Smoothie King Salary FAQs
The average salary for a Franchise Owner is
$72,018 per year
in United States, which is 58% higher than the average Smoothie King salary of $45,307 per year for this job.
Do Smoothie King franchises make money?
Franchisees pay an
ongoing royalty fee of 6% of their store’s weekly sales
. An additional 3% of your weekly sales will be paid into the Smoothie King National Advertising Fund. We also require that franchisees spend an additional 2% of weekly gross sales on local store marketing.
How much money can you make owning a Smoothie King?
Smoothie King Salary FAQs
The average salary for a Franchise Owner is
$72,018 per year
in United States, which is 58% higher than the average Smoothie King salary of $45,307 per year for this job.
Is Smoothie King a good business?
Founded in 1973, Smoothie King has evolved into a lifestyle brand inspiring people to live healthy and active lifestyles via nutritious, great-tasting smoothies. The franchise earned the No. 1 ranking in the smoothie/juice bar category, and
No. 19 overall
, on Entrepreneur’s prestigious Franchise 500 list in 2021.
What franchise makes the owner the most money?
- McDonald’s. Franchise fee: $45,000. …
- Dunkin’ Franchise fee: starts at $40,000. …
- The UPS Store. Franchise fee: starts at $9,950. …
- Anytime Fitness. Franchise fee: starts at $3,150. …
- Supercuts. Franchise fee: $39,500.
How much to franchise a Chick Fil A?
Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including
a $10,000 franchise fee
, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.
Do franchise owners make money?
According to a survey done by Franchise Business Review*, the average pre-tax annual income of franchise owners in the U.S. is about
$80,000
. However, only 7% of franchise owners earn over $250,000 per year with 51% earning less than $50,000.
What is the least expensive franchise to open?
- Cruise Planners. Franchise fee: $10,995. …
- Jazzercise. Franchise fee: $1,250. …
- Help-U-Sell Real Estate. Franchise fee: $15,000. …
- United Country Real Estate. Franchise fee: $8,000 to $20,000. …
- Stratus Building Solutions. …
- Anago Cleaning Systems. …
- JAN-PRO. …
- Dream Vacations.
How much do Smoothie King managers make?
How much does a Store Manager make at Smoothie King in the United States? Average Smoothie King Store Manager yearly pay in the United States is
approximately $36,369
, which is 19% below the national average.
How much is Starbucks franchise cost?
Starbucks is the world’s largest coffee company by revenues. Starbucks Franchise Cost for opening one Starbucks licensed store is
US $315,000
. Starbucks has 4,400 licensed stores worldwide. Starbucks do not offer franchises so it is impossible to buy a Starbucks franchise in the United States.
Can I buy a Smoothie King?
To buy a franchise with Smoothie King, you’ll need to have at least
$100,000 in liquid capital
and a minimum net worth of $300,000. Franchisees can expect to make a total investment of $269,550 – $845,985. They also offer financing via 3rd party as well as a discount for veterans (20% off Franchise Fee).
How much money does Smoothie King make a year?
Corporate-wide, revenues were
$372.5 million
in fiscal year 2017, and $415.7 million in fiscal year 2018. In early 2014, Smoothie King contracted with the New Orleans Pelicans to rename the New Orleans Arena, Smoothie King Center.
How do you become a Smoothie King owner?
- Investment Range: Endcap or inline location: $268,900 – $555,965. Free-standing Drive-thru location: $589,300 – $858,900.
- Minimum Net Worth (1 Store): $300,000.
- Minimum Liquidity (1 Store): $100,000.
- Minimum Credit Score: 700.
What franchise can I buy for $10 000?
- The Movement. Secure your very own exclusive territory in the next big social media platform. …
- Credit Repair USA. …
- HYGIENITECH. …
- Pajama-Man Insurance Business. …
- Java Dave’s Coffee House. …
- Cruise Planners An American Express Travel Representative. …
- Wing Zone. …
- Space Walk Bounce Houses.
How much do Chick Fil A franchise owners make?
According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of
around $200,000 a year
.
Do franchise owners have to work?
Franchise owners
need to be prepared to work long
, stressful hours in the beginning and invest money without expecting a big profit for the first several years. Franchise owners cannot give up or get discouraged easily and must be able to keep going even if it takes business longer than expected to pick up.
