Planet Smoothie
Smoothies and snacks

Planet Smoothie
Smoothies and snacks

About
Founded

1995

Franchising Since

1998 (22 Years)

Corporate Address

9311 E. Via De Ventura
Scottsdale, AZ 85258

Leadership

Eric Lefebvre, CEO

Parent Company

MTY Franchising USA Inc.

Ticker Symbol

KAHL

Financial Requirements
Initial Investment ⓘ

$79,650 - $358,500

Net-worth Requirement ⓘ

$150,000

Liquid Cash Requirement ⓘ

$90,000

Ongoing Fees
Initial Franchise Fee ⓘ

$20,000 - $25,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Planet Smoothie offers in-house financing to cover the following: inventory, accounts receivable, payroll

Planet Smoothie has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

24 hours

Classroom Training:

40 hours

Additional Training:

3 weeks total

Absentee Ownership Allowed
Bio

Martin Sprock opened the first Planet Smoothie store in Atlanta in 1995. Since then, the company has expanded throughout the United States.

Each Planet Smoothie location serves a variety of fruit smoothies, wrap sandwiches (called Round-A-Bouts), soups, vitamins, supplements and low-fat snacks.
Cost
Initial Investment: Low - $79,650 High - $358,500
Units
+8.8%+11 UNITS (1 Year) +12.4%+15 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 11th, 2020
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