How To Buy A Planet Smoothie Franchise
Own a colorful, relatively easy to operate Planet Smoothie franchise location
Entrepreneurs around the country are thinking about opening a Planet Smoothie™ franchise in 2022. Given the growing economy and the enduring popularity of smoothies, it’s just the right kind of business to capitalize on this moment. Keep reading if you’re wondering how to buy a Planet Smoothie franchise.
Smoothies have grown from a niche market in the 1990s to a more than $12 billion industry today, according to Market Data Forecast. They are a mainstream snack, post-workout staple, or meal replacement for millions of people every day. The demand for them is only increasing, and the Planet Smoothie franchise is taking advantage of that growth opportunity.
Become a franchise owner and join the hundreds of Planet Smoothie franchise locations in markets of all sizes around the United States. For almost 30 years, Planet Smoothie has been the smoothie franchise to watch, thanks to dedication to providing a great-tasting product alongside superior operational systems for franchise owners. It’s a business that’s fun to own and operate, and its products are loved by consumers from coast to coast. Learning how to buy a Planet Smoothie franchise isn’t hard at all — here’s a deeper dive into the opportunity.
Why a smoothie franchise?
Planet Smoothie has been around for 27 years. That longevity means smoothies aren’t a fad, or a trend. It also means that “Planet Smoothie has the systems and processes in place to run a healthy business no matter what the economy is doing. Basically, it’s all about serving a fresh product that tastes great and is always in demand”, says Doug Merenda, Director of Franchise Development.
“People love Planet Smoothie. There’s just no two ways about it,” Merenda says. “They love that they can always find their favorite on the menu board, as well as new, seasonal things to try. They love that they can switch it up, customizing any smoothie to try a new taste combo. And they love that they can be in and out in just a few minutes, so a Planet Smoothie stop is a relaxing break in the middle of a busy day.”
Smoothies are also likely to retain their popularity for many reasons. Mordor Intelligence states that the industry’s growth “is being fueled by a rising number of health-conscious customers, changing lifestyles and eating patterns, and the health benefits connected with smoothies. Consumers are moving away from high-carbohydrate foods and toward protein-rich options. In addition, to achieve their daily nutritional requirements, people are consuming more functional beverages, such as smoothies. Furthermore, due to busy lives and lengthy working hours, there has been an increase in demand for more convenient food options.”
How to buy a Planet Smoothie franchise
The process of purchasing a Planet Smoothie franchise is very straightforward. First, simply request information here, and a link to a free franchise report will be sent to the email provided. That has an RFC, or request for consideration, form attached. Once that is submitted, Planet Smoothie’s franchise development coordinator will be in touch to answer any additional questions.
Next up will come qualification. The paperwork Planet Smoothie requests will see if a potential franchise owner meets some specific financial qualifications to start. There is no obligation for this review process.
Now it’s time to learn more about Planet Smoothie. The potential franchise owner will receive a copy of Planet Smoothie’s Franchise Disclosure Document, or FDD. That is chock full of information about the franchise opportunity, and also outlines information about parent company Kahala Brands™ and its business relationship to the franchise owner. This is a big document and it’s full of legalese — but never fear, the Planet Smoothie team is standing by to help interpret anything that’s confusing. It’s also wise to review the FDD with a financial planner or attorney.
Ready to meet some Planet Smoothie franchise owners? That happens next, as calls or visits are scheduled with several owners who are eager to share their experience with the brand and answer any questions you might have.
The final step will be to sign a franchise agreement, and then the process of site selection will begin. New owners also begin their training, as well as learning the ropes of running the business from both sides of the counter.
How much does a Planet Smoothie franchise cost?
Another benefit to owning a Planet Smoothie franchise? In addition to it being a fun business, it’s also one with an affordable entry point. Planet Smoothie offers a flexible footprint that works well in both traditional shopping-center food court locations, street-level retail, and in non-traditional locations such as convenience stores and kiosks.
Planet Smoothie also gives franchise owners a lot of options when it comes to where they’d like to operate. That’s because this is a business with a flexible footprint that works well in both traditional shopping-center food court locations, street-level retail, and in non-traditional locations such as convenience stores and kiosks.
A traditional Planet Smoothie franchise can be purchased for as low as $193,150, while a non-traditional footprint model is priced as low as $81,150. That’s more than a third less than the current lowest entry point of $320,301 for a Smoothie King franchise.
What support will Planet Smoothie offer me?
Another reason why Planet Smoothie is a great business to own? Franchise owners are in business for themselves — not by themselves. They have access to the skilled professionals at Kahala Brands™ from the very beginning, with training that helps them start strong and confidently. Ongoing Planet Smoothie franchise marketing support ensures they can tap into social media and other awareness avenues, and operational support means that everything from point-of-sale systems to back-office functions like financial management and payroll are the best available.
New Planet Smoothie franchise owners also receive extensive training, ongoing coaching and operations manuals that help them master the operations of a Planet Smoothie store. Training takes place several weeks before your store opens and includes five days of classroom training at Kahala’s Scottsdale, AZ, headquarters, as well as three days of in-store training alongside ongoing support and mentoring.
Learn more about Planet Smoothie
To learn more about Planet Smoothie franchise options, please visit our research pages here, or read the latest news on our blog. If you’re ready to take the next step and start a conversation with one of our franchise team members, please fill out our form here. We’ll be in touch with our complimentary Franchise Information Report. We can’t wait to hear from you!