How much smoothie king franchise

Find out if the investment is worth the costs. Smoothie King opened their first franchise location in The brand targets millennials between the ages of 16 and 35 and skews their focus towards women. Their financial requirements to open a store in the US include:. An additional 3 percent of weekly sales will be paid into the Smoothie King national advertising fund. They also require that franchisees spend an additional 2 percent of weekly gross sales on local store marketing.

According to the Tropical Smoothie website, as of they had stores open. There are on-going fees paid as a percentage of gross sales including a 6 percent royalty fee, 3 percent national marketing fee and a 2 percent local advertising cooperative contribution. There is a 7 percent royalty fee and an advertising fee of 2. Remember, bigger does not always mean better. SoBol allows franchisees the opportunity to partner with a more unified brand, providing a better opportunity than the big-name companies.

There is an advantage to being a part of a franchise that can furnish personalized attention to its franchisees. Our costs are transparent and competitive. Smoothie King features a straightforward core product offering and a cost-effective POS system for making sales. Franchises also collaborate with vendors to keep supply costs competitive.

Kuhnau turned to blend his own mix of supplements, nutrients, and fresh fruit after exploring many approaches to alleviate his ailment. In , Kuhnau opened the first Smoothie King shop in Kenner, Louisiana, and franchising officially began. Kuhnau swiftly and successfully extended the company throughout the United States, driven by his enthusiasm for sharing healthy eating. Steve Kuhnau remains with the Smoothie King company as a consultant and brand ambassador, spreading his love for health and wellness.

Not Sure What Franchise to Start? This figure is a reported average, thus there could be a wide range of salaries. From an ownership perspective, it can also be advantageous from a tax perspective to earn less annually. We have to rely on what other franchise owners report making because Smoothie King does not post any form of expected franchise owner payment.

As a Smoothie King franchisee, your profitability is determined by a number of factors. Food costs, labor costs, commercial lease rates in your area which vary by location , local product demand, and how well you manage your operations are some of these aspects.

In addition, the amount and scope of your investment will also have a big impact on profit. To assist you in making a more informed decision, I have highlighted the advantages right here.

Due to market changes, existing items may no longer be adequate to meet the expectations of buyers. A hard pill to swallow is that the most popular products of one period may become obsolete the next.

As a result, marketers should make a determined effort to reach specific market segments by introducing new or improved products. Manufacturers can only reap the benefits of market changes if they are willing to innovate their products.

FranchiseHelp offers franchise consultants a unique lead buying experience. You can select filters such as state and liquid capital requirements, and enter the price you'd be willing to pay for a lead meeting those criteria. You're tired of "portals" being black boxes, and so are we. Welcome to the recipe book FranchiseHelp's "secret sauce. FranCalc was launched in with a single mission: Help franchise growth professionals use data driven budget planning to make smart, informed franchise development decisions.

Since , Smoothie King has been named 1 franchise in their category 16 times. Smoothie King has over locations operating in the continental US and Seoul, Korea and is currently developing additional stores across the United States.

Today, the location count for this franchise has reached Smoothie King is listed in the Franchise Directory under the Food category. Find a Franchise. Franchise Quiz. Franchise Directory. Top Franchises See our list of picks for the best franchises to open this year. Franchise Comparison. Franchises by Category.