Planet Smoothie
Food & Beverage QSRCompany Information
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Franchise Summary
Description
As a franchisee, you will operate a restaurant called Planet Smoothie, preparing and serving smoothies, juices, shakes, frozen cakes and pies, confections, baked goods, and other beverage and food items.
Corporate Structure
Kahala Franchising, L.L.C. is an Arizona limited liability company which was formed on December 29, 2008. Thei parent company is Kahala Brands, Ltd., which is a Delaware corporation. Kahala Brands was formerly known as Kahala Corp. but changed its name to Kahala Brands in December 2014. Prior to that, Kahala Corp. was a Florida corporation and was redomiciled in Delaware on December 31, 2012. On July 26, 2016, Kahala Brands merged with a wholly-owned subsidiary of MTY Food Group, Inc. having an address at 8150 Transcanada Highway, Suite 200, Saint Laurent, Québec H4S 1MF.
Royalties and Marketing Fees
Royalties : 5.0% of revenue
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. QSR Industry$282,742 / unit
Franchise Type: Standard
Average Revenue During 2022
Franchise Types Available
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Employee Contact Database
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Distribution of Planet Smoothie Franchisees
Planet Smoothie Franchise System Development in 2022
FAQ
How much investment do I need to start my own Planet Smoothie business?
Franchisees typically require at least $195 to $461 investment to get their Planet Smoothie business started
What are the initial franchise fees for Planet Smoothie?
Franchisees typically need to pay at least $26 in fees directly to Planet Smoothie in order to earn the right to launch their business
How much money can I make with a Planet Smoothie franchise? What are
the average revenues for a typical Planet Smoothie business?
We estimate that the average revenue of an individual
Planet Smoothie unit is approximately
$282,742. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Planet Smoothie unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$195,650 to $461,500
which is
Much Lower
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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