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Updated RecentlyTropical Smoothie Cafe vs Shakeaway Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tropical Smoothie Cafe vs Shakeaway including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $198,500 - $543,500 | $122,800 - $200,750 |
| Franchise Fee | $30,000 | $26,750 |
| Royalty Fee | 6% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1997 | 1999 |
| Year Franchised | 1998 | 1998 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| 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 |
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| 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 | - |
| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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
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#3 in Gator's Top franchises.
#18 in Franchise 500 for 2020.
#14 in Franchise 500 for 2021.
About Shakeaway
!["ShakeAway]("https://fddexchange.com/wp-content/uploads/2020/09/ShakeAway-300x110.png")
Shakeaway is the world’s largest milkshake bar company and the original re-inventor of the milkshake since 1999, with over 50 stores in the UK, Jordan, Timor Leste and Poland, with many more locations to follow including India, the UAE, South Africa, Colombia, Iraq, Canada & Thailand.
Shakeaway is an innovative and successful company that has created a market within the cold dessert industry; we are renowned for re-inventing hand made to order milkshakes, smoothies, 100% fat free frozen yoghurt desserts, refreshing shaved ice and lower fat fries.
No one makes a milkshake taste the way Shakeaway do as you eat and drink our shakes that are all hand made to order.
The choices are endless such as ferrero rocher and daim bar, real fresh fruit such as banana and passion fruit, luxury shakes such as red velvet cake and salted caramel, the millionaire’s milkshake made with real 23 carat edible gold and amazing fizzy soda shakes made with real coke, fanta zero and more.
With over 180 milkshake flavours, there really are millions of possible combinations which is why you truly can “live forever and never have the same milkshake twice”.
Get involved in this fun, fast growing and profitable franchise now and
become part of the world’s largest milkshake bar company.
Shakeaway stores promise a vibrant atmosphere that includes Shakeaway Radio and TV channels for our customers to enjoy.