Planet Smoothie Franchise Owners Have a Quick Path to profitability
New Planet Smoothie franchise owners don’t wait a long time before they see a return on investment, unlike many higher-overhead business models
Opening a new business requires significant startup capital, so entrepreneurs understandably want to know how quickly some of those funds will return home. A Planet Smoothie franchise owner benefits from two things in this regard: a low entry point, so there’s less money out up front, and a business that leads quickly to profitability.
“Planet Smoothie is a business with significant value,” says John Wuycheck, Senior Vice President of Franchise Development. “A franchise owner can come in at a very reasonable price and onboard with an established brand with strong and deep market value.”
Path to profitability is shorter, faster
Most food-related franchises require a lot of up-front capital — in some cases, upwards of $1 million. And then there’s the high volume of employees, inventory and other expenses. A Planet Smoothie franchise, on the other hand, can be opened from $77,850 to $309,250, depending on the type of location preferred.
“A Planet Smoothie franchise owner has a lot of choice from the outset,” John explains. “He or she can open a smaller, kiosk-style location, or a store in a traditional shopping-center setting. We are also aggressively pursuing non-traditional locations as well, such as busy commuter train stations, airports and other sites. Planet Smoothie is a very portable business model, and we are working to take full advantage of that.”
Low entry costs free up capital
Because a new Planet Smoothie franchise owner hasn’t “broken the bank” to get up and running, leftover capital can be used on local advertising and marketing to heighten awareness and boost customer turnout in those important early days.
“Many food-related businesses suffer because they don’t get the word out that they’re open,” John says. “Planet Smoothie franchise owners benefit from a well-known brand and invaluable resources from the corporate office. At the store level, owners find success by doing their own outreach within their communities. They have the money to spend on local advertising because they haven’t been wiped out by high costs to just get the doors open. That’s a major reason why Planet Smoothie franchise owners succeed early on when compared to their peers in other franchises.”
Planet Smoothie is a smoothie franchise that 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. Planet Smoothie is led by a veteran franchise team and dedicated brand support team as part of the Kahala Brands family.
Learn more about Planet Smoothie and our path to profitability here!