08 Sep, 2017
Tropical Smoothie Franchise Cost
Tropical smoothie franchise cost
The first thing you want to do if you want a Tropical Smoothie franchise is to fill a financial statement and send it to them. It is confidential and you can still change your mind at any time. They will use it to find out if you qualify and once they have this information they will let you know what the next steps are. You can fill this information online, or you can contact their Franchise department at this phone number:
It takes some time before you can open your own Tropical Smoothie franchise cost cafe. First of all, you need to identify the site. Next, sign the lease. After that, it takes 3 to 4 months until your cafe is open and receiving customers.
The company behind the Tropical Smoothie cafes will take you and train you in how the business should be operated and managed. It takes weeks to complete the training, which has both hands-on and office training, in cafes and at the corporate office.
When looking for a location for your cafe, you will be helped by a company hired by management, to give you an analysis of the best places to open it in your market. You will need to find a location that has between 1,200 and 2,400 sq. ft., which are placed in areas that are easily accessible, with good traffic.
Once you open it, you will have to pay a 3% advertising fee out of the gross sales, without the sales tax. Out of these 2% will be used locally and 1% nationally. The royalty charge is based on the gross receipts and it is 6%.
The price of the first franchise is $25,000, with additional units costing you $15,000. You can pick between individual and multiunit franchises.
Depending on what equipment you choose, what improvements and what initial inventory you get, your cost when opening a tropical smoothie franchise cost will vary between $244,000 and $345,000
The company behind the tropical smoothie franchise cost cafes will take you and train you in how the business should be operated and managed. It takes weeks to complete the training, which has both hands-on and office training, in cafes and at the corporate office.
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