Smoothie King Franchises, Inc., the premier smoothie and nutritional lifestyle center, announced today a franchise development incentive program giving new franchisees the opportunity to score big savings when they sign a multi-unit agreement to open three Smoothie King locations. As part of the “3-Point Play” development deal, new franchisees will receive at least 40 percent off their franchise fees for each store.
New franchisees will pay an initial franchise fee of $15,000 for their first store and $5,000 for each of the additional two locations.
“It’s been an exciting year so far for Smoothie King with the announcement of the newly-named Smoothie King Center and the unveiling of our new store design in South Florida. To celebrate, we want to offer franchisees an extremely attractive incentive to join the Smoothie King family,” said Smoothie King Global CEO Wan Kim. “As a leader in the smoothie category, Smoothie King is committed to driving aggressive growth through multi-unit development across the country. We are already on track to open 160 new franchised locations this year in cities such as Atlanta, Dallas, Houston, Tallahassee and Washington, D.C.”
Franchisee Clayton Koenig decided to capitalize on the growing smoothie industry after having spent six years with Smoothie King’s corporate office as an international operations consultant.
“This latest incentive represents Smoothie King’s aggressive growth strategy and dedication to ensuring its franchisees maximize their return on investment,” said Koenig, who opened his first two Smoothie King locations in 2013 in Mobile, Ala., and D’Iberville, Miss., and will open the first of five locations in Tallahassee, Fla., as well as a store in Biloxi, Miss., this spring. “The success of any franchisor is reliant upon having a strong network of franchisees and this approach resonates profoundly within the culture of our brand. I owe my success to Smoothie King’s ongoing support and proven business model, which has ultimately allowed me to quickly grow my business.”
Smoothie King, which has experienced four consecutive years of positive same-store sales, plans to add more than 900 new franchised and corporate locations domestically over the next four years. Even with more than 500 locations in the U.S., the brand still has extensive smoothie franchise opportunities available in Florida, as well as the Southeast, Mid-Atlantic and Northeast regions, and Texas. Smoothie King also continues to expand internationally through both master franchise and corporate stores in South Korea, Singapore and the Cayman Islands, and is focusing on identifying partners in several key countries in Asia and the Middle East.
Franchisees should possess a passion for the brand and be dedicated to serving the community. While restaurant experience is not required, the ideal candidate for the smoothie franchise should have an entrepreneurial spirit, as well as sales, marketing, restaurant and/or retail experience. For more information on the “3-Point Play” development deal, visit http://www.smoothiekingfranchise.com/landing2/three-point-play.php. To learn more about the benefits of owning a Smoothie King, or for more information and to register for a Discovery Day, please visit www.smoothiekingfranchise.com or contact Natalie Johnson at natalie.johnson@smoothieking.com or (985) 635-6984.
Smoothie King Franchises, Inc. is a privately held, New Orleans-area-based franchise company and the premier Smoothie Bar and Nutritional Lifestyle Center in the industry. Smoothie King offers guests the original nutritional fresh-blended smoothie and healthy retail products, including sports beverages, energy bars, healthy snacks, vitamin supplements, herbs, minerals and other sports nutrition products. Smoothie King opened its first store in 1973 and started as the first franchised smoothie bar/health food store in the United States in 1989. Smoothie King currently has more than 650 units operating in 33 states, the Caymans, Singapore and the Republic of Korea. In 2014, Smoothie King was ranked no. 1 by Entrepreneur magazine in the juice bar category for the 20th year and no. 86 overall on the 2014 Franchise 500 list. Visit www.smoothieking.com or www.smoothiekingfranchise.com; engage on Facebook www.facebook.com/SmoothieKing; follow us on Twitter at http://twitter.com/smoothieking.
