Leading Smoothie Concept’s Popular Pure Recharge Energy Smoothie Helps Drive Sales
Smoothie King Franchises, Inc., the premier smoothie and nutritional lifestyle center, reported today a same-store sales increase of 10.3 percent for the third quarter, up nearly 5 percent for the year over 2012. Sales were driven primarily by the brand’s new Pure Recharge energy smoothie, which Smoothie King introduced in its more than 650 stores worldwide in July.
Additionally, during the first two weeks of October, same-store sales were up 17 percent. Under Global CEO Wan Kim, Smoothie King is experiencing energized growth with the opening of 34 stores through the third quarter of 2013 and the signing of 75 new franchise agreements. Smoothie King is on track to open an additional 25 locations by the end of the year.
“Smoothie King is now celebrating being in its fourth consecutive year of positive same-store sales, a testament to not only our variety of high-quality smoothies, vitamins, supplements and healthy snacks, but also the commitment of our franchisees to helping our guests live an active and healthier lifestyle,” Kim said. “With a more than 23-percent increase in same-store sales since the start of 2009, this success is attracting more potential franchisees then we’ve ever had before, further driving development in both new and existing markets.”
Smoothie King plans to add 1,000 new franchised and corporate locations domestically over the next five years to complement its existing base of more than 650 locations. The brand still has extensive smoothie franchise opportunities available in the Southeast, Mid-Atlantic and Northeast regions, as well as Texas and Oklahoma. Smoothie King 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.
Franchisees should possess a passion for the brand and be dedicated to serving the community. While restaurant experience is not required, the ideal candidate for the smoothie franchise should have an entrepreneurial spirit, as well as sales, marketing, restaurant and/or retail experience.
About Smoothie King Franchises Inc. // SK USA, INC.
Smoothie King Franchises, Inc. is a privately held; New Orleans-area-based franchise company and the premier Smoothie Bar and Nutritional Lifestyle Center in the industry. Smoothie King offers guests the original nutritional 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 opened its first store in 1973 and started as the first franchised smoothie bar/health food store in the United States in 1989. Smoothie King currently has more than 650 units operating in 32 states, the Caymans, Singapore and the Republic of Korea. In 2013, Smoothie King was ranked no. 1 by Entrepreneur magazine in the juice bar category for the 19th year and no. 104 overall on the 2013 Franchise 500 list. Visit www.smoothieking.com; engage on Facebook and follow us on Twitter.