Tropical Smoothie Cafe vs 16 Handles Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tropical Smoothie Cafe vs 16 Handles including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tropical Smoothie Cafe Franchise
16 Handles Franchise
Investment $198,500 - $543,500$274,500 - $735,000
Franchise Fee $30,000$30,000
Royalty Fee 6%6%
Advertising Fee 3%2%
Year Founded 19972008
Year Franchised 19982010
Term Of Agreement 15 years10 years
Term Of Agreement 15 years10 years
Renewal Fee -10% of the then franchise fee


Business Experience Requirements

 
Tropical Smoothie Cafe Franchise
16 Handles Franchise
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!!!Experienced business people, franchisees, and multi-unit operators

Financing Options

 
Tropical Smoothie Cafe Franchise
16 Handles Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/Yes
Start-up Costs No/YesNo/Yes
Equipment No/YesNo/Yes
Inventory No/YesNo/Yes
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support

 
Tropical Smoothie Cafe Franchise
16 Handles Franchise
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. 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet PlatformAs a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond.
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

A Franchise Business Consultant will be assigned to your store to assist with all business operations

Expansion Plans

 
Tropical Smoothie Cafe Franchise
16 Handles Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

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               "Entrepreneur
#3 in Gator's Top franchises.
#18 in Franchise 500 for 2020.
#14 in Franchise 500 for 2021.





About 16 Handles

The 16 Handles Brand is in High Demand. Launched in 2008, 16 Handles was New York's first self-serve pay-by-weight frozen yogurt shop and is still #1 in the city. We give our customers complete and total control over their creation with 16 different frozen yogurts and over 50 different toppings, with a menu offering products like Fro-Yo Cakes, Mega Mixes (take home pints), Toppings to Go, Fro-Yo Sandwiches, Whip-Ups, Waffle Bowls and Cones, Fruit Smoothies, Fro-Yo Hot Cocoa, and more! 16 Handles also offers an eye-catching in-store design, innovative marketing, and an amazing customer experience. We currently have over 40 stores across the East Coast and 150 international stores in development. Reasons to Invest! - #1 Frozen Yogurt Franchise Listed In The 2014 Future 50, Technomic - $780,915* AUV, Highest Among Our Competitors** - Taste The Difference In Quality - Hand Crafted, Proprietary Products With Kosher, Vegan, and Gluten Free Options Available Figures reflect averages for nineteen (19) stores as published under Item 19 of our 2014 Franchise Disclosure Document. As of December 31, 2013, we had twenty seven (27) Franchised Stores in operation, but only nineteen (19) of these Stores were open throughout the entire calendar year. We did not include the revenue figures for the eight (8) Franchised Stores that were not open for the entire 2013 calendar year, nor did we include the revenue figures for the Stores that are owned and operated by us and/or our affiliates. All of the franchisee information contained in Item 19 was provided to us by our franchisees through periodic reports required under the Franchise Agreement. **Competitors being Yogurtland, Pinkberry, Menchie's, sweetFrog, Orange Leaf, Red Mango, and TCBY, according to their respective 2014 FDD's, Item 19

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