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Tropicana Smoothies, Juices & More!
 

TROPICANA SMOOTHIES, JUICES & MORE! is a co-branding concept with premium-quality smoothies, nationally-branded ice cream and frozen yogurt. Concept will be sold as exclusive Territory Development Agreements for markets with a minimum of 500,000 population, with a development commitment of 5 stores in 10 years for established food-service and retail owners/operators.

Franchisor Background

Year Established:

  1949

Franchising Since:

  2004

Operating Units:

Franchised Units:8 80%  
Company-Owned Units:2 20%  
 ______ _____  
Total Operating Units:10 100%  
 

Geographic Distribution:

U.S.:10 100% In 7 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:10 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Nevada2
2. Illinois2

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$500K
Cash Investment:$100-150K
Total Investment:$175-225K/Unit
Average Total Investment:$200K
 

Fees:

Initial Franchise Fee:$75K/Territory
Average Franchise Fee:$75K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:1%

Average Number of Employees:

   3-4 Full-time, 2-4 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Regional Mall

Other Sites:

   Power, Upscale Ctr.

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:100
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Las Vegas, NV
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:4
Formal Education:4
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   12
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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