The experience with Smoothie King so far has been great. I couldn't ask for a better group to work with. We are all successful because we work as a team. Everyone is approachable and helps you in every way they can. I look forward to continuing the success of my store and expand in the future.
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 $315,000 Net Worth with a minimum of $95,000 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|