Start-Up Costs and Fees |
||
| Mr. Hero | Tropical Smoothie Cafe | |
| Investment | 113000 - 305000 | 198500 - 543500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | 3% | |
| Year Founded | 1965 | 1997 |
| Year Franchised | 1970 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Hero | Tropical Smoothie Cafe | |
| Experience | Industry experience General business experience Marketing skills | 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 |
||
| Mr. Hero | Tropical Smoothie Cafe | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Mr. Hero | Tropical Smoothie Cafe | |
| 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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | 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 |
||
| Mr. Hero | Tropical Smoothie Cafe | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
| Franchise Fee | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
| Royalty Fee | |
| Mr. Hero | 5.50% |
| Tropical Smoothie Cafe | 6% |
| Advertising Fee | |
| Mr. Hero | |
| Tropical Smoothie Cafe | 3% |
| Year Founded | |
| Mr. Hero | 1965 |
| Tropical Smoothie Cafe | 1997 |
| Year Franchised | |
| Mr. Hero | 1970 |
| Tropical Smoothie Cafe | 1998 |
| Term Of Agreement | |
| Mr. Hero | 10 years |
| Tropical Smoothie Cafe | 15 years |
| Renewal Fee | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
Business Experience Requirements |
|
| Experience | |
| Mr. Hero | Industry experience General business experience Marketing skills |
| Tropical Smoothie Cafe | 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 |
|
| Franchise Fees | |
| Mr. Hero | No |
| Tropical Smoothie Cafe | No |
| Start-up Costs | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
| Equipment | |
| Mr. Hero} | |
| Tropical Smoothie Cafe | |
| Inventory | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
| Receivables | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
| Payroll | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |
Training & Support |
|
| Training | |
| Mr. Hero | |
| Tropical Smoothie Cafe | 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 | |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Tropical Smoothie Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Tropical Smoothie Cafe | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Mr. Hero | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Tropical Smoothie Cafe | 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 | |
| Mr. Hero | |
| Tropical Smoothie Cafe | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Mr. Hero | |
| Tropical Smoothie Cafe | 0 |
| International Expansion | |
| Mr. Hero | |
| Tropical Smoothie Cafe | |