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Tropical Smoothie Cafe
November 12, 2024 at 6:26:33 PM
Last Year Rank:
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![McDonald’s.jpg](https://static.wixstatic.com/media/ef91c2_84232710880941138a0ec65e22ce2c5f~mv2.jpeg/v1/fill/w_276,h_276,al_c,q_80,usm_0.66_1.00_0.01,enc_avif,quality_auto/McDonald%E2%80%99s.jpeg)
Company Description
Tropical Smoothie Cafe is a chain offering wraps, sandwiches and, as its name implies, smoothies.
Started in 1993 in Destin, Florida, Tropical Smoothie Cafe has hundreds of locations across most U.S. states that are practically all franchised. Location environments are made to reflect a tropical vacation experience.
The brand was acquired by private equity giant Blackstone in 2023.
Global Sales: $1,252,655,000US Units: 1,373International Units: 0Total Units: 1,373Percent Franchised: 100%% International Units: 0%US Franchised Units: 1,372International Franchised Units: 0Sales Growth %: 16.5%Unit Growth %: 14.7%
Tropical Smoothie Cafe is a national fast-casual cafe concept inspiring a healthier lifestyle with more than 1,450+ locations nationwide. Serving better-for-you smoothies, wraps, sandwiches, bowls and flatbreads, Tropical Smoothie Cafe also offers upgraded app technology and enhanced mobile ordering capabilities to further elevate the digital and dine-in cafe experience and emphasize the brand's focus on convenience.
The growing national franchise has received numerous accolades
2024 Franchise Times’ Fast & Serious ranked #33Ranked 11 consecutive years in a row2024 Franchise 500Ranked #13 overall, #1 in Smoothie/Juice categoryRanked 4 consecutive years in a row for Top Smoothie CategoryRanked #11 on fastest growing franchise list905 Fund Score – One of the top franchise concepts analyzed by FRANdataFranchise Business Review Top Franchises Satisfaction Award 2024#52 on the Nation’s Restaurant News Top 500 list 2023#8 on Nation’s Restaurant News America’s 10 Favorite Restaurant Chains list 2024
With 12 consecutive years of positive same-store sales growth and $1.25 Million AUV* for top 50% of Cafes, it’s no wonder that more than 70% of new openings in 2023 came in from existing Franchise Owners.
You don’t want to miss out on our franchise opportunity. The ideal candidate has a minimum net worth of $400,000, which includes $175,000 in liquid assets; business experience (restaurant experience preferred, but not required); as well as alignment with our brand culture and franchise business model.
We are growing – and going – fast! Now is the time to own your market while there’s still territory available.
Investment Details
Starting Year: 1997
Franchise Fee: $17,500 - $35,000
Average Initial Investment: $500,000
Investment Range: $300,000-$720,500
Royalty Fee: 6%
Financing Available: Yes - Third Party
Contact Information
Austin Sills
1117 Perimeter Center West
Suite W200
Atlanta, GA 30338
Phone: (404) 718-9024
Email: asills@tropicalsmoothie.com
Website: https://www.tropicalsmoothiefranchise.com
*$1,248,276 Top 50% Average Net Revenues. $979,491 System Wide Average Net Revenues. Based on our fiscal year ending 12/31/2023 and includes 1,151 Restaurants that were open for at least 12 months as of 12/31/2023. Excludes non-traditional locations and Restaurants that were not open for at least 357 days in 2023. This information appears in Item 19 of our Franchise Disclosure Document. Your results may differ. There is no assurance that you will do as well.
Company Statistics
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Global Sales:
$1,252,655,000
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US Units:
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International Units:
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Total Units:
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Percent Franchised:
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%International Units:
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US Franchised Units:
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International Franchised Units:
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Sales Gowth%:
16.50%
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Unit Growth%:
14.70%
Franchise Financial Overview
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