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Smoothie King
121 Park Place
Covington, LA 70433
800#: (800) 577-4200
Tel: (985) 635-6973
Fax: (985) 635-6987
E-Mail: [email protected]
Web Site: www.smoothieking.com
Contact: Mr. Michael C. Powers, EVP New Business Develop.
SMOOTHIE KING is the original nutritional smoothie bar and health marketplace since 1973. Our brand is recognized by Entrepreneur Magazine as being # 1 in our category for 15 consecutive years and has steadily grown to 390 stores. Brand loyalty and recognition, corporate support and innovation are some reasons why SMOOTHIE KING is in the front of the industry.
Franchisor Background
Established: 1973
First Franchise: 1989
Franchise Units: 389
Company-Owned Units: 1
Total Units: 390
Distribution:
U.S. -- 378;
Canada -- 0;
International -- 12
-North America -- Operations in 35 States
-States/Provinces with Greatest Density: 112 in TX, 80 in LA, 54 FL
Projected New Units Over Next 12 months: 75
Franchisee Qualifications: 4, 4, 3, 3, 5, 4
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Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 2 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 800-1,000 SF; SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50K
Total Investment: $120-220K
Average Total Investment: $170.0K
Minimum Net Worth: $100K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5/5/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NA
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 50+
On-Going Support: B,C,D,E,F,G,h,I (Click here for an explanation)
Training: 7 Days New Orleans, LA.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: All Countries
Note: NR = No Response by Franchisor.
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