Mr. Smoothie

Smoothies & frozen yogurt
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$88K - $377K
Units as of 2013
13

Company Overview

About Mr. Smoothie

Related Categories
Frozen Yogurt, Smoothies/Juices
Founded
1996
Leadership
Jeffrey Mahan, CEO
Corporate Address
9170 Traville Gateway Dr., #354
Rockville, MD 20850

Business Overview

Franchising Since
1998 (25 years)
# of employees at HQ
3
Where seeking

This company is offering new franchisees worldwide.

This company is offering new franchisees in the following US states:

# of Units
13 (as of 2013)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Mr. Smoothie 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
$20,000
Initial Investment
$87,650 - $377,400
Net Worth Requirement
$200,000
Cash Requirement
$50,000
Royalty Fee
6%
Ad Royalty Fee
to 2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

franchisees.

Third Party Financing
Mr. Smoothie has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

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
6-10 days
Classroom Training
1-2 weeks
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations

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
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022