How Much Does a Planet Smoothie Franchise Cost?
Planet Smoothie startup cost ranges from $91,600 to $290,750, making It more affordable than most food franchises
There are plenty of fast-food restaurant chains that franchise, and many cost an astronomical $1 million to $3 million to get into. But fast-food doesn’t always mean burgers, chicken, sandwiches, pizza or tacos.
Planet Smoothie is a healthier, satiating alternative. Health-conscious customers can grab a nutritious meal in one product made with real fruits and vegetables. Not only do Planet Smoothie franchises serve healthier products for a healthier public, but their startup costs are much more affordable than junk food eateries.
There are four other reasons a Planet Smoothie franchise is a great option for a food franchise.
1. Planet Smoothie has a great business model
We are focused on one thing: smoothies. Many smoothie franchises dabble in a wide range of food options, which can rapidly make the business much more complicated. One of the things that makes a Planet Smoothie franchise a great business opportunity is that it is a very lean operation. You don’t need a large staff to run a Planet Smoothie, training is simple and spoilage is a non-issue.
2. Our business model makes scaling multiple locations easy
As more customers pour into your store, our business model will allow you to easily add staff. Once volume increases enough, you’ll be ready to open an additional location. Planet Smoothie’s business model makes it simple for a multi-unit franchise owner to put managers in charge of day-to-day operations while keeping tabs on performance and back-end business operations such as accounting, marketing, payroll and ordering.
3. Americans are eating healthier
The obesity rate has more than doubled since 1980, according to the Centers for Disease Control and Prevention, prompting a re-examination of eating habits. According to a report issued in 2014 by the U.S. Department of Agriculture, Americans have started to cut back on their daily calorie intake and are reading more nutrition labels. Now that healthy eating is mainstream, consumers are seeking out smoothies to the tune of $2.4 billion a year in sales.
As part of that trend, consumers are looking for healthier, convenient dining options, which is what a Planet Smoothie franchise delivers. A 2015 study by IBISWorld reported that the demand for ready-to-drink smoothie products increased over the past five years, driving profit margins up during that time.
The Planet Smoothie franchise sets itself apart by offering great-tasting smoothies that use healthier, natural ingredients. In a side-by-side comparison, our smoothies generally have less sugar and fewer calories — a big competitive advantage as Americans actively seek healthier options. We are led by a team of veteran franchise executives who have helped build other iconic brands, including Mail Boxes Etc., and we leverage more than 100 years of combined franchising experience to provide outstanding support to franchisees.
“Americans are hungry for healthy dieting options,” says CEO Peter Holt. “Planet Smoothie makes healthier food that is convenient and delicious.”
4. Planet Smoothie has more than 100 locations nationwide, and counting
The company offers three store formats, which allows the brand to flourish in different locations, including traditional stand-alone retail locations, shopping center locations, mall stores and kiosks, and as co-brands.
“We work with potential franchisees to identify great locations,” says Kurt Ullman, vice-president of global development. “One of the nice things about having multiple store formats is that it gives our franchisees the flexibility to take advantage of excellent opportunities without as many constraints over the type of buildings available.”
Click here to see startup costs for different types of locations. For in-depth details about the Planet Smoothie franchise opportunity, download our free franchise report. You can also learn more by visiting our research pages.