Smoothie King vs Boloco Inspired Burritos Franchise Comparison

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

Start-Up Costs and Fees

 
Smoothie King Franchise
Boloco Inspired Burritos Franchise
Investment $269,550 - $845,985 $190,000 - $400,000
Franchise Fee $30,000 $25,000
Royalty Fee 6% 6%
Advertising Fee 3% -
Year Founded 1987 1997
Year Franchised 1988 2004
Term Of Agreement 10 years 10 years
Term Of Agreement 10 years 10 years
Renewal Fee - $10000


Business Experience Requirements

 
Smoothie King Franchise
Boloco Inspired Burritos Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Smoothie King Franchise
    Boloco Inspired Burritos Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/No No/No
    Start-up Costs No/Yes No/No
    Equipment No/Yes No/No
    Inventory No/Yes No/No
    Receivables No/No No/No
    Payroll No/No No/No

    Training & Support

     
    Smoothie King Franchise
    Boloco Inspired Burritos 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
    Boloco Inspired Burritos Franchise
    US Expansion Yes -
    Canada Expansion No No
    International Expansion Yes No

    Start-Up Costs and Fees Mobile

    Investment
    Smoothie King Franchise
    $269,550 - $845,985
    Boloco Inspired Burritos Franchise
    $190,000 - $400,000
    Franchise Fee
    Smoothie King Franchise
    $30,000
    Boloco Inspired Burritos Franchise
    $25,000
    Royalty Fee
    Smoothie King Franchise
    6%
    Boloco Inspired Burritos Franchise
    6%
    Advertising Fee
    Smoothie King Franchise
    3%
    Boloco Inspired Burritos Franchise
    -
    Year Founded
    Smoothie King Franchise
    1987
    Boloco Inspired Burritos Franchise
    1997
    Year Franchised
    Smoothie King Franchise
    1988
    Boloco Inspired Burritos Franchise
    2004
    Term Of Agreement
    Smoothie King Franchise
    10 years
    Boloco Inspired Burritos Franchise
    10 years
    Renewal Fee
    Smoothie King Franchise
    -
    Boloco Inspired Burritos Franchise
    $10000


    Business Experience Requirements

    Experience
    Smoothie King Franchise

  • General business experience
  • Marketing skills
  • Boloco Inspired Burritos Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Smoothie King Franchise
    No/No
    Boloco Inspired Burritos Franchise
    No/No
    Start-up Costs
    Smoothie King Franchise
    No/Yes
    Boloco Inspired Burritos Franchise
    No/No
    Equipment
    Smoothie King Franchise
    No/Yes
    Boloco Inspired Burritos Franchise
    No/No
    Inventory
    Smoothie King Franchise
    No/Yes
    Boloco Inspired Burritos Franchise
    No/No
    Receivables
    Smoothie King Franchise
    No/No
    Boloco Inspired Burritos Franchise
    No/No
    Payroll
    Smoothie King Franchise
    No/No
    Boloco Inspired Burritos Franchise
    No/No

    Training & Support

    Training
    Smoothie King Franchise
    -
    Boloco Inspired Burritos Franchise
    -
    Support
    Smoothie King Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Boloco Inspired Burritos Franchise
    -
    Marketing
    Smoothie King Franchise
    Co-op advertising, Ad slicks, National media
    Boloco Inspired Burritos Franchise
    -
    Operations
    Smoothie King Franchise
    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)

    Boloco Inspired Burritos Franchise
    -

    Expansion Plans

    US Expansion
    Smoothie King Franchise
    Yes
    Boloco Inspired Burritos Franchise
    -
    Canada Expansion
    Smoothie King Franchise
    No
    Boloco Inspired Burritos Franchise
    No
    International Expansion
    Smoothie King Franchise
    Yes
    Boloco Inspired Burritos Franchise
    No

    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 Boloco Inspired Burritos

    boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.