Food & Restaurant Franchise Review
Food & Restaurant Franchise Opportunity - Food & Restaurant Franchise Business for Sale
Planet Smoothie
Planet Smoothie’s ambition is greater than simply opening up franchises or being the biggest smoothie brand in the category, our quest is to change the way the Planet Eats! We have been a part of the category since 1995. No, we weren’t first. Others have been doing it longer, but the category has lacked real innovation from early pioneers and a real commitment to going beyond simply being healthier than ice creameries, fast food shakes or knock-off smoothies from nom-smoothie companies. We believe there should be a real commitment towards more natural sweeteners, reduced sugars, probiotic-based products and superfruits. The challenge is delivered on such ambitions without compromising taste. Planet Smoothie will meet the challenge and be the first to market.
Background
Year Established: 1995
Year First Franchised: 1997
Franchised Units: 125 opened
Company Owned Units: 1
Projected New Units (12 months): 12 units
Availability in Canada: Yes, Masters Only
States, from which Broker Referrals are being accepted: ALL
Financial/Terms
Cash Investment: $50,000
Total Investment: $177,300-$450,000
Minimum Net Worth: $250,000
Franchise Fee: $25,000
Discounts: N/A
VetFran Program Participant: No
Royalty: 6%
Ad: 1%
Average # of Employees: 10
Passive Ownership Allowed: No
Earnings Claims: No
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