How long are the average franchise agreement terms?
Generally the first term is for 10 years. You can renew by paying a renewal fee of a percentage of the then current franchise fee.

Can I own more than one smoothie franchise store?
Yes, generally you can own as many stores as you’d like dependent on your franchise agreement and providing you can meet the financial requirements.

How much does it cost to open a smoothie franchise?
Depending on the type of store (stand alone, kiosk, storefront, mobile cart etc.) you open and which franchise package you choose, you’ll need somewhere between $75,000 to $250,000 to open.

How quickly will I make a profit?
Your profits will depend on how well you run the business, how good your location is, and how well you manage your employees. There is no real way to average out how fast you will see a profit because it depends on the individual franchisee. Also due to franchising laws, smoothie franchises are unable to tell you how much you will make.

Do smoothie franchises offer financing?
Most smoothie franchises will connect you with a 3rd party lender that has passed the franchisor’s requirements. The franchise fee is typically not financed and that is pay in a lump sum once you are granted a franchise.

Do most smoothie franchises offer training?
Yes. Most franchises offer in-depth training on running a smoothie business including marketing, budgeting, products, and other aspects of the smoothie business.

Can I sell my smoothie franchise?
Yes – typically you can sell your franchise to a person who is pre-approved by your franchisor. Typically, there is a fee assessed to cover transfer cost which most sellers will pass on to the buyers.

To learn more, click here.