The smoothies market has been in an upwards spiral in the last five years. And this industry will continue to progress in the coming years, especially with the threat of the COVID-19 pandemic that encourages healthy eating habits. And while borders are starting to open their doors and lockdown measures are slowly easing up, now is the perfect time to buy a smoothie franchise.
According to IBISWorld, the Juice and Smoothie market is worth $2.6 billion. If you want a huge slice of the pie, check these nine top smoothie and juice franchises worldwide.
1. Smoothie King
Founded in 1973, Smoothie Kinghas been serving healthy refreshing beverages to fitness gurus, health buffs, and everyone in general. Entrepreneur Magazine has also recognized their efforts by awarding them as the #1 Juice Bar Franchise. In fact, they have been recognized 27 times in this category! Since they started franchising in 1989, there are now more than a thousand locations worldwide.
Since its inception in 1997, Tropical Smoothie Cafehas opened so many doors for business-minded people. To date, they operate in more than 650 locations in the United States. Due to its fast growth, this number is estimated to be at 2,000 by 2024. But what makes Tropical Smoothie Cafe different? Its offerings, which are a mix of smoothies, food, and various meals as well. Plus, their revenues come from multiple systems like deliveries, drive-thrus, and dine-ins.
Estimated initial total investment:$198,500 – $543,500
3. Juice It Up
Although a neophyte in the smoothie segment, Juice It Upis still a viable smoothie franchise you should look into. Aside from mouthwatering quality smoothies, they also offer superfruit and acai bowls. This family-owned business also provides a myriad of franchise opportunities. As long as you have a strong business, management, or restaurant background, you have a great shot at getting approved.
Estimated initial total investment: $214,375 – $377,475
4. Froots
Frootshas been in business since 2001 and selling franchises since 2004. The company takes pride in its unique business offerings compared to other juice and smoothie stores. Aside from juices and smoothies, they also offer other unique healthy dishes like Kingston Jerk or Wasabi Chicken. They also have gourmet salads for the health-conscious. Overall, Froots is deemed as a quick-service restaurant where people can get their healthy fix of meals and snacks.
When choosing a smoothie franchise investment, consider the business’ proven record of success. Plus, take note of the management’s years of experience. And this is why Mr. Smoothieis an excellent option for a lucrative business. Their team has over 35 years of experience in retail, fast-casual brands, and smoothie operations and development. Aside from that, they also offer superior products, high-quality ingredients, and low startup costs.
Estimated initial investment: $87,650 – $377,400
6. Surf City Squeeze
Founded in Phoenix, Arizona, in 1981, Surf City Squeezebrings in a fun way to enjoy your mouthwatering refreshments. As the name suggests, the chains are all surfing-themed with cool juice and smoothie surf names. Here’s why you should look into Surf City Squeeze for a franchise investment:
Customizable menu offerings
Easy to own and operate
20 years of business operations experience
World-class training and support
Recognized by worldwide publications
Estimated initial investment:$67,410 – $311,000
7. Smoothie Factory
The Smoothie Factoryis built on passion by the Olympic athlete James Villasana. The athlete wanted to always have healthy food options to nourish his body, hence, his brilliant idea. And the rest, as they say, is history. Since its inception in 1996, the Smoothie Factory has been a huge contender for smoothie franchises. The company boasts only “real” fruits — no bottled flavorings and syrups. If you want a genuinely healthy business franchise, Smoothie Factory is an excellent choice.
Estimated initial investment:$226,500 – $343,700
8. Grabbagreen
Grabbagreenis another quick-service restaurant that sprung from two mothers’ passion for feeding their children healthy food on-the-go. They realized it was challenging to find quick and healthy food and drinks. Plus, they also saw a massive opportunity in this sector with demographics that go beyond like-minded mothers. That’s when they founded Grabbagreen in 2013. And in less than two years, the company expanded to three stores. Grabbagreen’s Eat Clean menu is comprised of all healthy, fresh, and whole foods and ingredients.
Estimated initial total investment: $222,850 – $396,700
9. Vitality Bowls
Vitality Bowlshas been whipping up delicious acai bows since 2011. But that’s not the only offering you can find on their menu. They also serve soups, salads, smoothies, and panini. All their food and beverage offerings are guaranteed fresh, with no ingredient fillers like sugar, artificial preservatives, or frozen yogurt. Earning a spot in Entrepreneur Magazine’s Top 100 New Franchises, Vitality Bowls is a smoothie franchise worth looking into.
