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Smoothie King
121 Park Pl.
Corington, LA 70433


Submit an online form to receive information from Smoothie King.
Business Description

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

Year Established:  1973

Franchising Since:  1989

Operating Units:

Franchised Units:

385

99.7%
Company-Owned Units:10.3%
 
Total Operating Units:
386
100.0%
 
Geographic Distribution:
U.S.:37496.9%In 35 States
Canada:00%In 0 Canadian Provinces
International:123.1%In 0 Foreign Countries
 
Total:
386
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida54
2. Louisiana80
3. Texas112

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: $100K
Cash Investment:$50K
Total Investment:$120-220K
Average Total Investment:$170K
 
Fees:
Initial Franchise Fee:$25K
Average Franchise Fee:$25K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:1%
 
Average Number of Employees: 2 Full-time, 6 Part-time

Space Needs (in square footage): 800-1,000

Preferred Sites: Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:3
Formal Education:3
Psychological Profile:5
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:10/5/5/5 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 50
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?N/A
 
Marketing Support:
Co-Op Advertising:Yes
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:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. New Orleans, LA7 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 75

U.S.:

Yes, All United States
Canada:No
Overseas:Yes, All Countries
Submit an online form to receive information from Smoothie King.