|
Below is an in-depth analysis and side-by-side comparison of Tropical Smoothie Cafe vs City Bites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $198,500 - $543,500 | $186,500 - $394,500 |
Franchise Fee | $30,000 | $15,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3% | 1% |
Year Founded | 1997 | 1986 |
Year Franchised | 1998 | 2007 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 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. | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | C.B. Franchise Systems comprises a wealth of experienced restaurant professionals committed to your success. We provide franchisees a turn key solution beginning with a thorough management training program and opening and ongoing operational support. We provide proprietary products like our famous made from scratch cookies as well as marketing materials. We offer third party resources with experienced restaurant professionals in the following fields: real estate acquisition and negotiation services, information technology, and corporate services including payroll processing, insurance, benefits and accounting. Our efforts are focused to make your venture successful and profitable. We look forward to meeting you and beginning the journey of a rewarding and profitable partnership. |
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 | - |
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!
After 21 years of company growth, City Bites is now offering a unique opportunity to a select number of franchisees seeking to develop our proven brand in new markets. City Bites is positioned as an upscale sandwich restaurant in the fast growth quick casual restaurant segment and features an attractive investment model that is easily replicated with the experienced organization of food service professionals at C.B. Franchise Systems. As your partner, we are committed to your development as a successful and profitable City Bites franchisee.