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Tropical Smoothie Cafe

2014 Franchise 500
#399
At a Glance

Products & Services: Smoothies, wraps, salads, sandwiches, flatbreads

Number of Locations: 385

Total Investment: $165.9K - $414.7K

Founded: 1997

Began Franchising: 1997

About Tropical Smoothie Cafe

Serving up smoothies since 1997, Tropical Smoothie Cafe added healthful breakfast, lunch and dinner items to its menu in 1999. Today the menu includes bagels, wraps, sandwiches, flatbreads, salads and kids' meals.

Franchise Units

Year U.S. Canadian International Company Owned
2014 384 0 0 1
2013 343 0 0 0
2012 317 0 0 0
2011 302 0 0 0
2010 277 0 5 4
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $165,940 - $414,685
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: 50% off franchise fee
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 - 20. Absentee ownership of franchise is allowed. (50% 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 week. At franchisee's location: 1 week. At existing store : 80 hours.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #399 (2014), #382 (2011), #181 (2010),
America's Top Global: #142 (2010),