How Much Does It Cost To Own A Smoothie King

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How Much Does It Cost To Open A Typical Smoothie King Location

Tropical Smoothie Franchise Cost Exposed

The estimated initial investment for an inline or end-cap store can be between $268,900 and $555,965 . The estimated initial investment for a free-standing drive-thru store can be between $589,300 and $858,900. Your costs could be significantly higher depending on a number of factors, including your location. Please refer to theInvestment Page or Franchise Disclosure Document for additional details.

A Blend For Every Purpose

How much do smoothie king smoothies cost. The juice and smoothie bar franchise segment in the united states is ripe for investment. The cost of a smoothie king franchise varies depending on market, real estate pricing and numerous other factors. There is a $30,000 franchise fee, and you must have at least $100,000 years in cash.

A couple of options will affect how much it will cost you to open a smoothie king. The cost will be at least $25,000 each unit if you have already 3 units still operating and you want to add more. Smoothies served at smoothie king are also different than smoothies from other fast food restaurants because they add enhancers such as vitamins, proteins, green tea, caffeine, and ginseng.

Do you want to open a juice bar business by buying smoothie king franchise? You must know what it costs you to make a smoothie from raw ingredients to finished product because your #1 goal is running your business. First off, juice and smoothies both require an enormous amount of produce to create even a small amount of product.

Their slogan is smoothies with a purpose and they create a variety of nutritional smoothies to cater for every purpose. This is the most important factor when deciding how much to charge. And a flavor for every taste all crafted using whole fruits and organic veggies true to our clean blends promise.

If yes, here is how much it cost to open a smoothie king franchise successfully. You can have at least 3 units. What is your cost of goods?

Maui Wowi Has A Range Of Low

Although our Kaanapali Carts are the most popular and cost-effective mobile franchise option, we do have other opportunities available to you, including kiosks, concession trailers and traditional brick and mortar shops. However much you want to invest to make your dreams of being a business owner a reality, we have the franchise business model for you.

To find out more about specific costs and how to get started, fill out the form here or give us a call at 1-877-849-6992.

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One Of The Most Affordable Smoothie Franchise Concepts On The Market

Maui Wowi®s standard mobile franchise agreement entitles franchisees to not one smoothie cart, but three! For an initial franchise fee of just $30,000, your total investment for your first Kaanapali Cart can be as low as $28,900 $189,050. Ideal Maui Wowi® smoothie cart business owners have a minimum liquidity of $50,000 and a total net worth of at least $100,000. Financing options and mobile franchise incentives are available for qualified individuals.

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Breakfast Should Never Be Boring

How Much Does it Cost to Open a Smoothie Franchise ...

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The best decision Ive made to date has been asking for a Magic Bullet. My next door neighbors may not love the sound of my blender, but Im convinced the only reason I havent developed a case of scurvy is because I make so many smoothies each week. Sure, you could eat all the ingredients in a smoothie separately and get the same benefits, but its just more fun when all the healthy things turn a fun color once blended together. Almond milk smoothie recipes are a favorite of mine. The dairy-free beverage has fewer calories and fat than regular milk, and it keeps in the fridge a lot longer.

As a firm believer in the power of smoothies to combat the college cereal rut, Ive rounded up 15 of my favorite almond milk smoothie recipes that are a bright spot on even the dreariest Monday morning. As a rule of thumb, Ive tried to stick with some basic smoothie ingredients, because I know the struggle of having only half a mini fridge to stash your supplies in. Any other fun extra ingredients are totally up to you and how your bank account is feeling.

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What Is Smoothie King

Smoothie King is a privately owned franchise company that offers consumers smoothies and other nutritional products, including energy bars, herbs, sports beverages, healthy snacks, supplements, and more.

Before delving deeper into this smoothie company, what does some of the research say about smoothies?

  • Foods: Certain fruit juices contain a large amount of antioxidants and healthy compounds, including chlorogenic acid, hydroxycinnamic acids, and epicatechins.
  • Nutrients: Fruit smoothies may be able to slightly reduce appetite.
  • British Dental Journal: Both homemade and commercially-bought smoothies have the potential to cause some dental erosion.

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Smoothie King Franchise Facts

Beverages

Fitness & Gyms

Smoothie King was started in 1973 by Steve Kuhnau, who was looking for ways to alleviate his food allergies and enhance his general health. Kuhnau turned to blend his own mix of supplements, nutrients, and fresh fruit after exploring many approaches to alleviate his ailment. After changing his diet, Kuhnaus health improved significantly and was inspired to promote nutrient-rich drinks to the general public.

In 1989, 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.

In 2003, to commemorate Smoothie Kings 30th anniversary, the company opened their first foreign outlet in South Korea. Almost a decade later, Kuhnau sold Smoothie King to SK USA, Inc., the same firm that established the first Smoothie King outlet in South Korea in 2003.

After the acquisition, Smoothies Korea CEO Wan Kim who shares Kuhnaus passion for spreading excellent health, took over as CEO of Smoothie King. 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? Take Our 7-Minute Franchise Business Quiz!

Read Also: Smoothie King Employee Benefits

Funding A Storage Unit Facility

Storage units have a high upfront cost compared to many other businesses because they require a large structure to be built. So, unless you have a lot of capital saved up, then you are going to have to rely on a commercial property loan.

Generally speaking, the best kind of commercial property loan to get for a storage unit is an SBA 7 loan from the Small Business Administration . SBA 76 loans offer up to $5 million and up to 75% of that money is guaranteed. That means that if you default on the loan, the federal government will cover up to 75% of the loan. The reduced risk means that banks are more willing to lend money for property to small businesses.

You do not only have to get an SBA 7 loan to build a new storage unit. You can also get one to refinance an existing loan or it can be used to buy an existing storage unit.

Step : Plan Your Business

How Much Does It Cost To Open A Smoothie Bar – Let’s Discuss Below!

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

Luckily we have done a lot of this research for you.

What are the costs involved in opening a smoothie business?

The amount you spend to open a smoothie business will depend on whether or not you franchise and which location you choose. From licensing to construction to equipment, smoothie business owners may pay anywhere from $10,000 to $650,000! These upfront costs include any and all of the following:

  • Rent/down payment
  • Supplies
  • Hiring costs

If you choose to franchise your location with a well-known national brand, you will pay more in terms of upfront costs. However, youll also enjoy free advertising and brand recognition from the moment you open.

What are the ongoing expenses for a smoothie business?

Ongoing expenses for a smoothie bar include the following:

  • Rent/utilities
  • Permits

Who is the target market?

How does a smoothie business make money?

Smoothie bars make money by setting profit margins on all of their menu items. The standard rule is to set menu prices at roughly three times what it costs for the raw ingredients, though the exact amount you charge will be based on location as much as this generic recommendation. People are typically willing to pay a premium for fresh, quality ingredients they may not be able to get in their local grocery shops.

How much can you charge customers?

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Is It Cheaper To Make Smoothies At Home

Smoothies are undoubtedly a major part of summer. Aside from the sweet taste, smoothies are certainly a healthier alternative than those 32-oz. sugary drinks theyre trying to ban here in New York City. But if you head over to Jamba Juice or Smoothie King, itll easily cost you at least $5 for one smoothie. The alternative? Making one yourself at home. But that doesnt necessarily mean youll save money.

Take a basic smoothie for example: mixed berries, milk and maybe a scoop of protein powder. This will cost me $4.99 if I went out and bought one at my local smoothie shop. But to make this at home is going to cost just about that price. And I certainly dont make smoothies as good as the ones made at places like Jamba Juice.

Here were the ingredients and cost breakdown in the smoothie I made at home:

  • One bag of frozen berries at $2.99
  • 1/4 of a half-gallon container of milk
  • One scoop of protein power

So I spend $4.40 on this smoothie and that doesnt include the sales tax on all of these ingredients. When all is said and done, I only saved 20-30 cents by making the smoothie at home and some of the smoothies at the shop include other ingredients, like frozen yogurt, which would be included in that $4.99 price.

Youre Stuck With Your Lease Terms

When you lease equipment, most of the time youre responsible for paying the monthly fee for the entirety of the lease period. This applies even if you stop using your equipment or if your restaurant fails.

When you buy equipment, you can sell it if you no longer need it. With a lease, youre stuck paying for the equipment, no matter what situation you end up in.

This is especially important since restaurants have high failure rates compared to other businesses. In fact, about 80% of restaurants close during their first five years of operation .

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Best Smoothie King Near Me

505 Highway 7 E, Markham, ON

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1470 Centre Street, Vaughan, ON

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10650 Leslie Street, Richmond Hill, ON

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9342 Bathurst Street, Vaughan, ON

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3614 Victoria Park Avenue, Toronto, ON

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9555 Yonge Street, Richmond Hill, ON

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735 Markland Street, Markham, ON

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505 Highway 7, Markham, ON

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183-6464 Yonge Street, Toronto, ON

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3175 Rutherford Road, Concord, ON

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3255 Highway 7, Markham, ON

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4750 Yonge Street, Toronto, ON

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3636 Steeles Avenue E, Markham, ON

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17B Finch Avenue W, Toronto, ON

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3621 Major Mackenzie Drive, Woodbridge , ON

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1101 Rutherford Road, Thornhill, ON

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505 Highway 7 E, Markham, ON

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1440 Major MacKenzie Dr W, Vaughan, ON

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55 Doncaster Ave, Thornhill, ON

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10650 Leslie Street, Richmond Hill, ON

Closed

3913 Don Mills Road, North York, ON

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735 Markland Street, Markham, ON

Closed

1 Promenade Circle, Thornhill, ON

Closed

1470 Centre Street, Vaughan, ON

Closed

2535 Major Mackenzie Drive W, Vaughan, ON

Closed

10650 Leslie Street, Richmond Hill, ON

Closed

9555 Yonge Street, Richmond Hill, ON

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9737 Yonge Street, Richmond Hill, ON

Closed

250 Cochrane Drive, Markham, ON

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10768 Victoria Square Boulevard, Markham, ON

Closed

3160 Steeles Ave E, Markham, ON

Closed

ByAVNetwork Staff24 May 2021

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Smoothie King Healthy Rewards

How Much does A smoothie King Franchise Cost

For getting healthy rewards you need to download the Smoothie King app. Its free to sign up and fuel your purpose. You can Redeem healthy rewards. But you can read the full information to understand how to use it.

For taking franchise at your selected town you can also get the full details of it by

Smoothie King Hours

  • Monday to Saturday = 10 .00 am to 9.00 pm
  • Sunday = 11.00 am to 7.00 pm

Timing may vary by the locations so it can be little change So get the perfect timing to visit the official site.

Smoothie King Contact Us

Smoothie King Customer Review

If you are fitness conscious here the perfect blend served by Smoothie King Restaurant. I wanted to lose your weight then the slim blend is perfect for you for building a stronger immune system and an overall health boost. If you are just looking for the daily treat then they also have their amazing range.

You can review us in our comment box we will connect and try to more satisfy you. So thanks for visiting our page just do for us to give us your response in our comment box.

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Start Selling Nike Products In Your Store

As soon as Nike approves your application, you can use Nike branding to advertise its products in your retail shop. You can also start selling Nike products in your physical store or online. Heres how it works.

Youll purchase products at wholesale cost, which is a discounted price from what youll resell those items for in-stores. You may buy your products from Nike directly. Or you could purchase them from one of Nikes authorized wholesalers.

The exact number of products you can purchase from Nike will depend on how much distribution your business can do. Your stores sales capabilities will also determine product pricing and payment terms. Nike may extend its partners a line of credit, which it will dictate based on your business credit profile.

If your store ever changes business address, youll need to update that information on your ERA. You can also add new addresses if you open a second retail location under the same business license and model.

Considering A Smoothie King Franchise Dont Overlook These 25 Important Franchise Fees

Last updated on February 22, 2021in Franchise Fees, Smoothie Franchise

If you are considering a Smoothie King franchise, dont get blindsided by these 25 important franchise fees .

  • All fees are payable to Smoothie King and apply to the Franchise Agreement. The fees are non-refundable. Occasionally, Smoothie King waives or reduces certain one-time fees. Otherwise, the fees are uniformly imposed unless otherwise noted.
  • During the term of the Franchise Agreement, Smoothie King may offer optional services not currently contemplated for which Smoothie King may charge a fee.
  • All fees apply to both Traditional and Non-Traditional locations unless otherwise noted.

1. Initial Franchise Fee Traditional Location: $25,000 to $30,000

  • You will pay a $30,000 lump sum initial franchise fee when you sign the Franchise Agreement.
  • If you are an existing franchisee in good standing and meet Smoothie Kings qualifications, Smoothie King may approve you to develop an additional Unit.
  • If you are an existing franchisee in good standing and meet Smoothie Kings qualifications, Smoothie King will offer you a reduced initial franchise fee equal to $25,000.
  • Smoothie King is a member of the International Franchise Associations VetFran program. If you are an active member of the United States Armed Forces or if you have been honorably discharged from the United States Armed Forces, you will be eligible for a discount of 20% off the initial franchise fee.
  • Due Date: Same as Operating Fee.

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How Much Does It Cost To Open A Smoothie King

Smoothie King Franchises Inc. is an American privately held franchise company that offering consumers a variety of freshly blended smoothies made of fresh fruit and other nutritional enhancers that aim achieve different fitness goals.

This chain was established back in 1973 in Kenner, Louisiana by Steve and Cindy Kuhnau. Currently, Smoothie King has more than 1300 outlets in the United States and internationally, including South Korea, the Cayman Islands, and Singapore. Smoothies are in demand not only in the summer season, but year round and have even become a meal replacement for some.

How much will it cost to open a Smoothie King franchise? You will need $100,000 liquid capital and a total net worth of $300,000 to meet the financial requirements of this smoothie chain. A total investment of roughly $845,985 should be anticipated. The franchise fee for Smoothie King is $30,000. Find out if Smoothie King is the right business for you by completing our 7-minute franchise quiz.

Of course, the information does not end here. Scroll down for a more in-depth look at this franchise, including more guidelines, facts, and financial details you need to know before choosing a Smoothie King franchise.

Franchise Fee$30,000
Name of Fee
$577,100$845,985

Allegation For Unpaid Rent On Many Franchisees

How Much Money Can I Make With A Smoothie Bar – Let’s Learn Below!

A lawsuit was filed against Smoothie King franchisee, by Ivy League Enterprises Inc., a subsidiary of Cordish Cos., the Louisville Galleria LLC, for owing around $25,000 in unpaid rent. Such failure resulted in a lawsuit that is deteriorating brand image and left us perplexed about the financial mismanagement of franchisees.

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