Smoothie King vs Sweet Monkey Frozen Yogurt & Cupcakes Franchise Comparison

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

Start-Up Costs and Fees
 
Smoothie King Franchise
Sweet Monkey Frozen Yogurt & Cupcakes Franchise
Investment $269,550 - $845,985N/A
Franchise Fee $30,000$35,000
Royalty Fee 6%6%
Advertising Fee 3%-
Year Founded 1987-
Year Franchised 1988-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Smoothie King Franchise
Sweet Monkey Frozen Yogurt & Cupcakes Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Smoothie King Franchise
    Sweet Monkey Frozen Yogurt & Cupcakes Franchise
      In-House/3rd PartyIn-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
    Sweet Monkey Frozen Yogurt & Cupcakes 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
    Sweet Monkey Frozen Yogurt & Cupcakes Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    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 Sweet Monkey Frozen Yogurt & Cupcakes

    The Sweet Monkey Frozen Yogurt Franchise has been designed to maximize profitability and revenue opportunities through an efficient, unique and highly effective franchise system. It's no secret that the Frozen Yogurt industry has grown by leaps and bounds over the past five years. The world has fallen in love with the taste, health benefits and the concept of frozen yogurt shops. Sweet Monkey Frozen Yogurt takes that growing industry trend and captures the essence of whatFrozen Yogurt Franchise makes this incredulous growth so real. The Sweet Monkey Franchise concept was designed to deliver a fun, upbeat and younger-demographic focus. The concept was also aptly designed to cater to females, particularly ages 18 - 24. With this in mind, the store layout, theming and functionality all came together with a sole purpose, when a customer enters the store it should be a truly amazing experience for them each and every time they choose to purchase frozen yogurt. The Sweet Monkey Frozen Yogurt team didn't stop there. With the evolution of the business model, more products and varieties of options that include frozen yogurt were developed the differentiate from other Frozen Yogurt Franchises. This diversity of product offerings and development of new products positioned Sweet MoSweet Monkey Frozen Yogurt Franchisenkey uniquely in the Frozen Yogurt franchise segment to have several competitive advantages. Store design and store layout for the frozen yogurt franchise have been spared no expense in designing, building and identifying the key profit centers and customer retention tools needed within the location to maximize store revenue. The Sweet Monkey Franchise offers a complete training and support system. The franchise model has a proven and defined marketing program to develop a local market in as short of a time period as possible. The management team of Sweet Monkey brings a wide range of experiences, talent and understanding for many segments of the business including, store construction, menu design, product development, financial strategy and marketing expertise.