smoothie employees get tips?

Yes, tips are devided for all the employees working that day. Yes you received tips.

What franchise is the most profitable?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

How much money do you need to open a Chipotle franchise?

Estimated Chipotle Franchise CostType of ExpenditureEstimated AmountLowHighChipotle Franchise Fee (if they franchised)$20,000$25,000Real Estate Purchase or Lease(may vary substantially based upon the location)Site Preparation and Completion Costs$150,000$400,00011 more rows•Jul 19, 2022

How much does it cost to open up a Smoothie King?

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 the CEO of Tropical Smoothie?

Charles Watson (Jun 2018–)Tropical Smoothie Cafe / CEOPassion and brand vision continue to guide the way. Watson was named the growing brand's top executive in 2018. I was born with a strong work ethic.

What is Tropical Smoothie slogan?

Feel Better” by Tropical Smoothie Cafe, and “Feel good. Stay healthy.

What are tropical smoothie workers called?

At Tropical Smoothie Café, we inspire a healthier lifestyle by serving amazing food and smoothies with a bit of tropical fun!

Is working at tropical smoothie stressful?

Fun but sometimes stressful Was a fun place to work especially as a teenager. It can get very busy and sometimes stressful having people watch you makes their food and smoothies. Overall would recommend!

Is tropical smoothie a easy job?

Work. Worked there for four years, it was one of the easier restaurant jobs that I've had. Fast pace, fun, good food, everyone always worked together. Management was good, flexible with schedule.

How much does it cost to open up a Smoothie King?

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.

What is the cost of McDonald's franchise?

Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.

Is Tropical Smoothie Cafe a franchise?

Tropical Smoothie Cafe, sometimes referred to as Tropical Smoothie, or TSC, is a restaurant franchise in the United States. Tropical Smoothie Cafe, LLC was founded in 1997 and is based in Atlanta, Georgia.

Is Tropical Smoothie healthy?

But while they may seem like a healthy alternative to milkshakes and sodas, smoothies can pack just as much sugar and calories. The average amount of calories and sugar among all of Tropical Smoothie Cafe's smoothies is about 495 calories and 90 grams of sugar.

How much does it cost to own a Tropical Smoothie café?

An initial investment required to open a Tropical Smoothie café Franchise is $257,500 to $560,500.

How much profit does the Tropical Smoothie café franchise make?

An individual Tropical smoothie café franchise owner can make around $40,000-$42,000 annually.

How many Tropical Smoothie café franchises are there?

Tropical Smoothie café has more than 1038 units around the world.

Do people feel that they are paid fairly for their work at Tropical Smoothie Cafe?

Indeed’s Work Happiness survey asked over 2,693 current and former employees whether they feel they are paid fairly for their work. Of the responde...

How often do you get pay raises at Tropical Smoothie Cafe?

Indeed’s survey asked over 266 current and former employees how often they received pay raises when they worked at Tropical Smoothie Cafe. Most res...

Do you get paid sick days at Tropical Smoothie Cafe?

Indeed’s survey asked over 1,248 current and former employees how many paid sick days they received for their role. Respondents said they received...

What kind of flexibility benefits can you get at Tropical Smoothie Cafe?

To find out what kind of flexibility benefits Tropical Smoothie Cafe offers, Indeed’s Work Happiness survey asked over 259 current and former emplo...

Do you get paid time off at Tropical Smoothie Cafe?

Indeed’s survey asked over 1,248 current and former employees how many paid vacation days they received for their role. Respondents said they recei...

How much vacation and PTO did you get at Tropical Smoothie Cafe?

We asked over 1,248 current and former employees how many paid vacation days they received for their role. Respondents said they received no paid v...

What distinguishes Tropical Smoothie Cafe from the competition?

What clearly distinguishes Tropical Smoothie Cafe from the competition is our balanced mix of smoothies and food, serving multiple dayparts: breakfast, lunch, dinner, dessert, and snack and multiple revenue streams like dine-in, drive-thru, delivery, and catering. That mix helps drive our average ticket sales and average net revenues of $982,486 for the top 50% of our Franchise Owners.*

How many tropical smoothie cafes are there?

Tropical Smoothie Cafe is ready to satisfy the cravings of our health-conscious, flavor-craving guests. To keep up with them, we opened 124 Cafes in 2019, and have been recognized as one of 2019’s fastest-growing franchises by Entrepreneur and Nation’s Restaurant News.

How much capital do you need to buy a tropical smoothie?

To buy a franchise with Tropical Smoothie Cafe, you'll need to have at least $125,000 in liquid capital and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $198,500 - $543,500. They also offer financing via 3rd party. *.

How much does it cost to start a cafe?

Start-up fees: A new Cafe investment is between $198,500 and $543,500. Costs can vary by location and the average cost is $370,000.

How many franchise agreements were signed in 2019?

213 new agreements signed in 2019, with 60% coming from existing Franchise Owners

How much should you be earning?

Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.

How much does Tropical Smoothie pay?

How much does Tropical Smoothie Cafe in the United States pay? Average Tropical Smoothie Cafe hourly pay ranges from approximately $8.00 per hour for Cook/Dishwasher to $49.03 per hour for Full Stack Developer. The average Tropical Smoothie Cafe salary ranges from approximately $15,000 per year for Supervisor to $59,967 per year for Office ...

How much money do you need to open a tropical smoothie?

In order to open a Tropical Smoothie Cafe franchise, you must have a net worth of more than $222,000. Appreciate the investment required for a cafe franchise. Evaluate your prior experience and strengths.

Where is Tropical Smoothie located?

Tropical Smoothie Cafe, LLC was founded in 1997 and is based in Atlanta, Georgia.

How much does a Tropical Smoothie Cafe franchise make?

Typically, franchise profits are proportionate to the size of investment . We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.

Are there any Tropical Smoothie Cafe franchise opportunities near me?

Based on 2020 FDD data, Tropical Smoothie Cafe has franchise locations in 44 states plus DC. The largest region is the South with 541 franchise locations.

What is franchise grade?

Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.

What are the general operation hours of a Tropical Smoothie Cafe location?

Our cafes are open 7 days a week and we have required operating hours. Monday – Friday 7am – 9pm. Saturday 8am – 9pm. Sunday 10am – 8pm.

How fast is Tropical Smoothie Cafe growing?

We currently have more than 1,000 locations. Our goal is to reach 1,500 Cafes by 2025.

How much money can I make?

In 2020, the systemwide average net revenues for Tropical Smoothie Cafe franchises was $840,662. Based on calendar year 2020 and includes 555 Cafes that were open for at least 12 months as of 12/27/2020. Excludes non-traditional locations and Cafes that were not open for at least 350 days in 2020. This information appears in Item 19 of our Franchise Disclosure Document. Your results may differ. There is no assurance that you will do as well.

What type of square footage do you look for?

Typically, we look for between 1,200 to 1,800 square feet. We also have flexible layouts for non-traditional venues.

What is the franchise fee?

The franchise fee is $30,000 for the first unit. If you choose to develop multiple units, a $20,000 franchise fee must be paid for the second and each additional unit. The franchise fee for qualified veterans is $15,000 for the first and each subsequent unit developed.

What type of training do you provide?

We believe in setting up our franchisees for success. We provide the following training: four-week training program consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia, and ten days onsite for your Grand Opening.

How long does a franchise agreement last?

Franchise Agreements last for 15 years with renewal options.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9