I really love working in my Smoothie King store, as I have the opportunity to chat with hundreds of guests each and every day. Not to mention, I love that I'm serving a product that is genuinely healthy and nutritious. The hours are ideal, my staff is incredible, our location is dynamic, and serving the general public is my pleasure. When you hear the testimonials from guests that have recovered from cancer, gastric bypass, or obesity, all in part to our product, then it makes it easy to get out of bed every day.
The following costs are excerpted from Smoothie King's Franchise Disclosure Document and are estimated. Each Smoothie King franchisee has the right to initially develop one store for the franchise fee of $30,000. The difference between low and high investment levels exists due to varying store sizes, build out costs and expenses.
The financial requirement to open a Smoothie King in the United States is $250,000 Net Worth with a minimum of $75,000 in liquid assets. We also require Sales, Marketing, Restaurant, and/or Retail Experience.
|Initial Franchise Fee||$20,000||$30,000|
|Three Month's Rental Deposit||6,000||18,000|
|Grand Opening Marketing||2,500||2,500|
|Travel and Training Expenses||2,700||4,200|
|Insurance (First Year's Premium)||1,500||5,000|
|Other Prepaid Expenses||1,000||2,500|
|Start-up supplies, inventory||7,000||14,000|
|Equipment, Millwork, Fixtures/Signage and Graphics||57,350||112,850|
|Legal, Accounting & Organizational Costs||500||4,000|
|Additional Funds- 3 Months||15,000||25,000|