Smoothie King FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee is for the establishment and operation of a Smoothie King® unit offering guests a variety of custom smoothies and smoothie bowls blended to support healthy and active lifestyles. Each proprietary blend is made with select whole fruits and organic vegetables without any artificial preservatives, flavors and colors. Smoothie King offers other nutritional drinks and general nutritional products under the name Smoothie King. The Smoothie King mission is to inspire people to live a healthy and active lifestyle and to be an integral part of every health and fitness journey.
Corporate Information
Smoothie King Franchises, Inc. is a Texas corporation that was originally incorporated in Louisiana on May 5, 1987, and redomesticated as a Texas corporation in 2018. Smoothie King has been offering franchises since May 1988. Smoothie King is subsidiary of Smoothie King Systems, Inc. (“SKSI”). SKSI’s parent company is SK USA Inc. (“SK USA”). SK USA’s parent company is Smoothie King Holdings, Inc. (“Smoothie King Holdings”). As a result, Smoothie King Holdings, SK USA and SKSI are their parent companies. SK USA and SKSI’s principal business address is 9797 Rombauer Road, Suite 150, Coppell, Texas 75019. Smoothie King Holdings’ principal business address is 11 Dosan-daero 11-gil, Seoul, Korea 135-888.
Investment
The total investment necessary to begin operation of a traditional Smoothie King® Business ranges from for an end-cap or in-line location, $311,600 to $638,465, and for a free-standing drive-thru location, $762,400 to $1,379,150. This includes $27,500 to $32,500 that must be paid to the franchisor. Smoothie King also offers Area Development rights to develop multiple Smoothie King Businesses. If you sign an Area Development Agreement, you also must pay the franchisor a development fee of $12,500 for each Smoothie King® franchise you commit to develop after the first franchise. You must develop a minimum of 3 Smoothie King® Businesses under the Area Development Agreement.
