Established in the year 1973, Smoothie King today is one of the most successful franchises in the world due to its fine-tuned business model and high-quality products. With more than 1300 units worldwide its Mission is to help others Deliciously achieve Health. The company also offers retail products that include sports beverages, energy bars, vitamins, supplements, and more. The initial investment to launch a Smoothie King franchise may range from low to high investment costs depending on the location. In today’s article, we will cover all the details related to Smoothie King Franchise Cost & Profit Margin along with the details of How to Apply, FDD, Contact Number, etc.
Smoothie King Franchise Cost in India
Let us tell you that anyone can launch “Smoothie King Franchise in India” with an Initial Franchise fee of 2.5 lakhs and a Credit Score of 700 required apart from that other costs including labor costs, store sizes, buildup costs, and staff salaries also have to be taken into consideration. Investors need to know the franchise business model of Smoothie King before applying for it.
If you’re looking forward to investing in a Smoothie King Franchise Opportunity in India then first check the Franchise Disclosure Document (FDD), requirements, investment cost, and profit share for the same.
Smoothie King Franchise Investment & Requirements 2024
Now let’s look at the Total Investment and Cost required if you want to start a Smoothie King Franchise.
| Total Expenditure | Amount in Rupees |
| Initial Franchise Fees | 20 lakhs to 25 lakhs (12,50,000 for a location outside the city) |
| 3 Month Rental Deposit | 4 lakhs to 20 lakhs |
| Technology System and Setup | 7 lakhs to 10 lakhs |
| Grand Opening Market | New Unit 7 to 10 lakh. |
| Travel and Training Expenses | Rs 80,000 to 5 Lakh |
| Other Prepaid Expenses | Rs 80,000 to 2.5 lakh |
| Start-up Supplies and Inventory | 19 lakhs |
| Furniture Expenses, Architecture Expenses, Signage, Legal Costs, and Accounting Costs. (Misc.) | 2 Crore |
| Total Investment | INR 5 Crore Approx. |
| Free Standing to Drive through Location expenses will be on the higher side | 9 Crore Approx. |
Profit Margin of Smoothie King Franchise Outlet
Smoothie King franchises produce EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of 20% of the gross revenue. Franchise after Paying salaries to the employees, Rent, and other operating expenses the franchise makes a profit margin of about 15% of the gross revenue. Most Smoothie King Franchises make yearly net sales of INR 3 to 4 Crore which means they can easily make a profit of Rs 40 to 50 lakh per year.
Franchise Disclosure Document (FDD):- Every Franchise Owner has to Sign a Legal Agreement Copt before the Franchise is given to him. It is also important that he goes through the FDD Document properly. If you wish to go through the Franchise Document outlet you can view the document by clicking on the link here => Smoothie King Franchises, Inc. Franchise Disclosure Document
How to Apply for a Smoothie King Franchise in India?
Smoothie King Franchise is an International Brand and you have to follow the Company’s instructions. You can find the details below:-
- As a first step to applying for the Franchise please visit the official website by clicking the link here => https://www.smoothiekingfranchise.com/application/.
- You need to have a minimum liquidity of Around 1 crore and Net worth close to 5 Crore to be eligible to apply.
- Once you visit the page you have to fill out the Application form. Enter your complete details there your Name, Address, Why you want to open a franchise, Business Experience, Educational Background, and Preferred location with at least 2 options you need to mention.
- Then Tick on the Accept box and click on the ‘Get Started’ button.
- Once your Application is Received the Franchise Director will communicate with you. He will schedule a call over Skype or any other mode of communication. The team sometimes also invites the interested franchisee to Dallas Texas USA which is their Head office also. Since being an International enquiry they may give you a Presentation about the company Online only.
- Once they are satisfied with your details mentioned in the Application form they will send you a Franchise Agreement.
- After receiving your franchise agreement and waiting seven calendar days, you will then execute your agreement and send in the initial franchise fee of $30,000 (Rs 2,50,000).
- Once the agreement and franchise fee have been received and finalized, you will be an official franchisee.
- You have to then enroll yourself in an Orientation program is a required one-day class that should be scheduled and completed within the first 60 days of becoming a Smoothie King franchisee.
- Here, we will discuss all the steps involved with opening your store, including budgeting, financing, planning, site selection, ordering, construction, and more.
- Once complete, the team will then discuss with you and your team about the selected location. Training is completed in 4 weeks.
- After Successful Franchise Training, you can then start your Smoothie King Franchise.
Benefits of Applying for a Smoothie King Franchise
- Extensive training and support:- Smoothie King has a detailed program to educate its franchisees about its business concepts and systems. Franchisees have access to the franchisor’s comprehensive intranet platform for their operational, ongoing training, and support needs.
- Simple franchise designs:- The franchisor’s restaurant size is 800-1600 square feet, giving franchisees flexibility and the option to choose smaller or larger stores.
- Exclusive territory protection:- Smoothie King Franchise offers exclusive rights to its franchise partners. Under the agreement, it does not authorize other franchisees to operate competing businesses in the area.
- Comprehensive marketing services:- Smoothies King provides its franchisees with aggressive marketing strategies to help them create awareness about their restaurants and branding. These include email marketing, social media, national media, regional advertising, etc.
- Recognized smoothie brand:- Franchisees can leverage the world’s largest health smoothie brand in the world with a proven business record of more than 50 years to grow and scale their businesses.
- Site selection:- Smoothie King helps franchisees identify a viable business site for their restaurants. In addition, it helps them with lease negotiations and development.
Smoothie King Franchise Inquiry Contact Number
If you wish to Apply for the Smoothie King Franchise Outlet you can also directly contact the following number;
- Contact Number: 877 (927-6104)
- Franchise Disclosure Document: smoothiekingfranchise.com/learn-more/
