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Smoothie King Franchises, Inc. International Headquarters 121 Park Place, Covington, LA 70433 pH: 9856356973/Fax 9856356987 First Name Last Name Street Address 1 Street Address 2 City State Zip Country.
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Disclosure FAQ
Smoothie King is one of the few franchisor who provides insightful details on the financial performance of its stores. For example, COGS represents 27% of sales and labor costs 29% respectively. On average, with annual sales of $573,269, you would earn around $484,275 in profits per year (22%).
On average, franchisees can expect to earn around $80,000 a year, though some can earn significantly more. This article will explore the factors that influence the earnings of a franchisee. How Do Franchise Owners Get Paid? As a franchisee, you earn money from the franchise's profits.
How Much Is a Smoothie King Franchise? The initial Smoothie King Franchise Fee is $25,000 – $30,000 for a traditional location and $15,000 for a non-traditional location. You have to pay this upfront fee when opening a Smoothie King franchise.
Smoothie King is one of the few franchisor who provides insightful details on the financial performance of its stores. For example, COGS represents 27% of sales and labor costs 29% respectively. On average, with annual sales of $573,269, you would earn around $484,275 in profits per year (22%).
The initial Smoothie King Franchise Fee is $25,000 – $30,000 for a traditional location and $15,000 for a non-traditional location. You have to pay this upfront fee when opening a Smoothie King franchise.
Average Net Revenues in 2021 It is estimated that based on average net revenue of $1,009,803 and a profit margin of 15%, the average tropical smoothie franchise owner salary/ compensation is $126,000 per year.
Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.
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