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Tropical Smoothie Cafe

Tropical Smoothie Cafe

Tropical Smoothie Cafe franchises operate fast-casual restaurants that offer premium, handcrafted smoothies made with select fresh fruits and vegetables using proprietary recipes, along with specialty sandwiches, flatbreads, wraps, salads, and bowls. The business model centers on franchising these restaurants to qualified operators who adhere to the Tropical Smoothie Cafe System Standards, including mandatory design and operational specifications, with support for sales building, marketing, delivery, and catering. The target market includes consumers of all ages, both male and female, seeking better-for-you, healthier food and beverage options in a fun, friendly environment.

Since 2012Food & BeverageAtlanta, GABlackstonewww.tropicalsmoothiecafe.com
2025 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$402 - $402

6% royalty + 5% national marketing fee + $402/mo technology fees (BOH, online ordering, firewall, loyalty platform, P&L software)

Franchise Stats

Franchise Locations1,371
Corporate Locations1
States Operating52
Franchising Since2012
FDD Year2025

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: Data for 1,151 franchised restaurants open for at least one full year as of December 31, 2023, and reported sufficient financial performance information.

* All revenue figures refer to 'Net Revenues' as defined in Item 19, which represents gross revenue less specific exclusions and discounts, not net income or profit after all expenses. The 'average_gross_revenue' and 'median_gross_revenue' were taken directly from the 'Total' column for 2023. 'revenue_top_quartile' was taken from the 'Avg. Net Revenues' for the 'Top 25%' category in 2023. 'revenue_bottom_quartile' was taken from the 'Avg. Net Revenues' for the 'Bottom 25%' category in 2023. No expense or profit data was provided in the document to calculate net income, net profit, EBITDA, or estimated profit ranges.

Extracted Item 19 Section

How Tropical Smoothie Cafe Compares to Other Fast Casual Franchises

Key Insights

  • #1 largest franchise system in Fast Casual
  • Lower than average SBA loan default rate in Fast Casual
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Tropical Smoothie Cafe
Current
$300K - $721K$35K6.0%1,371
TROPICAL SMOOTHIE CAFÉ$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 Cafe franchisees (2016 - 2025)

Total Loans
347
Average Loan Amount
$436,269
Total Loan Volume
$151,385,200
Default Rate
0.6%

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 Cases0

No litigation involving franchisees reported in the FDD.

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
2
Non-Renewals
1
Reacquired by Franchisor
0
Ceased Operations (Other)
3
System Transfers
77
Sold to Franchisees
180
Projected New Franchises
180

Frequently Asked Questions

How much does it cost to open a Tropical Smoothie Cafe franchise?

The total initial investment to open a Tropical Smoothie Cafe 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 Cafe franchise make?

According to the 2025 FDD, the average gross revenue for a Tropical Smoothie Cafe franchise is $979,491. The median revenue is $944,699.

How many Tropical Smoothie Cafe franchise locations are there?

As of the 2025 FDD, Tropical Smoothie Cafe has 1,371 franchise locations. The company has been franchising since 2012.

Can you get an SBA loan for a Tropical Smoothie Cafe franchise?

Yes, SBA loans are available for Tropical Smoothie Cafe franchises. Historical data shows 347 SBA 7(a) loans have been approved for Tropical Smoothie Cafe franchisees, with an average loan amount of $436,269. The historical default rate is 0.6%.

Is Tropical Smoothie Cafe a good franchise to buy?

Tropical Smoothie Cafe 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.

Interested in Tropical Smoothie Cafe?

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