Smoothie King vs FROOTS Fresh Smoothies Salads & Wraps Franchise Comparison

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

Start-Up Costs and Fees

 
Smoothie King Franchise
FROOTS Fresh Smoothies Salads & Wraps Franchise
Investment $269,550 - $845,985$87,600 - $316,750
Franchise Fee $30,000$20,000
Royalty Fee 6%6%
Advertising Fee 3%2%
Year Founded 19872001
Year Franchised 19882004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements

 
Smoothie King Franchise
FROOTS Fresh Smoothies Salads & Wraps Franchise
Experience
  • General business experience
  • Marketing skills

  • General business experience Goal oriented Understands that marketing will strive their business. Ability to multi task and pay attention to detail

  • Financing Options

     
    Smoothie King Franchise
    FROOTS Fresh Smoothies Salads & Wraps Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Smoothie King Franchise
    FROOTS Fresh Smoothies Salads & Wraps Franchise
    Training -On-The-Job Training: 1 week Classroom Training: 16 hours Additional Training: At Froots corporate store
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesFroots offers you a complete support team. We work with each of our franchisees personally throughout the start-up process. This ensures that you are provided with everything necessary to properly launch your business. Including, but not limited to, everything from site selection to marketing support. Our training consists of 23 days in a corporate training program and 80 hours of Grand Opening Support Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op advertising, Ad slicks, National mediaCo-op Advertising Ad Templates 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)

    50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)


    Expansion Plans

     
    Smoothie King Franchise
    FROOTS Fresh Smoothies Salads & Wraps Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesYes

    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 FROOTS Fresh Smoothies Salads & Wraps

    FROOTS has been set up with the first time franchisee in mind. If you have never owned a franchise before, the questions below can help you determine if you are ready for the responsibility of such an endeavor.
    Who is going to operate the restaurant on a day-to-day basis?
    If it will be self-operated, have you committed to this being your full-time job and your full-time income stream?
    If a Manager will be hired, has a manager been identified that has a legitimate stake in the success of your business?
    If you are currently employed and are planning on leaving to own and operate your Froots, have you at least made your decision to quit your current job?
    If so, when are you planning on quitting?
    Have you determined exactly where the money for the total development costs will come from to open the store?
    Have you determined exactly how much of your own money you will invest in this endeavor?
    Is the money you are going to invest available to use immediately?
    Do you have the adequate cash reserves to manage through the start-up phase of your restaurant?
    Will you have partners in this endeavor? If so, have you defined exactly how much each partner will be contributing and what their roles will be?
    Do all partners agree on moving forward? Are all partners ready to contribute their portion of the investment?
    Have you discussed this opportunity with everyone that will be involved in your household?
     Does 100% of your household and any additional family members support your decision to own and operate a Froots?
    Are you 100% comfortable with the site you have selected or the trade area in which you will locate the store?
    Do you fully understand the franchise agreement and are you ready to abide by all of the Froots system standards as set forth in the franchise agreement?
    Have you completely analyzed Froots and do you feel that the Froots brand meets your personal and business objectives as a brand?
    We hope that this list of questions will help you address the most important issues that you will need to clarify before realizing your dream of owning a Froots Franchise. We are here to help you address many of the above issues and answer as many of your questions as possible. Since many of the above issues carry a different weight with each individual, we encourage you to address each of them as it relates to your personal situation.