Year smoothie king franchise Began: 1973
Franchising Since: 1988
Headquarters: Dallas, Texas
Estimated Number of Units: 975
All Smoothie King creates specialized Smoothies that are expertly blended with more than “just fruit in a blender” for specific needs, goals, and ambitions.
Stores and Franchises serve smoothie and healthy products, which includes sports beverages, energy bars, different healthy snacks, vitamin supplements, herbs, minerals, and other sports nutrition product.
Smoothie King gives franchisees a chance to inspire people to live healthier, more active lifestyles while also providing a fantastic business opportunity
Contents
#1. Smoothie King Franchise Opportunities
Smoothie King Franchise Opportunities has been honored as No. 1 by Entrepreneur magazine’s Franchise 500.
The brand has grown consistently for 43 years, translating to 750-plus locations around the world.
Entrepreneur Magazine named as #1 Juice Bar Franchise, which is the 27th year they have been recognized as the top franchise opportunity in our category
#2. Smoothie King Franchise Cost
How much Smoothie King Franchise Cost Investment Tables:
Estimated Initial Investment | ||
Name of Fee | Low | High |
Initial Franchise Fee | $25,000 | $30,000 |
Three Month’s Rental & Deposit | $3,000 | $40,000 |
Technology System | $11,000 | $15,000 |
Grand Opening Marketing | $15,000 | $15,000 |
Travel and Training Expenses | $2,700 | $6,000 |
Insurance (First year’s premium) | $3,500 | $7,500 |
Other Prepaid Expenses | $1,000 | $29,400 |
Start-up Supplies, Inventory | $16,000 | $22,000 |
Furniture Fixtures & Equipment, Millwork, and Graphics | $64,350 | $96,300 |
Architectural & Engineering Professional Services | $3,500 | $52,000 |
Signage | $7,000 | $38,000 |
Leasehold improvements | $95,600 | $428,535 |
Legal, Accounting & Organizational Costs | $500 | $4,000 |
Miscellaneous costs | $1,000 | $5,000 |
Drive-Thru | $0 | $30,750 |
Additional funds—3 months | $15,000 | $25,000 |
ESTIMATED TOTAL* | $263,550 | $844,485 |
The estimated initial investment range covers from an End Cap or In-Line Location up to a Freestanding Drive-Thru Location. Please see FDD for more details.
Smoothie King Franchise Cost/Other Fee
Other Fees | |
Type of Fee | Amount |
Operating Fee | 6% of Gross Sales. Subject to a monthly minimum fee of $500. |
National Marketing Fee | Currently, 3% of Gross Sales; the franchisor has the right to increase the Fee to 5% of Gross Sales upon 60 days’ notice. |
Regional Marketing Fee | If established in a region where the Unit is located, the franchisor will determine the amount of the Fee, not to exceed 2% of Gross Sales. |
Local Marketing Cooperative Contribution | If established in an area where the unit is located, the franchisor will determine the amount of the Fee, not to exceed 2% of Gross Sales. |
Local Marketing Requirement | Minimum of 2% of Gross Sales. |
Grand Opening Advertising | Minimum of $15,000 for all locations. |
Interest on Late Payments | 18% per annum or the maximum rate allowed by law, if less than 18%. |
Training Fees | No charge for initial training programs for the first two trainees. Reasonable fees may be charged for additional trainees to attend. |
Remodel Costs | 5 Years: $0-$15,000 for materialsTransfer: $0-$15,000 for materials |
Audit Fees | Audit discrepancies and reasonable actual costs of conducting an audit. |
Transfer Fees (Franchise Agreement) | $7,500 – $12,500 |
Transfer Fees (Development Agreement) | 10% to 20% of the then-current initial franchise fee. |
Securities Offering Fee | Not to exceed $25,000. |
Supplier Approval Fee | Actual costs of inspection and testing. |
Monthly Financial Report Deviation Fee | Maximum of $20 per hour. |
Legal Fees and Costs | Reasonable expenses associated with enforcement of agreements. |
Design Documents for New and Relocated Stores | Up to $2,500. |
NSF Checks, Draft | $50 for first occurrence; $75 for each after the first |
Product and Service Purchases | Varies. |
Extra Operational and Marketing Support, Including Visits to Cure Operational Issues | Reimbursement of reasonable actual expenses. |
Technology Fee | Reasonable monthly fee; currently $200 per month. |
Software and Security Fee | Currently, $190 to $265 per month. |
Relocation Fee | Up to $2,500 (site package and plans may be an additional charge). |
Renewal Fee | $5,000 |
Monthly Package Reporting Late Fee | $25 to $300 |
Late Income Portion of Paperwork Fee | $50 or as the franchisor adjusts from time to time. |
Resale Assistance Fee | 10% plus any advertising costs. |
#3. Smoothie King Franchise for sale
What are the Smoothie King Franchise for sale Requirements….
1) Franchisees should possess a passion for the brand and desire to help more consumers lead a healthier lifestyle.
2) While restaurant experience is not required, the ideal candidate should have an entrepreneurial spirit, as well as sales, marketing, restaurant and/or retail experience.
3) The financial requirement should be fulfilled to open a Smoothie King
Support Systems
- On-The-Job Training: 44 – 110 hours
- Classroom Training: 56 – 114 hours
- Additional Training: Management training at the corporate office for new store managers (optional)
- Number of Employees Required to Run: 10 – 15
Contact Details
Visit for Smoothie King Franchise Application form:
https://www.smoothiekingfranchise.com/
Call for Inquiry: (877)-927-6104