Tropical Smoothie Cafe vs HomeSmart Franchise Comparison

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

Start-Up Costs and Fees

 
Tropical Smoothie Cafe Franchise
HomeSmart Franchise
Investment $198,500 - $543,500$65,500 - $205,000
Franchise Fee $30,000$20,000
Royalty Fee 6%varies
Advertising Fee 3%varies
Year Founded 19972000
Year Franchised 19982005
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
Tropical Smoothie Cafe Franchise
HomeSmart 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!!! We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! *Liquid Capital Required: $49,000 *Net Worth Required: $125,000

Financing Options

 
Tropical Smoothie Cafe Franchise
HomeSmart Franchise
  In-House/3rd PartyIn-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

 
Tropical Smoothie Cafe Franchise
HomeSmart 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. Classroom Training: 40 hours Additional Training: Virtual training
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet PlatformNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
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

Absentee Ownership Allowed

Number of Employees Required to Run: 2 - 5


Expansion Plans

 
Tropical Smoothie Cafe Franchise
HomeSmart 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 HomeSmart

HomeSmart International offers franchise opportunities using a proven “Low-fee, high-value” brokerage model. High value is achieved through SMART execution and service. This results in innovative processes and technology that will continue to revolutionize the residential real estate industry, while keeping your brokerage on the forefront. Our proven model focuses on four key pillars of success: Career Services, Agent Services, Broker Services and Transaction/Closing Services- and the creation of operational efficiencies within each pillar through our proprietary technology. Join One of the Fastest Growing Real Estate Companies! This franchise model has created one of the fastest growing real estate companies in the nation in a very short time, with agent counts up 51% over the last two years to over 7,700 agents worldwide in 14 states and 2 countries. We have immediate plans to continue our exponential growth across the United States this year.

Make the SMART move with HomeSmart

Learn more to see if the HomeSmart real estate franchise model might be the right fit for you.
See how HomeSmart is leading the real estate revolution.

Veteran Incentives  25% off franchise fee