{"id":11915,"date":"2017-03-30T05:00:00","date_gmt":"2017-03-30T12:00:00","guid":{"rendered":"http:\/\/localhost\/premierfoodsafety_OLD\/?p=11915"},"modified":"2017-03-30T05:00:00","modified_gmt":"2017-03-30T12:00:00","slug":"smoothie-franchises-are-soaring-in-quick-service","status":"publish","type":"post","link":"https:\/\/premierfoodsafety.com\/blog\/smoothie-franchises-are-soaring-in-quick-service\/","title":{"rendered":"Smoothie Franchises are Soaring in Quick Service"},"content":{"rendered":"<style>\ndiv#keypoints {\n  margin-left: 2em; margin-top: 0.5em;\n}\nli#takeaway1, li#takeaway2, li#takeaway3 { \n}\np#quote {\n  background-color: #AFEEEE; color: #333333; padding: 1em; margin-top: 0.5em; font-style:italic;\n}\n<\/style>\n<div class=\"richsummary\">\n<p id=\"abstract\">Few consumers had really ever had a smoothie that when these 1,000 unit brands brought out smoothies, they really kind of got people thinking about it. Tropical Smoothies growth is backed by the BIP Franchise Accelerator, a division of venture capital firm BIP Capital, which invested in the brand in 2010. Tropical Smoothie, which requires $125,000 in liquid assets and a minimum net worth of $350,000, as well as an initial investment of between $198,050 and $478,550 for its franchisees, actually turned down a crop of qualified candidates last year. The support center is also strengthening as success drives high-powered professionals into the building.<\/p>\n<p>Key Takeaways:<\/p>\n<ul id=\"takeaways\">\n<li id=\"takeaway1\">Consumers are well aware of the health and convenience benefits of smoothies\u2014two vitals that are robustly important to millennials. And the results can prove it.<\/li>\n<li id=\"takeaway2\">Last year, Tropical Smoothie reported positive comp sales of 4 percent, which adds up to comp sale growth in excess of 26 percent since 2013. Average unit volume is more than $634,000\u2014the highest in the company\u2019s 20-year history.<\/li>\n<li id=\"takeaway3\">Rotondo is strapped in for an eventful 2017, a year the chain essentially plans to open two stores a week as it targets 100 new locations. Rotondo says this acceleration \u201cdefinitely puts stress on every part of the system.\u201d<\/li>\n<\/ul>\n<p id=\"quote\">&#8220;Consumers are well aware of the health and convenience benefits of smoothies\u2014two vitals that are robustly important to millennials. And the results can prove it.&#8221;<\/p>\n<p id=\"source\"><a target=\"_blank\" href=\"https:\/\/www.qsrmagazine.com\/news\/smoothie-franchises-are-soaring-quick-service\" rel=\"noopener\">https:\/\/www.qsrmagazine.com\/news\/smoothie-franchises-are-soaring-quick-service<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Few consumers had really ever had a smoothie that when these 1,000 unit brands brought out smoothies, they really kind of got people thinking about it. Tropical Smoothies growth is backed by the BIP Franchise Accelerator, a division of venture capital firm BIP Capital, which invested in the brand in 2010. Tropical Smoothie, which requires [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8127,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"_links":{"self":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts\/11915"}],"collection":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/comments?post=11915"}],"version-history":[{"count":0,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/posts\/11915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/media\/8127"}],"wp:attachment":[{"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/media?parent=11915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/categories?post=11915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/premierfoodsafety.com\/blog\/wp-json\/wp\/v2\/tags?post=11915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}