TROPICAL SMOOTHIE CAFÉ

TROPICAL SMOOTHIE CAFÉ

Tropical Smoothie Café franchises fast-casual restaurants that provide premium, handcrafted smoothies made fresh with select fruits and vegetables using proprietary recipes, along with specialty sandwiches, flatbreads, wraps, salads, and bowls. The business model grants franchises for developing and operating these restaurants under strict system standards, marks, and operations to ensure brand uniformity, with options for single-unit or multi-unit development. Target customers are consumers across all age groups, both male and female, seeking better-for-you offerings to inspire healthier lifestyles.

1,371
Locations
$300K–$721K
Investment
Since 2012
Franchising
Food & BeverageAtlanta, GALevine Leichtman Capital Partners, LLCwww.tropicalsmoothiecafe.comDisclaimer

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
$300,000 $720,500
Low: $300,000High: $720,500
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
5.00%
Item 6 of FDD
Fixed Monthly Fees
$387 – $387
Item 6 of FDD

6% royalty + 5% national marketing fee + $387/mo technology fees (BOH $179, online ordering $30, firewall $103, loyalty $75)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

Data Based On: 1,151 franchised restaurants open for at least one full year as of December 31, 2023, and meeting specific criteria for inclusion in the financial performance representation.

* Average gross revenue and median gross revenue are taken directly from the 'Total' column of the 2023 Average Net Revenues tables. Revenue top quartile is from the 'Top 25%' category average ($1,441,232). Revenue bottom quartile is from the 'Bottom 25%' category average ($592,141). The document explicitly states that the data relates to revenues only and no information on costs and expenses is presented, therefore net income, net profit, EBITDA, and profit estimations are not available.

Extracted Item 19 Section

How TROPICAL SMOOTHIE CAFÉ Compares


Key Insights

  • #2 largest franchise system in Fast Casual
  • Lower than average SBA loan default rate in Fast Casual
FranchiseInvestmentFeeRoyaltyLocations
TROPICAL SMOOTHIE CAFÉ
Current
$300K – $721K$35K6.0%1,371
Tropical Smoothie Cafe$300K – $721K$35K6.0%1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)$379K – $1.4M$20K6.0%1,248
Zaxby's$1.4M – $3.8M$35K6.0%826
Qdoba$548K – $1.3M$40K5.0%652
CHICK-FIL-A License Program$586K – $3.3MN/A10.0%412
Fast Casual Average
107 franchises
$532K – $1.2M$39K5.6%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1FL
205
2TX
120
3VA
120
4MI
119
5NC
68
6MD
63
7OH
55
8IL
55
9GA
52
10NY
49
11OK
38
12SC
37
13AR
32
14PA
31
15AL
29

+36 more states

SBA Loan History


Historical SBA 7(a) loan data for TROPICAL SMOOTHIE CAFÉ franchisees (20102018)

Total Loans
150
Average Loan
$238,995
Total Volume
$35.8M
Default Rate
2.7%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


2,826 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

2,826 Contacts Available

Unlock all TROPICAL SMOOTHIE CAFÉ franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Termination of area development agreement, breach of contract, fraud in the inducement, and related disputes with area developer and individuals.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
84
Non-Renewals
N/A
Reacquired
N/A
Ceased Ops
N/A
Transfers
N/A
Sold to Franchisees
N/A
Projected New
N/A

Frequently Asked Questions


The total initial investment to open a TROPICAL SMOOTHIE CAFÉ franchise ranges from $300,000 to $720,500. This includes a franchise fee of $35,000. Ongoing royalty fees are 6.0% of gross sales.

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