Tropical Smoothie Cafe Accelerates Franchise Growth Plans In Philadelphia and Northern New Jersey
Leading Fast Casual Cafe Aims to Open 50 Restaurants Over the Next 10 Years
March 18, 2015 // Franchising.com // ATLANTA - Tropical Smoothie Cafe, the leading fast casual cafe concept known for its better-for-you food and smoothies with a tropical twist, announced today it is actively pursuing Philadelphia and Northern New Jersey for franchise growth. Over the next 10 years, the sandwich and smoothie franchise expects to open 50 locations throughout the area in communities such as Upper Darby, Conshohocken, Norristown, Germantown, Wynnefield, South Philadelphia and West Philadelphia.
"Tropical Smoothie Cafe currently operates just four cafes in New Jersey and Philadelphia, so to say we have immense opportunity to develop the region is an understatement. We see Philadelphia and North Jersey as prime markets for Tropical Smoothie Cafe and are actively searching for local entrepreneurs to join our growing fast casual franchise," said Charles Watson, vice president of franchise development for Tropical Smoothie Cafe.
Rosalind Lindsey, a Tropical Smoothie Cafe franchisee who opened her first cafe with her family on North Broad Street in Philadelphia in 2013, spent the majority of her career dedicated to the health field before deciding to become a franchise owner. Lindsey owns the Tropical Smoothie Cafe in Philadelphia with family members Leslie Lindsey, Luke Kirby and Diane Kirby.
"We knew we wanted to own our own business and after doing a lot of research on different franchisors, Tropical Smoothie Cafe was the obvious choice for us," said Lindsey, who plans to open up to three additional cafes in Philadelphia. "Not only do we enjoy bringing Tropical Smoothie Cafe's healthy options to North Philadelphia, we also love the freedom of owning our own business but with the support of a successful brand. Tropical Smoothie Cafe is truly a great company to start a franchise with, and we're excited to continue to grow with it."
This year, Tropical Smoothie Cafe plans to exceed 500 stores nationwide and sign franchise agreements for an additional 150 new locations. The brand currently has franchise opportunities across the U.S. in markets such as Atlanta, Houston, Dallas, Charlotte and Columbus, Ohio, among others. By 2018, Tropical Smoothie Cafe plans to have 800 stores open across the U.S.
Tropical Smoothie Cafe is looking to add qualified franchisees to its growing brand. Candidates should have business experience, preferably in the restaurant industry; $100,000 in liquid assets and a minimum net worth of $300,000; and an initial investment of between $165,940 and $414,685. The healthy fast food franchise currently boasts an average unit volume (AUV) of more than $526,000 — the highest in the company's 17-year history — with the top 50 percent reporting an AUV of $669,000.
For more information about opening your own Tropical Smoothie Cafe franchise, please visit www.tropicalsmoothiefranchise.com.
About Tropical Smoothie Cafe
Founded in 1997, Tropical Smoothie Cafe is a fast-casual restaurant concept inspiring healthy lifestyles across the country, with over 420 locations nationwide. With snack and meal options for any time of day, Tropical Smoothie Cafe serves smoothies, salads, tacos, wraps, sandwiches, and flatbreads. The rapidly growing franchise has received numerous accolades including being ranked on Entrepreneur's 2014 Franchise 500 and Nation's Restaurant News' 2013 Top 200. Tropical Smoothie Cafe is seeking qualified franchisees to expand throughout the United States in markets such as Atlanta, Houston, Dallas, Charlotte and Columbus, Ohio, among others.
SOURCE Tropical Smoothie Cafe