TL;DR
Planet Smoothie is a food service franchise under Kahala Brands with over 100 locations across the U.S., offering a flexible investment model and simple operations. The total initial investment required to open a Planet Smoothie franchise ranges from $190,650 to $446,500.
The smoothie franchise offers a flexible investment model and simple operations for entrepreneurs looking to bring delicious, nutritious options to their communities.
NUMBER OF LOCATIONS: 100+
REPORTED COST TO GET IN: $190,650 - $446,500
REPORTED ROI (Item 19): Not disclosed
Planet Smoothie is one of many food service franchises under the Kahala Brands umbrella. Founded in Atlanta in 1995, the brand has focused on fresh, tasty smoothies since its inception and has seen success thanks to this model. Acquired by Kahala Brands in 2015, Planet Smoothie has continued to grow through partnership with local franchisees throughout the U.S.
There are over 100 Planet Smoothie locations across the U.S. By offering an efficient way for consumers to get a smoothie catered to their needs — health conscious, delicious, protein-packed or hidden veggies — the system has built a model that attracts a diversified customer base and encourages repeat revenue.
Noting that it’s “growing every day,” Planet Smoothie appears to be working diligently to widen its reach nationwide.
Planet Smoothie is a franchise that makes “the best-tasting smoothie on the planet.” With a flexible footprint, Planet Smoothie can exist in outdoor shopping centers, food courts, convenience stores and kiosks.
Because Planet Smoothie requires a relatively small footprint, reduces food waste with frozen fruit and requires minimal equipment since nothing is cooked, the franchise offers a food-service model that is much more affordable than a traditional restaurant.
Earnings for Planet Smoothie franchise owners are not publicly available, and the franchisor notes that it does not include revenue projections (Item 19) in its Franchise Disclosure Document.
The total initial investment required to open a Planet Smoothie franchise ranges from $190,650 to $446,500.
For a traditional build-out, these costs include:
Initial Franchise Fee: $12,000 - $25,000
Lease Review Fee: $0 - $2,500
Rent, Security Deposit (3 Months): $6,000 - $20,000
Travel and Living Expenses During Training (3 People): $3,750 - $7,500
Real Estate: Variable
Architectural Fees: $7,000 - $20,000
Leasehold Improvements: $75,000 - $200,000
Restaurant Equipment, Furniture, Small Wares, Interior Signage, Menu Panels: $53,000 - $85,000
Exterior Signage: $7,000 - $15,000
Computer Hardware, Software: $3,000 - $5,000
PCI Compliance Costs: $150 - $1,300
Opening Inventory: $5,000 - $15,000
Business Insurance: $1,000 - $5,000
Miscellaneous Opening Costs: $4,750 - $17,200
Grand Opening: $10,000
Depository Account: $3,000
Additional Funds (3 Months): $5,000 - $15,000
For a non-traditional build-out, these costs include:
Initial Franchise Fee: $16,000 - $20,000
Architectural Fees: $5,000 - $15,000
Leasehold Improvements: $5,000 - $125,000
Restaurant Equipment, Furniture, Small Wares, Interior Signage, Menu Panels: $12,000 - $40,000
Exterior Signage: $9,000 - $15,000
Opening Inventory: $2,500 - $5,000
Grand Opening: $5,000
The franchise fee for Planet Smoothie is $25,000.
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This story was originally published in 1851 Franchise on June 11, 2024. Burnaze summarizes and links to the original reporting.
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