Smoothie King vs Strickland's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Smoothie King vs Strickland's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$269,550 - $845,985 | $188,500 - $315,000 |
Franchise Fee |
$30,000 | $25,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
3% | - |
Year Founded |
1987 | 1936 |
Year Franchised |
1988 | 2002 |
Term Of Agreement |
10 years | 15 years |
Term Of Agreement |
10 years | 15 years |
Renewal Fee |
- | $500 |
Business Experience Requirements |
Experience |
General business experience Marketing skills | - |
Financing Options |
|
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 |
Training |
- | We conduct an intensive, one-week training session at our Akron, Ohio headquarters or at our Irvine, California franchise location, depending on where you live. You will gain both "back office" and in-store experience covering all aspects of operating a Stricklands Ice Cream franchise. In addition, we provide 3-5 days of onsite supportand training at your location during your grand opening week. We also provide our Franchisees a comprehensive Franchise Operations & Policies Manual, which provides detailed information concerning the development, opening and ongoing operation of your Stricklands Ice Cream franchise. |
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 |
US Expansion |
Yes | - |
Canada Expansion |
No | No |
International Expansion |
Yes | 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
#14 in Franchise 500 for 2020.
#19 in Franchise 500 for 2021.
About Strickland's
A Deliciously Different Ice Cream Store Franchise!
Welcome to a
franchise opportunity that can only be described as "deliciously
different." With a history and tradition dating back to 1936, Stricklands has been a thriving, dynamic business in the greater Akron,
Ohio area for generations. Our award-winning homemade ice cream is
legendary and unlike any other ice cream in the industry.
Stricklands' formula for accomplishment for our dessert establishment opportunity is based on our incredible tasting frozen yogurt, solidified custard, yogurt and sorbet - all made utilizing our exclusive clump coolers, which were designed in the 1930s! The differing qualities of our product offerings offers to pretty much every buyer and
Stricklands' one of a kind taste makes clients forever. We make our items crisp each day at every
Stricklands Ice Cream store
• Our Rich Cream Base - Carefully made utilizing the equation made by Bill Strickland in the 1930s. We get a kick out of the chance to state that it just takes one chomp of
Stricklands' crisp, delicate, smooth dessert to make a client forever!
• Fresh Ingredients -
Stricklands keeps it genuine - genuine peaches, genuine strawberries, genuine bananas, genuine almonds, genuine chocolate chips - the rundown continues endlessly. Stricklands utilizes just the best fixings to make the best dessert and solidified custard anyplace!
• Old-Fashioned Quality - Our restrictive frozen yogurt machines have been deliberately designed to imitate the quality and toughness of the machines worked for Stricklands in the 1930s...which are still in operation today at our unique area in Akron, Ohio. Our exceptional machines likewise create staggering solidified custard, yogurt and sorbet!
We are looking for qualified people who are keen on opening single-unit or numerous dessert store establishments in their general vicinity.