“Smoothie King had a huge year in 2014, and we’re thrilled the momentum has continued into 2015,” said Dan Hannah, Vice President of International and Domestic Business Development. “Growth like this is what will allow us to hit 1000 locations by 2017 and help spread our message of a healthy, active lifestyle across the U.S. and abroad.” The chain opened 20 units in the first quarter, and entered new markets including Phoenix, Las Vegas, Birmingham, Little Rock and Rome, Georgia. Meanwhile, existing stores also continued their growth, with first quarter same-unit-sales up by 10.4 percent year-over-year. Smoothie King is ready to enter even more untapped markets in the second quarter with plans to open in Austin and Albany in Georgia, Herndon in Virginia along with Tucson and Mesa, Arizona and Madison, Wisconsin. The brand plans to sign agreements for 50 new units and open 20 stores during the second quarter. The juice and smoothie specialist closed out the first quarter of 2015 with agreements signed for 42 new units and the brand is well on its way to meeting its goal of signing agreements for 160 new locations this year.“Smoothie King has seen huge growth in recent years, and we’re paving the way for an even bigger 2015,” said Wan Kim, CEO of Smoothie King. Smoothie King plans to open two locations every week during 2015, focusing on growth opportunities in new markets and by working with franchisees who truly believe in bringing a delicious, nutritious meal-replacement solution to their communities. Smoothie King Franchises Inc. is a privately held, New Orleans-area-based franchise company with more than 700 units worldwide. The franchise also offers a number of healthy retail products, including sports beverages, energy bars, vitamin supplements, etc.
CATEGORY: Quick Service
Chain Name: Smoothie King
Company Name: Smoothie King Franchises Inc.
Street Address: 121 Park Place, Covington, Louisiana 70433
Tel: 985/635-6973 Fax: 985/635-6987
Email: [email protected] Website: www.smoothieking.com & www.smoothiekingfranchise.com
Menu Specialty: Fresh blended smoothies, sports beverages, energy bars, healthy snacks, vitamin supplements, herbs, minerals, etc.
Introduced: 1989 by co-founders Steve and Cindy Kuhnau. Acquired by Wan Kim/ SK USA Inc. in 2012.
No. of Locations: Over 720 locations in the United States, Korea, Singapore and Cayman Islands. Plans to open 100 locations in 2015
Areas of Operation: United States, South Korea, Singapore, Cayman Islands, Asia and Middle East
Types of Location: Varied selection of traditional and non-traditional sites including high traffic street fronts as well as malls, plazas, airports, hospitals, etc. End caps, freestanding, in-lines, kiosks, etc
BusinessType (corp., franchise, jv): Corporate & Franchised
Size Req’d: 800 to 1600 square feet with minimum 20 ft. frontage.
Special Requirements (patio, drive-thru, etc): At least 25,000 people within three mile radius/trade area, median household income above median for the DMA, grocery, health clubs, quick service restaurant co-tenancies, drive-thru access, etc.
Contact Name: Wan Kim - Global CEO
Tom O’Keefe – President, COO ([email protected])
Dan Hannah – Vice President, Franchise Development
Richard Peabody – CFO
Brad West – Vice President Operations
Kim H. Hennig – Vice President, Marketing
Rocky Gettys – Vice President, Product Development
Bret Cunningham, CFE – Vice President, Design & Construction
Natalie Johnson – Franchising Information (985/635-6973 ext 115)
John Gordon – Real Estate (985/635-6973 ext 144 [email protected])
Real Estate – ([email protected])
Marketing & Advertising – ([email protected])
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
Related Chains:
Last Report: Restaurant & QSR Expansion Report #136 Last Update:
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