I’ve been in franchising since 1990, when my son-in-law, Russ Rissman, and I opened our first Subway location. After selling all our subway stores, we became tropical smoothie cafe franchise owners in 2011
Is Tropical Smoothie Cafe Black Owned?
Tropical Smoothie Café Tropical Smooth Café locations are 193 times more likely to be black-owned than the average franchise Tropical Smoothie Cafe offers the best of both worlds with healthy smoothies and snacks that will satisfy your craving and your sweet tooth.
Is tropical smoothie veteran owned?
Tropical Smoothie Cafe®, A Franchise for Veterans Tropical Smoothie Cafe® has been a proud supporter of military veterans since our inception, which is why we were awarded 5 stars by VetFran, as well as a Top Franchise for Veterans by Entrepreneur magazine the last 4 years in a row.
How many franchises does tropical smoothie have?
As of December 26, 2021, there were 1,038 franchised Restaurants and 1 company-owned Restaurant. Of the 1,038 franchised Restaurants, 906 were franchised Restaurants that had been open for at least 12 months as of December 26, 2021.
Is tropical smoothie real fruit?
Tropical Smoothie Cafe uses real fruit Unlike some smoothies out there, you can count on getting a smoothie made from real fruits and veggies when you go to Tropical Smoothie Cafe. Generally, the stores use frozen fruit, but don’t write them off jus yet.
How much does it cost to open a Tropical Smoothie Cafe?
What Does a Tropical Smoothie Cafe Franchise Cost? To buy a franchise with Tropical Smoothie Cafe, you’ll need to have at least $125,000 in liquid capital and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $198,500 – $543,500.
Are there any black franchise owners?
A Better Weigh began franchising in 2020 to help my ongoing mission to promote and support Black franchise ownership. We have successfully opened two franchise locations: Tinley Park, Ill., and Schererville, Ind.
Who is the CEO of tropical smoothie?
Charles is the chief executive officer at Tropical Smoothie Café and focuses on the sustainable growth of the franchise system with current goals of 1500 units, $1.2M Average Unit Volume and over 20% average unit profitability.
How much can you make owning a tropical smoothie?
Average Net Revenues in 2021 It is estimated that based on average net revenue of $1,009,803 and a profit margin of 15%, the average tropical smoothie franchise owner salary/ compensation is $126,000 per year.
Which franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.
What is in the Energizer at Tropical Smoothie?
ENERGIZER™ from Power Blendz features an improved Natural Caffeine Blend with Green Coffee Bean, Taurine, and Niacin , that provides a serious kick of energy to help you get through your day. Our improved blend no longer has a bitter aftertaste.
Is Tropical Smoothie healthy?
But while they may seem like a healthy alternative to milkshakes and sodas, smoothies can pack just as much sugar and calories The average amount of calories and sugar among all of Tropical Smoothie Cafe’s smoothies is about 495 calories and 90 grams of sugar.
Who owns Smoothie King?
In July 2012, Smoothie King co-founders, Steve and Cindy Kuhnau, sold the brand to SK USA, Inc. , headed by CEO Wan Kim, a successful franchisee with more than 100 stores throughout South Korea.
How much is it to own a Jamba Juice franchise?
The total investment for a traditional Jamba Juice store ranges from $273,000 to $504,300, including a $35,000 franchise fee There is also a 6% royalty fee and a 3% advertising fee due annually.
How much does it cost to open a Wingstop franchise?
Franchise fee: The Wingstop franchise fee is $20,000 per store There is also a development fee of $10,000 per store. Keep in mind, you’re required to open at least three stores. Net worth: Wingstop requires a minimum net worth of $1.2 million.
What base does Tropical Smoothie use?
Tropical uses ice with a little water to make its smoothies thick. And because ice, or too much of it, can dilute the flavor of a smoothie, Tropical uses juice concentrate instead of regular juice to compensate for the ice.
Can you freeze Tropical Smoothie?
To freeze smoothies: Pour into jars or airtight containers, leaving room for expansion, and freeze for up to 3 months For best results, thaw overnight in the fridge.
Where did Tropical Smoothie originate?
What began as a single location on a beach in Destin, Florida , has grown to be a lifestyle brand for people looking for better-for-you alternatives to fast food. Every day, we serve up great-tasting, nutritious food and smoothies at more than 1,000 locations in the U.S., with more in development.
Is wingstop a black owned business?
Although Wingstop is owned by a major parent organization called Roark Capital Group, nine of the locations, which are mostly located in the southeast U.S., are owned by Black rapper Rick Ross , according to Forbes.
Does Tropical Smoothie Café add sugar to their smoothies?
In fact, the chain actually adds pure sugar into this smoothie : “Turbinado,” one of sugar’s sneaky names, appears right on the ingredients list.
What is the healthiest smoothie at Tropical Smoothie?
Most Nutritious Option The most nutrient-packed and healthy option at Tropical Smoothie Cafe is the popular Detox Island Green smoothie , thanks to its fresh vegetable and fruit ingredients.
How much is a Smoothie King franchise?
How much does it cost to open a typical Smoothie King location? The estimated initial investment for an inline or end-cap store can be between $320,301 and $585,465 (including a $30,000 franchise fee). The estimated initial investment for a free-standing drive-thru store can be between $723,501 and $1,184,865.
Does Tropical Smoothie use dairy?
Tropical Smoothie Cafe defines a vegetarian diet as one that excludes animal meats like poultry, beef, and other animals, but may include eggs, dairy, fish, honey and foods with animal by-products Many of our items can be made vegetarian with Plant Based Chicken Substitute.
How much is a Dunkin Donuts franchise?
Here is a breakdown and ranges of the financial requirements to open a Dunkin’ franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.
How do you become a Chipotle franchise owner?
Chipotle doesn’t offer a franchise opportunity and therefore doesn’t have any fees. With that being said, here’s what similar concepts charge by evaluating similar concepts like Qdoba and Moe’s Southwest Grill.
Does Tropical Smoothie use real bananas?
It’s made with low fat milk and real bananas , and has 7 grams of protein per serving. Every serving contains eight essential nutrients: protein, calcium, potassium, vitamin B12, vitamin A, vitamin D, riboflavin, and phosphorus.
What bread does Tropical Smoothie use?
It starts with Nine-Grain Wheat Bread , topped with Cranberry Walnut Chicken Salad, Tomatoes & Field Greens.
Does Tropical Smoothie have a secret menu?
There’s not a Tropical Smoothie secret menu , despite what you hear on TikTok.
How much does a Taco Bell franchise cost?
Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.
What is in Jamba Juice?
Pomegranate Juice Blend (Apple Juice [from concentrate], Pear Juice [from concentrate], Pomegranate Juice [from concentrate], Citric Acid, Fruit & Vegetable Juice [color], Natural Flavor), Coconut Water Beverage (Coconut Water [from concentrate], Citric Acid, Lemon Juice [from concentrate]), Frozen Blueberries, Frozen.
How much does Tropical Smoothie pay in Maryland?
The average Tropical Smoothie Cafe salary ranges from approximately $35,096 per year for a Store Manager to $66,172 per year for a District Manager The average Tropical Smoothie Cafe hourly pay ranges from approximately $9 per hour for a Cashier and Crew Member to $19 per hour for a Store Manager.
Who is the wealthiest black person in America?
- Aliko Dangote, $13.5 billion.
- Mike Adenuga, $9.1 billion.
- Robert Smith, $5 billion.
- David Steward, $4 billion.
- Abdul Samad Rabiu, $3.2 billion.
- Kanye West, $3.1 billion.
- Oprah Winfrey, $2.7 billion.
- Strive Masiyiwa, $2.4 billion.
What NFL team is owned by a black man?
The NFL’s only minority owners are Shahid Khan of the Jacksonville Jaguars and Kim Pegula of the Buffalo Bills.
How many NBA owners are black?
Currently, there are only six people of color with ownership across all three major U.S. sports, Major League Baseball (MLB), the National Basketball Association (NBA), and the National Football League (NFL).
How long has Tropical Smoothie been around?
Founded in 1997 , Tropical Smoothie Cafe is a fast-casual restaurant concept inspiring healthy lifestyles across the country, with over 465 locations nationwide.
How many Smoothie King locations are there?
Whether you need a meal replacement, an afternoon snack, or fuel for your workout, Smoothie King has over 1,000 store locations across the U.S. Simply plug in your zip code or your city & state into our store locator below, and enjoy your next step in achieving your daily health goals.
Can you invest in the Tropical Smoothie Cafe?
Investment and fee structure A new Cafe investment is between $277,000 and $584,000 † Costs vary by location, and the average cost is approximately $400,000 ‡ Ongoing fees per Cafe as a percentage of gross sales: 6% Royalty Fee.
How can I get a Starbucks franchise?
Unfortunately Starbucks is not a franchise so therefore you may not outright own one. But you can open a Starbucks as a licensor. The total investment is approximately $315,000. Starbucks prefers licensing to keep control over the stores and the product’s quality.
Under what conditions can the franchisor and/or the franchisee terminate the franchise agreement?
A franchisee can terminate the agreement if a franchisor: Fails to provide training and support as stipulated in the contract Commits fraud or misrepresents the potential profits. Fails to protect the franchisee’s business opportunity or territory.
How much do Chick-fil-A owners make?
Most fast food companies don’t make it widely known just how much their franchise owners earn a year, but that doesn’t mean it’s not possible to get a pretty good idea. According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of around $200,000 a year.
How much does a Subway owner make?
Average Sales / Revenue per Year They generate an annual average of $422,000 sales per franchise unit Statistically speaking, most franchises make only an average of 7.5% of their annual sales, which comes around to $31,000 profit.
How much does it cost to own a Chick-fil-A?
Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee , but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.