Smoothie King signed franchise and space advancement agreements in 2022 to include more than 160 merchants, with in excess of 50 % of them with present franchisees who helped add to the firm’s $618 million in systemwide gross sales.
In addition to bolstering its progress pipeline, Smoothie King opened 77 suppliers in 2022 in crucial target markets, which includes Albany, New York, Cleveland, Ohio and Washington, D.C., and is opening 100 in 2023.
“Around the very last few yrs, we’ve seen an amplified need for more healthy foods possibilities across the QSR phase and this craze experienced a optimistic impression on the brand’s progress,” CEO Wan Kim explained in a enterprise press release. “With discounts signed in 24 states in 2022, we could not be more thrilled to prolong the arrive at of Smoothie King’s purpose-pushed menu and be an instrumental aspect of our guests’ wellbeing and wellness journey. As we expand our footprint, we will proceed to make our brand’s goods even additional obtainable and will get the job done difficult to travel profitability for franchisees in all markets.”
The chain delivers a assortment of prototypes for franchisees to take into consideration when making out their portfolio, which include a generate-via-only prototype introduced in 2022. The 800-sq.-foot retail outlet characteristics a common travel-thru lane on 1 aspect of the creating, with a lane focused to online purchasing and 3rd-get together shipping on the other. It also attributes a front-facing choose-up window that allows attendees to have their tailored smoothie hand delivered.
“The foundation of our enterprise product is created on usefulness and accessibility, allowing for Smoothie King to turn into the greatest on-the-go QSR manufacturer,” Chris Bremer, chief improvement officer, stated in the release. “With the start of our Push-Through Only prototype, we have been able to supply prospective and current franchisees with an financial commitment chance that elevates the off-premise buyer encounter, though also improving the procedure. This addition to our genuine estate choices will assist gas our nationwide enlargement going forward as we preserve our eyesight to be an integral portion of each and every health and fitness journey.”
Smoothie King, centered in Dallas, has in excess of 1,400 world wide destinations.