The process of purchasing a Planet Smoothie franchise is very straightforward. First, simply request information here, and a link to a free franchise report will be sent to the email provided. That has an RFC, or request for consideration, form attached.
Full Answer
How much does it cost to become a Smoothie King franchisee?
How long is the franchise training?
Do you need restaurant experience to franchise smoothies?
How much money do you need to start a smoothie business?
The average startup capital necessary to open a smoothie shop is $60,000. It's very common for smoothie shop owners to cover these costs by applying for small business loans and commercial loans, as well as by opening up a business line of credit.
Is a smoothie business profitable?
Here in the United States alone, smoothie bars are a 3 billion dollar industry. From an investment stand point, industry experts estimate start-up costs for you to own a smoothie business will run between $20,000-$400,000. However, you stand to make about $600,000 in gross revenue annually.
How much money do you need to open 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.
How much does it cost to invest in a Smoothie King?
Below are the financial requirements to open a Smoothie King in the United States: Investment Range: Endcap or inline location: $320,301 - $585,465. Free-standing Drive-thru location: $723,501 - $1,184,865.
What are the weaknesses of a smoothie business?
Cutting and blending smoothies requires industrial blenders built purposefully for heavy use. Your smoothie equipment also requires a significant amount of electricity to operate, driving up your monthly electric bill. Additionally, if any of this equipment breaks down, you must pay someone to service the machine.
How do I start a small smoothie business?
To help make sure you don't miss anything in the process of opening a restaurant, follow this step-by-step guide.Choose a Smoothie Shop Format. ... Write your Smoothie Shop Business Plan. ... Find the Right Location for your Smoothie Shop. ... Secure Restaurant Business Permits and Food Selling Licenses.More items...
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...•
What is the best and cheapest franchise to open?
What are the cheapest franchises to buy?Cruise Planners. Franchise fee: $10,995. ... Jazzercise. Franchise fee: $1,250. ... Help-U-Sell Real Estate. Franchise fee: $15,000. ... United Country Real Estate. Franchise fee: $8,000 to $20,000. ... Stratus Building Solutions. ... Anago Cleaning Systems. ... JAN-PRO. ... Dream Vacations.
Is Smoothie King a good investment?
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 much does the average Smoothie King make?
Average Smoothie King hourly pay ranges from approximately $8.00 per hour for Counter Sales Representative to $17.35 per hour for General Assistant. The average Smoothie King salary ranges from approximately $17,782 per year for Register to $170,000 per year for Regional Manager.
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.
How much is a Banana King franchise?
How much does it cost to open a banana king? Investment Range. Endcap or inline location: $268,900 - $555,965. Free-standing Drive-thru location: $589,300 - $858,900.
How much should I sell smoothies for?
The average price for a smoothie is typically around $5 for a small and $7 for a large. Fruit and yogurt bowls typically sell for around the same prices, while juices are around $4 to $7, depending on the size.
How much do smoothies cost to make?
Adding up the prices of the ingredients needed for this recipe, the cost to make one 72-ounce blender-full of green smoothie is $8.19. That's just 12 cents per ounce to make a green smoothie.
Is the smoothie industry growing?
Smoothies' bars are reflecting the significant market growth exhibiting the CAGR of 9.1% from 2022 to 2028 owing to the availability of fruit-based and dairy-based flavors with better quality.
How big is the smoothie industry?
The market size, measured by revenue, of the Juice & Smoothie Bars industry is $2.8bn in 2022. What is the growth rate of the Juice & Smoothie Bars industry in the US in 2022? The market size of the Juice & Smoothie Bars industry is expected to increase 8.8% in 2022.
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.
What Does a Smoothie King Franchise Cost?
Franchisees can expect to make a total investment of $269,550 - $845,985. They also offer financing via 3rd party as well as a discount for veterans (20% off Franchise Fee). *
What is Smoothie King?
Simple proven operating system with a low cost of entry: By simplifying several business management processes and providing a low entry cost, Smoothie King is dedicated to helping you get off to a great start.
When was the first Smoothie King franchise?
Smoothie King Franchises, Inc., the original U.S. smoothie franchise, is a privately-held, Dallas- based franchise company. Founded in 1973, Smoothie King has evolved into a lifestyle brand inspiring people to live healthy and active lifestyles via nutritious, great-tasting smoothies.
Planet Smoothie is poised for continued growth as Americans place more and more emphasis on health and well-being
When it comes to choosing the right smoothie franchise to invest in, there are a number of factors that should be considered. A flexible footprint, strong brand recognition, exceptional training and operations support, as well as an emphasis on using real fruit and whole food ingredients are all key to running a successful smoothie franchise.
Planet Smoothie is the perfect entry-level or add-on business
Whether you are a first-time entrepreneur or a multi-unit owner looking to diversify your portfolio, Planet Smoothie is the way to go if you’re seeking an affordable, straightforward business model.
Learn more about the Planet Smoothie franchise opportunity
To learn more about Planet Smoothie franchise options, please visit our website. Read the latest news on our blog, and delve into the options for ownership on our research pages.
What is Deezfruta juice?
Deezfruta is a new juice and smoothie chain whose name is a play on words based on the Spanish ¡Disfruta!, which is something you exclaim when you’re enjoying a good meal. The menu features six Classic Smoothies, six Fruit/Seed/Veggie Smoothies, 10 fresh-squeezed juices and juice blends, an açaí bowl, two salads, three sandwiches, and a selection of hot and cold coffee beverages.
How many smoothies are there at Planet Smoothie?
Patrons can go sweet with yogurt blends or high-protein and everything in-between with 31 different add-ins. There are 32 signature smoothies for fast ordering and a steady stream of new and featured offerings, the most recent of which were three different Drag Fruit smoothies.
What is juice it up?
Juice It Up! is health-conscious chain that presents itself as a wellness-focused lifestyle brand. The menu includes 10 classic smoothies, six specialty smoothies (and any smoothie can be converted into a bowl), 12 fresh-squeezed raw juices/blends/shots, seven bowls, 14 different toppings and boosts, and six different bottled cold-pressed juices and shots.
What is Robeks juice?
Robeks Fresh Juices and Smoothies is a chain of health-conscious smoothie and juice shops with a menu featuring 29 different smoothies (four Superfood Smoothies, 10 Classic Smoothies, three Açaí Smoothies, five Performance Smoothies, three Low-Calorie Smoothies, and four Wellness Smoothies). Also on the menu are five fresh juices, five bowls, and three wellness shots, along with eight Enrichments and 10 supplements that can be added to any item ordered.
What is the blue algae in smoothies?
Booster Juice did something different from all the other chains that obsess over their seasonal pumpkin spice offerings. Instead, this Canadian chain launched a new smoothie ingredient known as blue algae or Phycocyanin powder. This ingredient offers customers an all-natural algae protein boost with anti-inflammatory properties; it also turns smoothies a bright blue color. The Booster Juice menu features smoothies, juices, shots, bowls, grilled focaccia sandwiches, cold or grilled wraps, Greek yogurt bowls, and baked pastries.
How much will the smoothie market grow in 2027?
Despite the impact of COVID and the subsequent economic downturn, the global smoothie market is expected to grow over the next few years, with a projected 7.7% growth by 2027, and stronger growth in the fruit-based part of the market than in dairy products.
Why are smoothie bars so popular?
Offering a way for customers to consume their way to a healthier life, smoothie and juice bars make it easier to be and feel healthy. Part of their appeal is that they provide tasty solutions for a range of different wellness goals.
How much does a Planet Smoothie franchise cost?
How much does Planet Smoothie franchise cost? Planet Smoothie has the franchise fee of up to $25,000, with a total initial investment range of $76,150 to $329,250. Initial Investment: $76,150 - $329,250.
How much money do you need to open a Planet Smoothie?
In order to open a Planet Smoothie store franchise, you must have a net worth of more than $150,000. Appreciate the investment required for a store franchise. You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
What is a planet smoothie?
The company sells fresh fruit smoothies and juices. That means the Planet Smoothie franchise provides fine opportunities to promote an active and healthy lifestyle. The company suggests entrepreneurs who are keen on wellness starting a Planet Smoothie store franchise in their region.
What is a Smoothie King starter kit?
Smoothie King offers a starter kit unlike any other, allowing you to embrace your entrepreneurial spirit and forego many issues even the best businessmen face when trying to start an operation from scratch. We offer the support and training of an industry-leading brand and more experience than any other Smoothie franchise. With our invaluable resources, your desire to help consumers live healthier, happier lives, and our combined passion for Smoothie King, we can rule the day as we change lives for the better.
How much does it cost to franchise a Smoothie King?
Each Smoothie King franchise owner has the right to initially develop one store for the franchise fee of $30,000. The difference between low and high investment levels exists due to labor, location, varying store sizes, build-out costs and expenses, and your experience and management of the store’s development.
What is The Mr. Appliance Franchise Cost?
For your home and office appliance needs and repairs, there’s only one name you can trust if you’re in the United States or Canada. Mr. Appliance is a reliable company with decades of experience. The company has been offering franchising opportunities since 1996. So, if you want a money-making venture, learn more about Mr. Appliance’s franchise terms and costs.
How many locations does Tropical Smoothie Cafe have?
Since its inception in 1997, Tropical Smoothie Cafe has opened so many doors for business-minded people. To date, they operate in more than 650 locations in the United States. Due to its fast growth, this number is estimated to be at 2,000 by 2024.
How much is the juice and smoothie market worth?
According to IBISWorld, the Juice and Smoothie market is worth $2.6 billion. If you want a huge slice of the pie, check these nine top smoothie and juice franchises worldwide.
How long does it take to complete phase 1 training?
It depends on their knowledge and experience of the franchise. It will take at least five days to complete Phase I training. The franchisor MAY give Phase I training to franchisees held at a location or through video call or conferencing. If required, a franchise consultant will join them during the training.
What is the exclusive territory for Once Upon a Child?
The Exclusive Territory should cover a population of at least 75,000 to 100,000 in metropolitan areas, while it’s 50,000 for other locations. With all of these in mind, the franchisor will not approve another franchise to operate within the Exclusive Territory.
What is Once Upon A Child?
Once Upon A Child is a retail resale franchise that buys, sells, and trades toys, kids’ clothing and shoes, and baby gear and furniture. Instead of throwing items away, customers can sell items to any Once Upon A Child franchise. Plus, Once Upon A Child ensures that they will sell and buy high-quality items for customers.
What is Grabbagreen fast food?
Grabbagreen is another quick-service restaurant that sprung from two mothers’ passion for feeding their children healthy food on-the-go. They realized it was challenging to find quick and healthy food and drinks. Plus, they also saw a massive opportunity in this sector with demographics that go beyond like-minded mothers. That’s when they founded Grabbagreen in 2013. And in less than two years, the company expanded to three stores. Grabbagreen’s Eat Clean menu is comprised of all healthy, fresh, and whole foods and ingredients.
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 does it cost to become a Smoothie King franchisee?
After receiving your franchise agreement and waiting seven calendar days, you will then execute your agreement and send in the initial franchise fee of $30,000. Once the agreement and franchise fee have been received and finalized, you will be an official franchisee. Congratulations, you have made the decision to Rule Your Future as a Smoothie King franchisee!
How long is the franchise training?
Training will take place closer to your store opening. This is a two-week, required class held at our Home Office for all franchisees and managers. This comprehensive, hands-on course will familiarize you with our core product knowledge and our operational systems.
Do you need restaurant experience to franchise smoothies?
While restaurant experience is not required, the ideal candidate should have an entrepreneurial spirit and experience in sales, marketing, restaurant, and/or retail.
