Smoothie King has built their brand around providing better-for-you options for 40 years.
The initial franchise fee for a Smoothie King location is $15,000 to $30,000. This fee grants recipes and support services. Total investment to open can range from $263,550 to $844,550. This covers improvements, equipment, inventory, signage and expenses.
Smoothie King was ranked the #1 Juice Bar Franchise on Entrepreneur Magazine’s Annual Franchise 500 list through 2020. The typical Smoothie King franchisee profit is $75,000-$108,000. Royalty fees pay 5.5% of sales up to $500,000, dropping to 8% above $500,000. An extra 1.5% goes to marketing.
Owning a major franchise like Smoothie King allows profit from an established brand. Smoothie King’s 2021 retained earnings were $13.71 million, more than doubling since 2019. Smoothie King has approximately 600 shops continuously expanding.
Smoothie King is a privately held New Orleans, Louisiana-area-based Franchise Company. Smoothie King Centers offer guests the industry’s first nutritional and function-based, fresh blended smoothies.
In 2018, Smoothie King debuted on the “Inc. 5000” list.
How much does Smoothie King make yearly?
Smoothie King’s 2021 retained earnings were $13.71 million, indicating strong profitability and growth.