2020 Multi-Unit Franchisee Buyer's Guide

Page 62

Multi-Unit Buyer’s Guide

FOOD

OPPORTUNITY DESCRIPTION Tropical Smoothie Cafe is a healthier quick casual restaurant brand with 830+ locations in 44 states. Our balanced business model of food and smoothies allows us to service all day parts and generate a variety of revenue streams. Prime territories available.

We are growing – and going – fast! With 8 consecutive years of same-store sales growth, you don’t want to miss out on our franchise opportunity. FAST FACTS: FRANCHISING SINCE: 1997 MULTI-UNIT FRANCHISEE OPERATING UNITS: Over 60% of our locations are owned by multi-unit franchisees TOTAL OPERATING UNITS: 839 COMPANY OPERATING UNITS: 1 CAPITAL INVESTMENT: $246,500 $580,500 FRANCHISE FEE: $30,000 ROYALTY FEE: 6% ADVERTISING FEE: 3% National / 2% Local EARNINGS CLAIMS: No BUILD-OUT OPTIONS: End-cap, inline, free standing, with or without drivethru as well as non-traditional venues. AVAILABLE TERRITORIES: AL, AZ, CO, CT, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MA, MN, MS, MO, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SD, TN, TX, UT, VA, WV, WI

DEMOGRAPHICS We appeal to a broad part of the population and evaluate the unique qualities of each trade area to determine where we plan to develop. Some factors include: • Presence of other retail and fast casual restaurants • Fitness Facilities • Colleges and high schools • Medical Centers

SITE ASSISTANCE We offer both real estate and design and construction support to assist our franchisees every step of the way. They engage within 24 hours of executing your franchise agreement.

RANKINGS & AWARDS Entrepreneur’s Franchise 500 ranked #18, Franchise Times Fast & Serious ranked #17, Franchise Business Review’s Top 40 Franchises by Franchisees, Franchise Gator’s Top 100 Franchises ranked #3

CONTACT JENNIFER FOLGER VP of Franchise Development 770.738.4109 jfolger@tropicalsmoothie.com tropicalsmoothiefranchise.com

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2020 Annual Edition

QUALIFICATIONS Minimum net worth of $350,000, which includes $125,000 in liquid assets. Ideal candidates have business experience (restaurant experience preferred, but not required), as well as an understanding of our brand culture and franchise business model. We want to welcome people into our family that are passionate about Tropical Smoothie Cafe and the communities they serve!


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