Learn More About Our Nationally Recognized Smoothie Franchise
Smoothie King embraces a connected franchise culture that focuses on helping consumers lead healthier lifestyles. We appreciate your interest in our brand and what we do for our communities. Our support team members have provided answers to commonly asked questions below and would be happy to address any additional questions you may have about our unique Smoothie franchise opportunity.
Dont hesitate tocontact us with any additional questions you may have. Our friendly franchise support team members look forward to connecting with you!
What Is The Cheapest Franchise To Start With
Smoothie King Net Worth Requirements
Confirm that you meet the financial requirements to obtain a franchise. You need at least $100,000 cash, a minimum net worth of $300,000 and a minimum credit score of 700. The company does not require previous small business experience as they provide extensive training to new franchisees. Moreover, you do not have to actively manage your franchise, although you do have to complete the training program.
Submit the franchise application that you will find on the Smoothie King corporate website.
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Average Sales / Revenue Per Year Of Smoothie King
Smoothie King does not share official data on per-location revenues, but we can calculate the average revenue per store with a little math. The company was able to generate $415.7 million of revenue in 2020 and have over 1,300 locations around the world. When calculated, this would result in average annual revenue of over $300,000 per location. That figure is merely an average, and it may or may not correctly reflect the total possible revenue for a certain location.
Franchise Review: How Much Does it Actually Cost to Open a Tropical Smoothie Cafe?
Smoothie King was voted number one on Entrepreneurs annual Franchise 500 list, indicating that many people see it as a viable franchise opportunity. 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.
Tropical Smoothie Franchise Cost Exposed
Tropical Smoothie Franchise offers customers a variety of premium, handcrafted smoothies made with select fruit and vegetables blended fresh in the cafe using proprietary recipes, as well as specialty sandwiches, flatbreads, wraps, and bowls.
A Tropical Smoothie Cafe is a better-for-you, fast-casual restaurant business offering freshly prepared food and smoothies served in a fun, friendly environment. There are currently 913 franchised locations and 1 company-owned restaurant.
Tropical Smoothie Cafe is a Georgia LLC organized on June 25, 2012. Charles Watson has been the CEO since December 2018. Tropical Smoothie Cafe was recognized as one of the Top 10 Fastest-Growing Chains as well as Entrepreneurs Best Franchises for Any Budget. We will examine if the initial Tropical Smoothie Franchise Cost is worth the potential return.
You can learn more here:
00:00 Introduction00:17 Tropical Smoothie Cafe Franchise00:36 Initial Franchise Fee01:10 Average Sales and Profits01:41 Recoupment of initial investment02:40 Finantials04:29 Conclusion
#TropicalSmoothieCafe #VettedBiz #FranchiseReview
The Tropical Smoothie franchise fee is $30,000. This is the upfront fee that must be paid when opening a Tropical Smoothie Cafe franchise. You will also pay a grand opening marketing contribution of $10,000.
The estimated total investment necessary to begin the operation of a Tropical Smoothie cafe ranges from $257,500 $560,500.
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Eat Better Feel Better Its Our Mantra
Todays consumers are embracing healthier food options and more active lifestyles. Tropical Smoothie Cafe is ready to satisfy the cravings of our health-conscious, flavor-craving guests. To keep up with them, we opened 124 Cafes in 2019, and have been recognized as one of 2019s fastest-growing franchises by Entrepreneur and Nations Restaurant News.
- 5+ multiple revenue streams with drive-thru, delivery, curbside pickup, online and mobile app ordering
- $9.47 average ticket per person thanks to our balanced mix of smoothies and food that supports all dayparts
- 840+ locations coast-to-coastwith 486+ opened in the last 5 yearsfeeds the demand of our loyal customer base
- 213 new agreements signed in 2019, with 60% coming from existing Franchise Owners
- Ranked one of the best by the best. Entrepreneur #18 Franchise 500 , Franchise Times #17 Fast & Serious Smartest-Growing Brands , Franchise Business Review Top 40 Franchises by Franchisees
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How To Apply At Smoothie King
Online Application. Pay a visit to careers-smoothieking.icims.com/jobs, which is the careers site of Smoothie King. There you can see job listings posted onscreen. Choose the right position you want to apply for. Then follow the guidance online to submit your application request. You can return to your candidate dashboard to check your application status. You can also visit Smoothie King Frequently Asked Questions to find answers for your questions at media.icims.com/training/candidatefaq/faq.html.
Use Printable Application Form. To apply for Smoothie King positions in store, you should download this printable Smoothie King job application form firstly. Then, fill the form with all the information asked correctly and attach your personal resume to it. Just hand in your application form to the hiring manager of the store you are to apply for job with.
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How Do I Start A Smoothie Business From Home
Smoothies With A Purpose
Fruit, juice, yogurt, and dairy are all commodities that anyone with a blender can provide. Only Smoothie King creates specialized Smoothies that are expertly blended with more than just fruit in a blender for specific needs, goals, and ambitions.
From the name of each Smoothie to the balanced blend of ingredients, everything we create is designed to help you achieve your specific purpose.
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A Recipe For Success With Smoothie King
When franchisees invest in Smoothie King, theyre not only investing in themselves and the business, theyre helping each guest invest in their own well-being.
Anyone can toss fruit, vegetables, yogurt and dairy into a blender. Our brand creates specialized smoothies expertly blended for guests specific needs, purpose and goals which has been our purpose from the very start.
Weve fine-tuned our business systems to make our stores simpler to operate with limited inventory and waste, multiple revenue streams and lower initial investment than other quick-service restaurants.
We optimize our business model by keeping a close eye on the metrics that drive unit performance.
How Much Does Starbucks Pay Part
The hourly earnings for employees at Starbucks vary because of state and city minimum wage laws. We can give you a general idea of what the hourly pay is for each position. Starbucks prides themselves on offering competitive pay, excellent benefits, and a welcoming environment for all of their employees.
As a barista at Starbucks, you will be making somewhere between minimum wage and $15 per hour. If you are coming in at entry-level without any prior experience, then you will most likely start out around $8 an hour.
The average hourly rate for a Starbucks barista is $9.
The rate of pay for shift supervisors is between $9 to $18 an hour. This position does require at least one year of retail or restaurant experience, so you can negotiate your wage based on your experience and skill level.
The average hourly rate for a Starbucks shift supervisor is $12.
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How To Open A Juice Bar In 11 Steps
Meaghan has provided content and guidance for indie retailers as the editor for a number of retail publications and a speaker at trade shows. She is Fit Small Businesss authority on retail and ecommerce.
This article is part of a larger series on Starting a Business.
To open a juice bar or storefront that serves fresh-squeezed juices and smoothies, youll need a prime location, savvy business plan, and juicing equipment. Starting costs range between $20,000 $400,000, and average annual revenue is $100,000 $600,000. Successful juice bars require hard work, creativity, and a passion for fresh foods.
The most important 11 steps to open a juice bar are:
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Smoothie King On Providing Frictionless Customer Experiences
The dining experience rapidly changed with the pandemics arrival. Before March 2020, a typical dining interaction was a fairly high-contact experience. The guest sat at a table in a restaurant dining room, and a server took orders and brought out food, which was usually consumed in-house. In the pandemics wake, restaurants
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Checking Out The Juice Bar Market
With around 125 juice bar businesses across the UK, the juice bar market is still very much in the stages of development.
Originally developed in sunny Australia and the US to offer a healthy and natural alternative to fatty fast good, juice bars make delicious food and drink accessible fast and without the guilt.
And the demand for juice is certainly present in the UK, with a 2019 study finding that 54% of all 16 24-year-olds drink juice at least once a day, with one-fifth opting to drink smoothies daily.
Many franchises are present in the juice bar market, including Boost Juice and UK-based Souper Juice, founded in 2018.
Weve also seen the rise of mobile juice bars, in the form of small, compact stands that can be set up quickly and easily anywhere. TruFoo Juice Bar is one popular brand that offers this service.
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Smoothie King Careers In Management
While you fill out the Smoothie King application, you will also be able to apply for a number of management-level jobs that include: shift supervisor, team leader, general manager, assistant manager, field manager, and financial analyst. In most cases, if you apply for assistant or trainee management jobs, your salary will start around $20- to $25,000 per year. If you want to apply for a full manager job, salaries start at $30- to $40,000 per year.
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Use Your Local Chamber Of Commerce
Sign up for your local Chamber of Commerce. They have plenty of experience with grand openings, and will help you plan yours. In addition to sharing tips and best practices, the Chamber of Commerce also has lots of connections in the community and a vast network of other business owners. They will likely help you advertise the event, and even recruit a few other local businesses to attend and show support.
Some Chamber of Commerce chapters also have agreements with local papers or local elected officials on having them attend business openings. Having your event documented in the local newspaper is a great way to boost visibility. Really, there is no downside to contacting your towns Chamber of Commerce and working with them to plan your event.
Ways To Build Good Workplace Relationships
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Build A Juice Bar Branding Strategy
To successfully open a juice bar business, you will also need a branding strategy and marketing plan. Youll want to develop a logo, color scheme, and a plan for attracting customers to your business. For most local stores, effective marketing strategies involve a combination of digital and offline tactics. But the basics include designing a logo and creating a website.
Find A Business Mentor
One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.
Having a support network in place to turn to during tough times is a major factor of success for new business owners.
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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.
What Is The Best Source For Researching The Smoothie King Franchising Opportunity
Each qualified candidate receives a copy of the Smoothie King Franchise Disclosure Document , which provides the following information and more: franchisors financial statements, copy of the franchise agreement, copy of the area development agreement, list of existing franchisees to contact, cost breakdowns, advertising fees, royalties, and initial franchise fees.
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Smoothie King Jobs And Careers
Smoothie King is one of the most popular destinations for young Americans. You may be thinking that the company is also a popular destination for young job seekers in the country, and this would be correct. While there are increases seasonally, job applications are submitted to Smoothie King during the whole year. The most popular job position at Smoothie King is the team memberposition, which is also sometimes referred to as smoothiemaker. If you apply for this position at Smoothie King, you have a decent chance of being hired, because the tasks of this job position are easy and there are almost no prerequisites. In contrast to this basic entry-level job, supervisor positions at Smoothie King also exist. Examples of such jobs are shift lead, assistant manager, payroll and benefits administrator, and general manager.
Calculate How Much Does It Cost To Open A Juice Bar Business
The total juice bar start up costs would make about $20,000. To help you understand how much money you need when opening a juice bar business and what youll have to spend it, we have compiled a list of the approximate costs of a juice bar in a shopping mall. But remember, all costs will be individual to each case.
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How To Start A Juice Bar And Smoothie Business
Like any business, , upfront investment and a lot of hard work. Not to mention, a few high-tech pieces of equipment and a refrigeration unit that meets food service standards.
Using just a regular fridge and your home bullet or piña colada blender wont cut it, as the wear and tear on home use food processing will cause you to blow through these fairly quickly. Foodservice units are prepared for heavy use and crafted from materials that are rust-resistant, easy to clean and safe for anyone to handle. Here are some of the things youll need before you blend your first kale.
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Step : Register For Taxes
You will need to register for a variety of state and federal taxes before you can open for business.
In order to register for taxes you will need to apply for an EIN. It’s really easy and free!
You can acquire your EIN for free through the IRS website, via fax, or by mail. If you would like to learn more about EINs and how they can benefit your LLC, read our article, What is an EIN?.
Small Business Taxes
Depending on which business structure you choose, you might have different options for how your business will be taxed. For example, some LLCs could benefit from being taxed as an S corporation .
You can learn more about small business taxes in these guides:
There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides.
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