Start-Up Costs and Fees |
||
| Smoothie Factory | Tropical Smoothie Cafe | |
| Investment | 141500 - 424500 | 198500 - 543500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3% | |
| Year Founded | 1996 | 1997 |
| Year Franchised | 1997 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smoothie Factory | Tropical Smoothie Cafe | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! |
Financing Options |
||
| Smoothie Factory | Tropical Smoothie Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smoothie Factory | Tropical Smoothie Cafe | |
| Training | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 | |
Expansion Plans |
||
| Smoothie Factory | Tropical Smoothie Cafe | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
| Franchise Fee | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
| Royalty Fee | |
| Smoothie Factory | 5% |
| Tropical Smoothie Cafe | 6% |
| Advertising Fee | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | 3% |
| Year Founded | |
| Smoothie Factory | 1996 |
| Tropical Smoothie Cafe | 1997 |
| Year Franchised | |
| Smoothie Factory | 1997 |
| Tropical Smoothie Cafe | 1998 |
| Term Of Agreement | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | 15 years |
| Renewal Fee | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
Business Experience Requirements |
|
| Experience | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
| Tropical Smoothie Cafe | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! |
Financing Options |
|
| Franchise Fees | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
| Start-up Costs | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
| Equipment | |
| Smoothie Factory} | |
| Tropical Smoothie Cafe | |
| Inventory | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
| Receivables | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
| Payroll | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |
Training & Support |
|
| Training | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. |
| Support | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 |
Expansion Plans |
|
| US Expansion | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | 0 |
| International Expansion | |
| Smoothie Factory | |
| Tropical Smoothie Cafe | |