Smoothie King vs Pinkberry Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Smoothie King vs Pinkberry including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Smoothie King Franchise
Pinkberry Franchise
Investment $269,550 - $845,985$150,000 - $500,000
Franchise Fee $30,000$45,000
Royalty Fee 6%6%
Advertising Fee 3%2% local +2%Nat'l
Year Founded 19872005
Year Franchised 19882005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Smoothie King Franchise
Pinkberry Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Smoothie King Franchise
    Pinkberry Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Smoothie King Franchise
    Pinkberry Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media-
    Operations 60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6 - 9

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Smoothie King Franchise
    Pinkberry Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Smoothie King

    When visits to various doctors did little to relieve the allergies Steve Kuhnau was suffering from, the nurse began reading up on nutrition, hoping a change in diet would help his symptoms. Once he began eating fresh foods and cutting fat out of his diet, Kuhnau started feeling better. His next task was to find a way to tackle the midday fatigue caused by hypoglycemia. Using his nursing expertise and the drink mixing experience he gained as a soda jerk in high school, Kuhnau began experimenting with high protein drinks. The resulting product combined fresh fruits, vitamins and other supplements and inspired the creation of Kuhnau's company, Smoothie King.
    Each Smoothie King store sells smoothies and a variety of vitamins, minerals, low fat snacks and nutritional supplements. Offering 40 percent off its initial franchise fee agreements for the first 40 agreements in 2013 IN St. Louis.

    The total investment necessary to begin operation of a traditional Smoothie King Business ranges from for an end-cap or in-line location, $269,550 to $545,035, and for a free-standing drive-thru location, $577,100 to $845,985. This includes $28,250 to $36,990 that must be paid to the franchisor.
    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 5 Smoothie King Businesses under the Area Development Agreement.
    Veteran Incentives  20% off franchise fee
    ""  "Entrepreneur

    #14 in Franchise 500 for 2020.
    #19 in Franchise 500 for 2021.







    About Pinkberry

    THE LEADING, ENDURING, FROZEN YOGURT BRAND Since Pinkberry's dispatch in 2005, the Company has set up a prevailing authority position in the solidified yogurt classification and a faction like after with its clients. Pinkberry has appreciated energetic gathering and solid development all through its home market of Los Angeles and has turned out to be for all intents and purposes synonymous with quality solidified yogurt. This fervor has now come to the nation over to the New York City advertise where the Company again has been met with energetic clients, enthusiastic for Pinkberry. The Company was even named "Best New Frozen Yogurt" in April of 2008 by Readers' Choice, Eat Out Awards. Pinkberry has been the beneficiary of a lot of extraordinary press, which has assembled gigantic mindfulness around the world for the brand. Pinkberry has been called "the taste that propelled 1,000 stopping tickets" and "a social wonder" by driving media outlets. The Company has even been built into various TV programs, for example, Saturday Night Live, Without a Trace, The Tonight Show with Jay Leno, Ugly Betty, The Hills and Gossip Girl to give some examples. Pinkberry is balanced for huge residential development and worldwide extension. We are hoping to cooperate with experienced region engineers in select vital markets. Presently we are looking for long haul associations in: Chicago, IL, Miami, FL, Dallas, TX , Phoenix, AZ, Seattle, WA and Honolulu, HI