Smoothie King vs Planet Smoothie Franchise Comparison

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

Start-Up Costs and Fees

 
Smoothie King Franchise
Planet Smoothie Franchise
Investment $269,550 - $845,985 $190,150 - $358,500
Franchise Fee $30,000 $12,000 - $25,000
Royalty Fee 6% 5%
Advertising Fee 3% 2%
Year Founded 1987 1995
Year Franchised 1988 1995
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee - -


Business Experience Requirements

 
Smoothie King Franchise
Planet Smoothie Franchise
Experience
  • General business experience
  • Marketing skills
  • A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000.


    Financing Options

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

    Training & Support

     
    Smoothie King Franchise
    Planet Smoothie Franchise
    Training -

    Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant.

    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
    Planet Smoothie Franchise
    US Expansion Yes -
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Smoothie King Franchise
    $269,550 - $845,985
    Planet Smoothie Franchise
    $190,150 - $358,500
    Franchise Fee
    Smoothie King Franchise
    $30,000
    Planet Smoothie Franchise
    $12,000 - $25,000
    Royalty Fee
    Smoothie King Franchise
    6%
    Planet Smoothie Franchise
    5%
    Advertising Fee
    Smoothie King Franchise
    3%
    Planet Smoothie Franchise
    2%
    Year Founded
    Smoothie King Franchise
    1987
    Planet Smoothie Franchise
    1995
    Year Franchised
    Smoothie King Franchise
    1988
    Planet Smoothie Franchise
    1995
    Term Of Agreement
    Smoothie King Franchise
    10 years
    Planet Smoothie Franchise
    -
    Renewal Fee
    Smoothie King Franchise
    -
    Planet Smoothie Franchise
    -


    Business Experience Requirements

    Experience
    Smoothie King Franchise

  • General business experience
  • Marketing skills
  • Planet Smoothie Franchise

    A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000.


    Financing Options

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

    Training & Support

    Training
    Smoothie King Franchise
    -
    Planet Smoothie Franchise

    Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant.

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

    Planet Smoothie Franchise
    -

    Expansion Plans

    US Expansion
    Smoothie King Franchise
    Yes
    Planet Smoothie Franchise
    -
    Canada Expansion
    Smoothie King Franchise
    No
    Planet Smoothie Franchise
    -
    International Expansion
    Smoothie King Franchise
    Yes
    Planet Smoothie Franchise
    -

    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 Planet Smoothie

    For almost two decades, Planet Smoothie has been a standout amongst the most imaginative smoothie establishments on the planet. We got our begin in Atlanta in 1995, immediately extended all through the Southeast and now have more than 100 stores all through the United States.

    We are known for our solid fixings, sweeteners and supplements - and that has helped our image build up a colossal after. Sound disapproved of customers run to Planet Smoothie and regularly make us a player in their every day schedule. That is on account of we're as advantageous as we are solid. It just takes two or three minutes to stop by a Planet Smoothie, put in a request and be en route. Simply take a gander at our area in New York City's Penn Station, where blenders are humming always to stay aware of workers anxious to get a solid dinner substitution or nibble.

    In 2015, Kahala Brands obtained Planet Smoothie, and our administration group - which comprises of establishment administrators who have effectively propelled more than 2,000 establishment stores for brands including Cold Stone Creamery, Yogen Früz, and Blimpie - had a prompt positive effect on the brand.

    Representative at the best smoothie establishment around!"Since Kahala Brands assumed control, we now have the best advertising materials and support," says Shannon Lelli, who claims a store in Doylestown, Pennsylvania. "On the off chance that I request anything, they are on it. For educator thankfulness week, I needed to convey a postcard that said 'On the grounds that you do what you do, here's a free smoothie for you.' I called corporate with the thought, and inside a few hours they sent me an astounding plan that was prepared for the printer. Also, it was a colossal achievement. The corporate office is on it. They are astounding."

    On the off chance that franchisees are eager to work with us, we're considerably more eager to work with them. Our image is developing in strip mall areas, in stands and in double marked areas with reciprocal eatery ideas.