Start-Up Costs and Fees |
||
| Tropical Smoothie Cafe | Larry's Giant Subs | |
| Investment | 198500 - 543500 | 136800 - 201900 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | |
| Year Founded | 1997 | 1982 |
| Year Franchised | 1998 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tropical Smoothie Cafe | Larry's Giant Subs | |
| Experience | 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!!! | Industry experience General business experience |
Financing Options |
||
| Tropical Smoothie Cafe | Larry's Giant Subs | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Tropical Smoothie Cafe | Larry's Giant Subs | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, Regional advertising |
| 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 | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
||
| Tropical Smoothie Cafe | Larry's Giant Subs | |
| 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 | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |
| Franchise Fee | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |
| Royalty Fee | |
| Tropical Smoothie Cafe | 6% |
| Larry's Giant Subs | 6% |
| Advertising Fee | |
| Tropical Smoothie Cafe | 3% |
| Larry's Giant Subs | |
| Year Founded | |
| Tropical Smoothie Cafe | 1997 |
| Larry's Giant Subs | 1982 |
| Year Franchised | |
| Tropical Smoothie Cafe | 1998 |
| Larry's Giant Subs | 1986 |
| Term Of Agreement | |
| Tropical Smoothie Cafe | 15 years |
| Larry's Giant Subs | 10 years |
| Renewal Fee | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | $1K |
Business Experience Requirements |
|
| Experience | |
| 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!!! |
| Larry's Giant Subs | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Tropical Smoothie Cafe | No |
| Larry's Giant Subs | No |
| Start-up Costs | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |
| Equipment | |
| Tropical Smoothie Cafe} | |
| Larry's Giant Subs | |
| Inventory | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |
| Receivables | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |
| Payroll | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |
Training & Support |
|
| Training | |
| 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. |
| Larry's Giant Subs | |
| Support | |
| Tropical Smoothie Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Tropical Smoothie Cafe | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| 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 |
| Larry's Giant Subs | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Larry's Giant Subs | |
| Canada Expansion | |
| Tropical Smoothie Cafe | 0 |
| Larry's Giant Subs | |
| International Expansion | |
| Tropical Smoothie Cafe | |
| Larry's Giant Subs | |