Smoothie King vs Creamistry Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Smoothie King vs Creamistry including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$269,550 - $845,985 | $224,500 - $576,500 |
Franchise Fee |
$30,000 | $40,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
3% | 1.5% |
Year Founded |
1987 | 2014 |
Year Franchised |
1988 | 2014 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience Marketing skills | - a passion for customer service
- a strong business acumen. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- |
On-The-Job Training: 40 hours
Classroom Training: 9-12 hours
Additional Training: 10-12 days at franchisee's location
|
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks, National media | Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
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) | Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
US Expansion |
Yes | 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
#14 in Franchise 500 for 2020.
#19 in Franchise 500 for 2021.
About Creamistry
We at Creamistry are Ice Cream Fanatics!
We believe ice cream should never be sitting in a freezer waiting to be served. Our ice cream is made-to-order, freshly prepared and frozen right in front of the customer. Combine it with great customer service and a spectacular liquid nitrogen smoke show, and you have a recipe for success.
We're always looking for owners who are as passionate about ice cream as we are - franchisees who love to put smiles on people's faces with quality products, friendly staff, an enjoyable environment and one of a kind experience that will have people coming in again and again.
Franchise Fee: $40,000.00 2nd Store: $30,000.00 Subsequent Stores: $20,000.00
International Inquiries:
Samer Said
[email protected]559-241-4881
#3 on Franchise Rankings.com
#432 in Franchise 500 for 2020.