8/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Franchise Summary

Description
The franchisee will operate a retail business offering smoothies and other nutritional drinks and general nutritional products under the name Smoothie King®.
Company Background
Smoothie King is a healthy smoothie franchise. We offer an extensive selection of nutritious drinks and other nutritional products for those seeking to maintain a balanced lifestyle. Smoothies are our specialty, but we also offer many other delicious options from fruit juice blends to energy bars.
Franchise Opportunity
We all know that having a healthy diet is important, but we often don't get enough of the nutrients our body needs. Smoothie King makes it easy to eat right with delicious smoothies and other nutritional drinks. Our menu offers over 100 different smoothies made from real fruit, vegetables and protein powder. Smoothie King has been in business for over 30 years because we offer a superior product at an affordable price. We have franchises across the country so you can enjoy your favorite Smoothie King drink wherever you are!
Corporate Structure
Smoothie King Franchises, Inc. is a Louisiana corporation incorporated on May 5, 1987. The corporation was originally incorporated under the name Original California Smoothie Bar Franchise Inc. On April 6, 1989, the name of the corporation was changed to Smoothie King Home of the Muscle Punch Franchises, Inc. On January 2, 1997, the name of the Corporation was changed to Smoothie King Franchises, Inc. Effective as of January l, 1997, Smoothie King became a subsidiary of Smoothie King Systems, Inc (SKSI) . On July 6, 2012, SK USA, Inc. purchased SKSI. SK USA is controlled by Smoothie King Korea, Inc., formerly known as Smoothies Korea, Inc. As a result, Smoothie King Korea, SK USA and SKSI are Smoothie King Franchises, Inc’s parent companies. Smoothie King’s principal business address in the United States is 3900 N. Causeway Blvd, Suite l300, Metairie, LA 70002. Smoothie King has been offering franchises since May 1988.
Investment and Franchisee Fees
The total investment necessary to begin operation of a traditional Smoothie King® Business ranges from (i) for an end-cap or in-line location, $263,550 to $531,535, and (ii) for a free-standing drive-thru location, $579,100 to $844,485. This includes $29,500 to $48,500 that must be paid to the franchisor.

Earnings Transparency

7 /10
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

$590,935 / unit

Franchise Type: Standard

Average Revenue During 2022

$590,935
$282,742
Industry Low
$3,261,971
Industry High

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Smoothie King Franchisees

Smoothie King Franchise System Development in 2022

FAQ

How much investment do I need to start my own Smoothie King business?
Franchisees typically require at least $25,000 to $580,465 investment to get their Smoothie King business started
What are the initial franchise fees for Smoothie King?
Franchisees typically need to pay at least $5,000 in fees directly to Smoothie King in order to earn the right to launch their business
How much money can I make with a Smoothie King franchise? What are the average revenues for a typical Smoothie King business?
We estimate that the average revenue of an individual Smoothie King unit is approximately $590,935. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Smoothie King unit? What is my contractual commitment?
Smoothie King franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

8 /10
The Franchisor's investment costs ranges from $213,540 to $475,750 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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