SMOOTHIE KING INITIAL INVESTMENT REQUIREMENTS
What It Costs to Own a Leading Juice Bar Franchise
The following costs are excerpted from Smoothie King’s Franchise Disclosure Document (FDD) and are estimated. Each Smoothie King franchise owner 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 labor, location, varying store sizes, build-out costs and expenses, and your experience and management of the store’s development.
Fruit, juice, yogurt, and dairy are all commodities that anyone with a blender can provide. Only Smoothie King creates specialized Smoothies that are expertly blended with more than “just fruit in a blender” for specific needs, goals, and ambitions.
Below are the financial requirements to open a Smoothie King in the United States:
- Investment Range:
- Endcap or inline location: $311,601–$638,465
- Free-standing Drive-thru location: $762,400–$1,379,150
- Minimum Net Worth (1 Store): $350,000
- Minimum Liquidity (1 Store): $150,000
- Minimum Credit Score: 700
Power Your Customers' Days and Boost Your Bottom Line
Our new smoothie bowls are bursting with fresh superfoods to pack a power punch while you bolster your bottom line. Smoothie bowls are exploding in popularity thanks to their superfood component. As more consumers are invested in their health and fitness than ever before, more are realizing the exceptional nutrient density of smoothie bowl ingredients, including superfoods. This is driving the booming global superfoods market – with an estimated value of $190.5 billion for 2023, the industry expects an annual compound growth rate of 7.6%.
It’s a great time to consider a franchise opportunity with the world’s largest smoothie brand so you can break into this strong and growing industry. Our franchise opportunity enables franchisees to provide the fresh smoothies and smoothie bowls our customers enjoy while they benefit from world-class support, comprehensive guidance, marketing strategies, refined technology systems, and much more, all as part of Smoothie King’s powerful brand positioning.
Avoid the Pitfalls of Starting from Scratch
Smoothie King offers a starter kit unlike any other, allowing you to embrace your entrepreneurial spirit and forego many issues even the best business leaders face when trying to start an operation from scratch. We offer the support and training of an industry-leading brand and more experience than any other Smoothie franchise. With our invaluable resources, your desire to help consumers live healthier, happier lives, and our combined passion for Smoothie King, we can rule the day as we change lives for the better.
END-CAP OR IN-LINE LOCATION
| Types of Expenditures | Amount | Method of Payment | When Due | To Whom Payment Is To Be Made |
| Initial Franchise Fee 1 | $25,000-$30,000 ($15,000 for a non-Traditional Location) | Lump Sum | When the Franchise Agreement is Signed | Smoothie King |
| Three Month's Rental & Deposite 2 | $5,000-$25,000 | As arranged | As arranged | Lessor |
| Technology Systems 3 | $9,100-$12,215 | As arranged | As arranged | Smoothie King and Approved suppliers |
| Grand Opening Marketing 4 | New Unit Minimum of $15,000 for Traditional Units and $7,500 for Non-Traditional Units | As arranged | As arranged | Paid to Approved suppliers |
| Travel and Training Expenses 5 | $1,000-$6,000 | As arranged | As arranged | Suppliers of lodging and transportation |
| Insurance6(First Year's Premium) | $2,500-$7,500 | Lump sum in advance or Installments | Monthly, quarterly or yearly | Insurance Company |
| Other Prepaid Expenses 7 | $1,000-$2,500 | As arranged | Lump Sum | Smoothie King, Suppliers and Government |
| Start-Up Supplies, Inventory 8 | $23,000-$24,000 | As arranged | As arranged | Approved suppliers |
| Furniture, Fixtures & Equipment, Millwork and Graphics 9 | $80,000-$140,000 | As arranged | As arranged | Approved suppliers |
| Architectural & Engineering Professional Service10 | $3,500-$14,500 | As arranged | As arranged | Approved Architects & Engineers |
| Signage 11 | $5,000-$14,000 | As arranged | As arranged | Approved suppliers |
| Leasehold Improvements 12 | $135,000-$280,000 | As arranged | As arranged | Suppliers |
| Legal, Accounting & Organizational Costs 13 | $500-$4,000 | As arranged | As arranged | Government, Attorneys & Accountants |
| Miscellaneous Costs 14 | $1,000-$5,000 | As arranged | As arranged | Various Suppliers |
| Drive Through 15 | $0-$33,750 | As arranged | As arranged | Various Suppliers |
| Additional Funds 3 Months 16 | $5,000-$25,000 | As arranged | As arranged | Suppliers/Line of Credit |
| Total 17, 18, 19 | $311,601-$638,465 | |||
FREE-STANDING DRIVE-THRU LOCATION
| Types of Expenditures | Amount | Method of Payment | When Due | To Whom Payment Is To Be Made |
| Initial Franchise Fee 1 | $25,000-$30,000 ($15,000 for a non-Traditional Location) | Lump Sum | When the Franchise Agreement is Signed | Smoothie King |
| Three Month's Rental & Deposite 2 | $5,000-$30,000 | As arranged | As arranged | Lessor |
| Technology Systems 3 | $12,000-$14,500 | As arranged | As arranged | Smoothie King and Approved suppliers |
| Grand Opening Marketing 4 | New Unit Minimum of $15,000 for Traditional Units and $7,500 for Non-Traditional Units | As arranged | As arranged | Paid to Approved suppliers |
| Travel and Training Expenses 5 | $2,700-$6,000 | As arranged | As arranged | Suppliers of lodging and transportation |
| Insurance6(First Year's Premium) | $3,500-$7,500 | Lump sum in advance or Installments | Monthly, quarterly or Yearly | Insurance Company |
| Other Prepaid Expenses 7 | $14,700-$29,400 | As arranged | Lump Sum | Smoothie King, Suppliers and Government |
| Start-Up Supplies, Inventory 8 | $23,000-$24,000 | As arranged | As arranged | Approved suppliers |
| Furniture, Fixtures & Equipment, Millwork and Graphics 9 | $100,000-$130,000 | As arranged | As arranged | Approved suppliers |
| Architectural & Engineering Professional Service10 | $42,000-$52,000 | As arranged | As arranged | Approved Architects & Engineers |
| Signage 11 | $28,000-$38,000 | As arranged | As arranged | Approved suppliers |
| Leasehold Improvements 12 | $450,000-$875,000 | As arranged | As arranged | Suppliers |
| Legal, Accounting & Organizational Costs 13 | $500-$4,000 | As arranged | As arranged | Government, Attorneys & Accountants |
| Miscellaneous Costs 14 | $1,000-$5,000 | As arranged | As arranged | Various Suppliers |
| Drive Through 15 | $25,000-$33,750 | As arranged | As arranged | Various Suppliers |
| Additional Funds 3 Months 16 | $15,000-$25,000 | As arranged | As arranged | Suppliers/Line of Credit |
| Total 17, 18, 19 | $762,400-$1,379,150 | |||
Note: The above costs are estimates only and will vary by location. Additional development costs may be incurred if you are engaged in developing multiple locations at the same time. Please refer to the Smoothie King FDD with an issuance date of April 14, 2023.
