Kahala Brands Acquires Planet Smoothie
Kahala adds Planet Smoothie to the host of brands to continue bringing convenient, satisfying, and healthy products
The Planet Smoothie franchise is joining Kahala, one of the fastest-growing franchising companies in the world, with a portfolio of 20 brands and approximately 2,600 locations in more than 25 countries.
Planet Smoothie 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 for a big competitive advantage, as Americans actively seek healthier food options. We are led by a team of veteran franchise executives from Kahala who have helped build other iconic brands, including Cold Stone Creamery and Blimpie.
Smoothie franchise will maintain healthy, tasty options
“Planet Smoothie, currently operating more than 100 stores — with many openings scheduled over the next three months — is a great addition to our family of smoothie brands. This purchase expands our smoothie footprint to more than 400 locations and further enables us to satisfy the ever-growing demand from consumers for healthy food options that fit just about every budget,” says Michael Serruya, chairman and CEO of Kahala Brands.
Kahala Brands will consolidate the corporate operations of the smoothie franchise and will run the franchising platform from its headquarters in Scottsdale, Arizona.
For nearly two decades, Planet Smoothie has been a highly innovative smoothie franchise, and we plan to grow more aggressively. We started in Atlanta in 1995, quickly expanded throughout the Southeast, and now we have more than 100 stores throughout the United States.
We will continue to be known for our healthy ingredients, proprietary sweeteners, and supplements that have helped our brand develop a huge following. Health-conscious consumers flock to the Planet Smoothie franchise and often make us part of their daily routine. That’s because we’re as convenient as we are healthy. It only takes a a few minutes to stop by a Planet Smoothie, place an order, and be on your way.
Learn more about the Planet Smoothie franchise
Planet Smoothie is looking for passionate people who are interested in building a strong business that brings healthier options to the community. Startup costs for a traditional retail store range from $166,400 to $287,350, and nontraditional locations (mall kiosks or other small footprints) range from $89,600 to $222,243. We’re looking for people with a minimum of $100,000 in liquid capital.