- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$88K - $377K
- Units as of 2013
-
13
Company Overview
About Mr. Smoothie
- Related Categories
- Frozen Yogurt,Smoothies/Juices
- Founded
- 1996
- Leadership
- Jeffrey Mahan, CEO
- Corporate Address
-
9170 Traville Gateway Dr., #354
Rockville, MD 20850
Business Overview
- Franchising Since
- 1998(25 years)
- # of employees at HQ
- 3
- Where seeking
-
This company is offering new franchisees worldwide.
This company is offering new franchisees in the following US states:
- # of Units
- 13(as of 2013)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Mr. Smoothie franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $20,000
- Initial Investment
- $87,650 - $377,400
- Net Worth Requirement
- $200,000
- Cash Requirement
- $50,000
- Royalty Fee
- 6%
- Ad Royalty Fee
- to 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
一些特许人提供内部融资,而others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Mr. Smoothie has relationships with third-party sources which offer financing to cover the following: startup costs, equipment
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 6-10 days
- Classroom Training
- 1-2 weeks
- Ongoing Support
-
Meetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Mr. Smoothie? Request a free consultation with a Franchise Advisor now.
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