Tropical Smoothie Cafe Announces Agreement to Open 20 New Franchise Locations in Texas

Tropical Smoothie Cafe, the main quick easygoing bistro idea known for its better-for-you sustenance and smoothies with a tropical bend, declared today it consented to an establishment advancement arrangement with Glen Johnson to grow the brand's nearness all through the condition of Texas. Johnson will open 20 new bistros, the first opened recently in Lubbock, Texas.

"Glen Johnson has been an essential part Tropical Smoothie's proceeded with achievement and establishment improvement since consenting to his first arrangement in 2011. In the course of recent years, Glen has turned out to be one of our biggest administrators, energizing our development and acquainting the brand with new markets across the nation," said Mike Rotondo, CEO of Tropical Smoothie Cafe. "Glen's enthusiasm for and confidence in Tropical Smoothie is the thing that we search for in our establishment proprietors, and we're anxious to perceive what the future conveys as he keeps on driving his business and the organization forward."

Glen Johnson, leader of Little-Rock based organization Rockland Ventures, joined the brand as a multi-unit engineer in 2011 and right now has 22 open areas in Arkansas, Oklahoma and Texas. With profound roots in the business and an abundance of learning and experience, Johnson will proceed with his central goal of furnishing clients with inventive solid sustenance and smoothie alternatives as he opens new eateries all through Texas.

"I'm unbelievably pleased to be a piece of a brand that is focused on the client encounter, as well as to the accomplishment of its franchisees," said Johnson. "Tropical Smoothie experienced noteworthy establishment development a year ago and I'm anxious to proceed with that energy with the opening of new eateries crosswise over Texas."

This new understanding in Texas was powered by Tropical Smoothie Cafe's quickened establishment improvement arranges in 2017. On the heels of one of the most grounded years in the organization's 20-year history, the honor winning brand effectively impelled its development and developed its nearness in key markets across the nation, including Charleston, South Carolina; Albuquerque, New Mexico; Dallas, Texas; and Southern California.

This year, the nourishment and smoothie establishment arrangements to open 100 eateries across the nation and presently has establishment openings over the U.S. in business sectors, for example, Indianapolis, Nashville, Houston, Dallas, Cincinnati and Minneapolis, among others. By 2020, Tropical Smoothie Cafe arrangements to have 1,000 stores open over the U.S.

Tropical Smoothie Cafe is hoping to add qualified franchisees to its developing image. Competitors ought to have business encounter; $125,000 in fluid resources and a base total assets of $350,000; and an underlying venture of amongst $198,050 and $478,550. The more beneficial fast food establishment as of now brags a normal unit volume (AUV) of more than $634,000 "" the most noteworthy in the organization's 20-year history "" with the main 50 percent detailing an AUV of more than $806,000.

Tropical Smoothie Cafe's forceful establishment development is upheld by the business people at the BIP Franchise Accelerator, a division of funding firm BIP Capital, which put resources into the brand in 2010. BIP Capital has put more than $250 million in developing, high-development marks over the diversifying, programming, and innovation and purchaser items ventures. BIP Capital made the BIP Franchise Accelerator to use its initiative group's profound establishment experience to help rising brands quicken their development. Notwithstanding Tropical Smoothie Cafe, the BIP Franchise Accelerator's portfolio incorporates Tin Drum Asian Kitchen, which has developed to 11 areas in Georgia.

About Tropical Smoothie Cafe

Commending its twentieth commemoration in 2017, Tropical Smoothie Cafe is a quick easygoing eatery idea rousing more advantageous ways of life the nation over, with more than 540 areas across the country. With nibble and supper choices for at whatever time of day, Tropical Smoothie Cafe serves better-for-you smoothies, servings of mixed greens, wraps, sandwiches, and flatbreads. The quickly developing establishment has gotten various honors including being positioned on Entrepreneur's 2017 Franchise 500, 2016 Fast Casual Top 100 Movers and Shakers, Franchise Times' Top 200+ and Nation's Restaurant News' 2016 Top 200. Tropical Smoothie Cafe is looking for qualified franchisees to extend all through the United States in business sectors, for example, Indianapolis, Nashville, Houston, Dallas, Cincinnati and Minneapolis, among others.

About the BIP Franchise Accelerator

The BIP Franchise Accelerator is a division of BIP Capital, an Atlanta-based funding firm with over $250 million put resources into more than 26 organizations in rising, high-development marks over the diversifying, programming, innovation and shopper items enterprises. BIP Capital made the BIP Franchise Accelerator to use its administration group's profound establishment experience to help developing brands quicken their development. The BIP Franchise Accelerator gives venture capital, as well as utilizations demonstrated techniques to help organizations advance into develop, flourishing brands. From quick easygoing and QSR ideas to administration brands and social insurance and instruction ideas, the BIP Franchise Accelerator has put resources into rising brands driven by individuals with an entrepreneurial soul that have an extraordinary development potential. Its present portfolio incorporates Tropical Smoothie Cafe, Tin Drum Asian Kitchen and BIP Franchise Finance.

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