
Tropical Smoothie Cafe
Smoothies, salads, wraps, sandwiches, flatbreads- 2023 Franchise 500 Rank
-
#11 Ranked #10 last year
- Initial investment
-
$277K - $584K
- Units as of 2022
-
1,142 45.7% over 3 years
Company Overview
Tropical Smoothie Cafe is a fast-casual cafe concept with locations nationwide, offering snack and meal options for any time of the day, including real-fruit smoothies, bowls, wraps, and sandwiches. The company offers an app as well as mobile ordering capabilities.
About Tropical Smoothie Cafe
Business Overview
- Franchising Since
- 1997 (26 years)
- # of employees at HQ
- 120
- Where seeking
-
This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
- # of Units
- 1,142 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Tropical Smoothie Cafe franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $30,000
- Initial Investment
- $277,000 - $584,000
- Net Worth Requirement
- $350,000
- Cash Requirement
- $125,000
- Veteran Incentives
- 50% off first-store franchise fee; $5,000 off franchise fee for additional stores
- Royalty Fee
- 6%
- Ad Royalty Fee
- to 6%
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Tropical Smoothie Cafe has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 170-210 hours
- Classroom Training
- 25 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite Selection
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 15-20
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Tropical Smoothie Cafe? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Tropical Smoothie Cafe landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Tropical Smoothie Cafe ranked on other franchise lists? Find out below.
Ranked #11 in 2023
Franchise 500 Ranking
Ranked #28 in 2022
Fastest-Growing Franchises
Ranked #10 in 2022
Top Franchises for Veterans
Ranked #17 in 2022
Fastest-Growing Franchises (U.S. & Canada)
Ranked #1 in Smoothies/Juices in 2021
Best of the Best
Ranked #1 in Smoothies/Juices in 2022
Top Food Franchises
Ranked #1 in 2023
#1 in Smoothies/Juices Category
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