Smoothie King vs CherryBerry Franchise Comparison

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

Start-Up Costs and Fees

 
Smoothie King Franchise
CherryBerry Franchise
Investment $269,550 - $845,985$360,000 - $466,000
Franchise Fee $30,000$25,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19872008
Year Franchised 19882008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Smoothie King Franchise
CherryBerry Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Smoothie King Franchise
    CherryBerry 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
    CherryBerry 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
    CherryBerry Franchise
    US Expansion YesYes
    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 CherryBerry

    "Home"

    Establishing a small business on your own can be tough. This is why many choose to go with an established brand. At CherryBerry, we have an incredible culture that focuses on our franchisees’ success. Riding on several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory, we have developed a system that will help you jump-start your business and provide you with a competitive advantage in your market. As a franchisee, you will have access to all of our support systems and expertise as well as our trade secrets and unique strategies.
    Our constant efforts and economies of scale help keep product costs low and consistent product available. Additionally, you will benefit from CherryBerry's brand recognition and the integrity of the CherryBerry name.
    Frozen yogurt sells well in warmer months while chocolate sells well in cooler months. Through a special arrangement with our parent company, Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
    CherryBerry’s premium and top-quality distinctive flavors are developed by some of the most knowledgeable yogurt innovators in the industry. Our product is certified to contain live and active cultures to promote good health, plus its creamy texture, original flavors and extensive toppings have been praised by the masses as the best tasting and highest quality frozen yogurt available. The CherryBerry name assures your customers that they can expect the same great quality frozen yogurt time after time.
    We provide you with an excellent business model which includes all the necessary training and assistance you’ll need to create a thriving business. Our staff includes experts in real estate, construction, training, operations and marketing.