
Tropical Smoothie Cafe
Smoothies, salads, wraps, sandwiches, flatbreads- Units as of 2020
-
871 (273 added in 3 years)31.3%
- 2021 Franchise 500 Rank
-
#14 Ranked #18 last year
- Initial investment
-
$199K - $544K
Company Overview
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About Tropical Smoothie Cafe
- Industry
- Food
- Related Categories
- Smoothies/Juices, Fruit
- Founded
- 1997
- Leadership
- Charles Watson, CEO
Franchising Overview
- Franchising Since
- 1997 (24 years)
- # of employees at HQ
- 115
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 871 (as of 2020)
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
- $198,500 - $543,500
- Net Worth Requirement
- $350,000
- Cash Requirement
- $125,000
- Veteran Incentives
- 50% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 3%
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
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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: franchise fee, 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
- 182-222 hours
- Classroom Training
- 25 hours
- Additional Training
- At existing store
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 10
- Are exclusive territories available?
- Yes
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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.
Franchise 500 Ranking
Fastest-Growing Franchises
Top Franchises for Veterans
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