With a focus on customer satisfaction and a commitment to delivering high-quality products and service, Planet Smoothie is a trusted choice for those seeking a convenient and “healthy” meal option.
The initial investment for a Planet Smoothie franchise ranges from $193,150 to $421,500, including an upfront franchise fee ranging from $12,000 to $25,000. Ongoing fees for a Planet Smoothie franchise include a royalty of 5% of biweekly gross sales, plus a maximum surcharge of $10 per week, and an advertising fee of up to 5% of biweekly gross sales.
According to the 2021 median franchise sales for Planet Smoothie, at an average profit margin of 15%, it will take ~10 years to recoup your initial investment. While the time to recoup your investment may be longer than other franchise opportunities, the earning potential of a Planet Smoothie franchise may be worth the initial investment.
While this may be the business for you, make sure also to check out other companies offered on Vetted Biz and in the Food and Beverage industry.