| ||||
Updated RecentlyTropical Smoothie Cafe vs Silver Mine Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tropical Smoothie Cafe vs Silver Mine Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $198,500 - $543,500 | $197,000 - $340,000 |
| Franchise Fee | $30,000 | $20,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | 4% |
| Year Founded | 1997 | 1996 |
| Year Franchised | 1998 | 2002 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| Training | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. | Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs� franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe.
Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Tropical Smoothie Cafe
Tropical Smoothie Cafe offers genuine natural product smoothies, wraps, sandwiches, flatbreads, and servings of mixed greens. Our more beneficial decisions are what today's customers request and search out. Maybe that is the reason in 2015, the main half of our franchisees had normal gross offers of $806,920*.
Our main goal is to motivate a more beneficial way of life by serving astounding smoothies and nourishment with a touch of tropical fun. On the off chance that you play to win, contribute well and turn into a Tropical Smoothie Cafe Franchise Owner at this point!
*Based on date-book year 2015, 77 of 359, or 21.4%, of the Cafes picked up or outperformed this business level. This data shows up in Item 19 of our Franchise Disclosure Document. Your outcomes may vary. There is no confirmation that you will do also.
The total investment necessary to begin operation of a single-unit
Tropical Smoothie Cafe franchise ranges from $198,500 to $543,500. This
range includes $37,500 that must be paid to the franchisor, consisting
of a franchise fee of $30,000 and a grand opening marketing contribution
of $7,500.
If a franchisee chooses to develop multiple units, a $20,000
franchise fee must be paid to the franchisor for the second and each
additional unit.
Veteran Incentives 50% off franchise fee
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#3 in Gator's Top franchises.
#18 in Franchise 500 for 2020.
#14 in Franchise 500 for 2021.
About Silver Mine Subs
Hungry for the possibility of being your own boss?
Ready to "Dig In" to a tasty concept!
Geared up to hit the Mother Lode?Silver Mine Subs goes beyond the standard sandwich shop. Our mining mentality and "silver" delivery service until 3 am make us the most convenient choice for hungry prospectors. Our dedicated franchise team promises entrepreneurs a proven concept with the individualized franchisee attention not often afforded by others. Our product, store atmosphere and people work in concert to provide the perfect food for our customer's lifestyles. Silver Mine Subs delivers not just food, but an experience.
Our locations in six states (and growing!) serve over a thousand customers per location per week. You maximize your customer base because unlike other concepts, we go beyond the standard model by delivering great taste directly to the mouths of hungry customers, and we offer healthy food options well beyond the standard dinner hour.
Get your share of the silver dust! Contact us to learn more about opening your Silver Mine Subs franchised location!
When you join the Silver Mine Subs system, you become a part of a growing brand with proven operational success. Silver Mine Subs offers high quality products along with a program that is so good, you do not need restaurant or food experience to succeed.