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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.

Since 2012Food & BeverageAtlanta, GALevine Leichtman Capital Partners, LLCwww.tropicalsmoothiecafe.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$300,000 - $720,500
Franchise Fee
$35,000
Locations
1,371

Financial Requirements

Franchise Fee$35,000
Initial Investment Range$300,000 - $720,500
Royalty Rate6.00%
Brand Fund5.00%
Fixed Monthly Fees$387 - $387

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

Franchise Stats

Franchise Locations1,371
Corporate Locations1
States Operating52
Franchising Since2012
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$979,491
Median Gross Revenue
$944,699
Top Quartile Revenue
$1,441,232
Bottom Quartile Revenue
$592,141

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 to Other Fast Casual Franchises

Key Insights

  • #2 largest franchise system in Fast Casual
  • Lower than average SBA loan default rate in Fast Casual
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
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 by Outlet Count
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 (2010 - 2018)

Total Loans
150
Average Loan Amount
$238,995
Total Loan Volume
$35,849,300
Default Rate
2.7%

Loans by Year

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

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation 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 in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
84
Non-Renewals
N/A
Reacquired by Franchisor
N/A
Ceased Operations (Other)
N/A
System Transfers
N/A
Sold to Franchisees
N/A
Projected New Franchises
N/A

Frequently Asked Questions

How much does it cost to open a TROPICAL SMOOTHIE CAFÉ franchise?

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.

How much revenue does a TROPICAL SMOOTHIE CAFÉ franchise make?

According to the 2024 FDD, the average gross revenue for a TROPICAL SMOOTHIE CAFÉ franchise is $979,491. The median revenue is $944,699.

How many TROPICAL SMOOTHIE CAFÉ franchise locations are there?

As of the 2024 FDD, TROPICAL SMOOTHIE CAFÉ has 1,371 franchise locations. The company has been franchising since 2012.

Can you get an SBA loan for a TROPICAL SMOOTHIE CAFÉ franchise?

Yes, SBA loans are available for TROPICAL SMOOTHIE CAFÉ franchises. Historical data shows 150 SBA 7(a) loans have been approved for TROPICAL SMOOTHIE CAFÉ franchisees, with an average loan amount of $238,995. The historical default rate is 2.7%.

Is TROPICAL SMOOTHIE CAFÉ a good franchise to buy?

TROPICAL SMOOTHIE CAFÉ shows several positive indicators: established brand with 1,371+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

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