Tropical Smoothie Cafe vs the streat Franchise Comparison

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

Start-Up Costs and Fees
 
Tropical Smoothie Cafe Franchise
the streat Franchise
Investment $198,500 - $543,500$160,000 - $260,000
Franchise Fee $30,000$50,000
Royalty Fee 6%6%
Advertising Fee 3%2%
Year Founded 19971999
Year Franchised 19981999
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements
 
Tropical Smoothie Cafe Franchise
the streat Franchise
Experience Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!!-

Financing Options
 
Tropical Smoothie Cafe Franchise
the streat Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support
 
Tropical Smoothie Cafe Franchise
the streat Franchise
Training We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform-
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe.

Absentee Ownership Allowed

Number of Employees Required to Run: 10 - 20

-

Expansion Plans
 
Tropical Smoothie Cafe Franchise
the streat Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Tropical Smoothie Cafe

Tropical Smoothie Cafe offers genuine natural product smoothies, wraps, sandwiches, flatbreads, and servings of mixed greens. Our more beneficial decisions are what today's customers request and search out. Maybe that is the reason in 2015, the main half of our franchisees had normal gross offers of $806,920*.

Our main goal is to motivate a more beneficial way of life by serving astounding smoothies and nourishment with a touch of tropical fun. On the off chance that you play to win, contribute well and turn into a Tropical Smoothie Cafe Franchise Owner at this point!

*Based on date-book year 2015, 77 of 359, or 21.4%, of the Cafes picked up or outperformed this business level. This data shows up in Item 19 of our Franchise Disclosure Document. Your outcomes may vary. There is no confirmation that you will do also.

The total investment necessary to begin operation of a single-unit Tropical Smoothie Cafe franchise ranges from $198,500 to $543,500. This range includes $37,500 that must be paid to the franchisor, consisting of a franchise fee of $30,000 and a grand opening marketing contribution of $7,500.
If a franchisee chooses to develop multiple units, a $20,000 franchise fee must be paid to the franchisor for the second and each additional unit.
Veteran Incentives  50% off franchise fee
"Top               "Entrepreneur
#3 in Gator's Top franchises.
#18 in Franchise 500 for 2020.
#14 in Franchise 500 for 2021.





About the streat

In 1999 husband and wife team Michael and Nikki McQuillan opened their first streat cafe in Belfast. Their vision was to develop the streat as the best known and most successful cafe concept to come out of Ireland by delivering consistently great food and coffee with award winning service in contemporary surroundings Since developing their successful formula into a franchise and investing heavily in the business while developing a substantial management team, the streat has rapidly become Ireland's fastest growing Cafe franchise. It is renowned for its fresh food, fabulous coffee and friendly service. More than a cafe... Franchisees are developing successful businesses within their streat cafes and growing their businesses beyond the cafe door by creating substantial outside catering and food delivery elements. Franchisees are supported and guided by the franchise support team in this, more than a cafe approach to business development. With 30 Cafe Outlets currently established and more opening, throughout Ireland, the streat is now launching its innovative "more than a cafe" business model into Great Britain and beyond.

Tragically we are not seeking any new franchisees right now however please don't hesitate to round out our establishment enquiry form and we will be glad to contact you amid our next enrollment drive. Meanwhile enjoy the tastes of our present franchises and perhaps ask if any of them are looking to sell. While asking, also ask their thoughts on the franchise to give yourself an insight on whether The Streat is a good choice for your future.