Multi-Unit Franchisee Magazine 2013 Buyer's Guide - Page 59

MULTI-UNIT Buyer’s Guide FOOD SITE LOCATION Assistance The franchise development team works closely with franchisees to ensure that all new stores are developed with the company’s top three priorities for site selection in mind: visibility, convenience and location. Rankings OPPORTUNITY Description Smoothie King, the premier smoothie and nutritional lifestyle center with more than 600 locations worldwide, is seeking both single and multi-unit operators to expand the brand’s growing footprint. Franchisees benefit from multiple revenue streams including smoothies, snacks, retail and nutritional supplements. The top 25 percent of stores average over $540,000. Smoothie King’s experienced management team provides an unparalleled level of support in order to help franchisees succeed. Demographics Smoothie King’s real estate department works closely with franchisees to determine the optimum locations and tradeareas. Smoothie King employs an analytical model that assists in understanding the buying habits of the brand’s guests, as well as the strongest potential trade areas. •  013 Entrepreneur Annual 2 Franchise 500® - Ranked #1 in Category •  013 Entrepreneur Annual 2 Franchise 500 Rank - 104 • QSR Global 30 - #21 Fast Franchise Facts Franchising Since: Franchising:1989, Founded:1973 Multi-Unit Franchisee Operating Units: 54% Total Franchise: 610 Company Operating Units: 5 Capital Investment: $139,900 - $327,000 Franchise Fee (per unit): $25,000 Royalty Fee (per unit): 6% of gross sales Advertising Fee (per unit): $1,000 - $2,500 for grand opening; minimum of 2% of gross sales – listed under local marketing requirement Earnings Claims: Yes Build-Out Options: Free standing, end cap and strip shopping centers. Drive-thrus preferred. Non-traditional locations include malls, airports, universities and military bases. Available Territories: Southeast, Northeast, Midwest. Please visit our website for a listing of available markets. Contact Steven K. Shields | Senior Business Development Manager (985) 635-6973 ext. 224 smoothiekingfran