Considering Smoothie King Franchise ownership? Consider the alternative: Your OWN smoothie shop! It’s easy with our help! Contact Best Smoothie Franchise Today!
Smoothie King Franchise Information:
Single Unit Smoothie King Franchisees:
- The Smoothie King franchisee has the right to develop one Smoothie King store.
- The Smoothie King franchise fee is $25,000.
Smoothie King Franchise Growth
|
US |
Canadian |
Foreign |
Company |
|
|
Year |
Franchises |
Franchises |
Franchises |
Owned |
|
2008 |
480 |
0 |
25 |
1 |
|
2007 |
447 |
0 |
23 |
1 |
|
2006 |
419 |
0 |
18 |
1 |
|
2005 |
379 |
0 |
10 |
1 |
|
2004 |
351 |
0 |
3 |
1 |
Financial Investment Dynamics:
|
|
Low Initial Investment |
High Initial Investment |
| Initial Smoothie King Franchise Fee: |
$20,000 |
$25,000 |
| First Month Rent & Deposit: |
$3,000 |
$9,500 |
| Computer Equipment/ POS System: |
$8,000 |
$12,000 |
| Grand Opening Marketing & Advertising: |
$2,500 |
$2,500 |
| Travel & Training Expenses: |
$500 |
$4,000 |
| Insurance (First Year’s Premium): |
$1,500 |
$5,000 |
| Other Prepaid Expense: |
$3,000 |
$9,000 |
| Start-up Supplies & Inventory: |
$8,000 |
$15,000 |
| Equipment, Millwork, Fixtures/ Signage/ Graphics: |
$50,000 |
$90,000 |
| Leasehold Improvements: |
$30,000 |
$98,000 |
| Legal, Accounting, & Organizational Costs: |
$500 |
$4,000 |
| Miscellaneous Expenses: (additional fees if drive-thru location) |
$1,000 |
$5,000 |
| Additional Funds – 3 months: |
$20,000 |
$20,000 |
|
Total Smoothie King Franchise Construction Cost: |
$148,000 |
$299,000 |
- These are estimates only and will vary with each Smoothie King location.
- Additional development costs may be incurred if you are engaged in developing multiple Smoothie King locations at one time.
- The difference between low or high investment levels exist because of varying Smoothie King store sizes and real estate cost and expenses.
- Prepaid expenses include grand opening expenses, travel/training, legal/accounting, insurance, permits and deposits.
Continuing and ongoing fees after the initial Smoothie King franchise fee?
There is an ongoing royalty fee of 6% of weekly sales. Advertising expenses include reserving 2% of your weekly gross sales to be spent by you on local marketing. An additional advertising expense of 2% of weekly sales is required to be paid into the Smoothie King Advertising Fund.
Total ongoing Smoothie King franchise fees = 10% of total sales.
Multiple Smoothie King Franchise store owners?
Out of 299 franchisees, 95% own 1-3 stores, 4% own 4-6 stores, 1% own 7-10 stores and <1% own 10+ stores, with the largest franchisee currently operating 13 Smoothie King franchised stores.
So consider the alternative, OWN your own smoothie shop! It’s easy with our professional smoothie consulting! Contact Best Smoothie Franchise today for alternative smoothie franchise options!
General Best Smoothie Franchise Disclaimer:
Best Smoothie Franchise does not warrant or make any representations as to the quality, content, accuracy, or completeness of the information, text, graphics, links and other items contained on this server or any other server. Such materials have been compiled from a variety of sources, and are subject to change without notice from Best Smoothie Franchise. Communications made through this site’s e-mail and messaging system shall in no way be deemed to constitute affiliation with any smoothie chain franchise, its agencies, officer, employees, agents or representatives.
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