New Orleans-based franchise chain Smoothie King is on track to open 160 new locations in 2014 in cities such as Atlanta, Austin, Dallas, Houston, Miami, Tallahassee, Washington D.C. and other markets throughout the U.S. In addition, the chain of smoothie bars plans to open 25 corporate stores in Austin, Dallas/Fort Worth, San Antonio and South Florida. Having reported a five percent same-store sales growth in 2013, Smoothie King plans to add more than 900 new franchised and corporate locations domestically over the next four years. The brand has franchises available in the Southeast, Mid-Atlantic and Northeast regions, as well as Texas. It also continues to expand internationally through both master franchise and corporate stores in South Korea, Singapore and the Cayman Islands, and is focusing on identifying partners in several key countries in Asia and the Middle East. “We’ve achieved tremendous growth over the past year and we have no plans of slowing down,” said Smoothie King Global CEO Wan Kim. “Our proven business model combined with our new, refreshed brand image and new store design, have jumpstarted Smoothie King’s development.” The privately held Smoothie King concept offers its fresh-blended smoothie and healthy retail products, including sports beverages, energy bars, healthy snacks, vitamin supplements, herbs, minerals and other sports nutrition products. Smoothie King currently has more than 650 units operating in 33 states, the Caymans, Singapore and the Republic of Korea.
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: info@smoothieking.com 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 650 locations in the United States, Korea, Singapore and Cayman Islands
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 (tokeefe@smoothieking.com)
Richard Leveille Jr – Exec Vice President, Franchise Development (rleveille@smoothieking.com)
Steven Shields – Sen Business Development Manager (steves@smoothieking.com)
Natalie Johnson – Franchising Information (985/635-6973 ext 115)
John Gordon – Real Estate (985/635-6973 ext 144 johng@smoothieking.com)
Real Estate – (realestate@smoothieking.com)
Marketing & Advertising – (marketing@smoothieking.com)
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
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Last Report: Restaurant & QSR Expansion Report #100 Last Update:
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