Tropical Smoothie Cafe
Smoothies, sandwiches, wraps, coffee, soupsBackground
Founded: 1997 Franchising since: 1997
Franchisor is a privately-held company with 15 employee(s); 2 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
|
4100 Legendary Dr., #250 Destin, Florida 32541 |
Phone: (888)292-2522 |
Franchisor is a privately-held company with 15 employee(s); 2 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 271 | 0 | 5 | 2 |
| 2008 | 260 | 0 | 5 | 1 |
| 2007 | 238 | 0 | 5 | 1 |
| 2006 | 204 | 0 | 6 | 1 |
| 2005 | 150 | 0 | 6 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Costs and Fees
|
Total investment: $249K-380K Franchise fee: $20K |
Ongoing royalty fee: 6% Term of agreement: 20 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $80K
Business Experience:
- General business experience
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)
Training and Support
Training
Ongoing Support
Marketing Support
- 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
Rankings
Franchise 500® rank:
#176 (2009); #384 (2008); #127 (2007); #200 (2006); #139 (2005);
Fastest-Growing Franchises:
#78 (2007);
America's Top Global Franchises:
#137 (2009); #124 (2008); #112 (2007); #153 (2006); #109 (2005);
#176 (2009); #384 (2008); #127 (2007); #200 (2006); #139 (2005);
Fastest-Growing Franchises:
#78 (2007);
America's Top Global Franchises:
#137 (2009); #124 (2008); #112 (2007); #153 (2006); #109 (2005);