Mr. Smoothie

At a Glance

Products & Services: Smoothies & frozen yogurt

Number of Locations: 13

Total Investment: $87.7K - $377.4K

Founded: 1996

Began Franchising: 1998

Franchise Units

Year U.S. Canadian International Company Owned
2013 12 0 0 1
2012 10 0 0 2
2011 9 0 0 2
2010 12 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Middle East.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $87,650 - $377,400
Franchise Fee: $20,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $50,000
Operations
25% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1-2 weeks.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Other marketing support: Social media

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