.\u00a0<\/span><\/p>Smoothie King offers two types of franchise:<\/span><\/p>- Endcap or inline location<\/b> \u2013 small locations that provide carry-out and delivery services only \u2013 similar to the food\/drink stores found in the food at your local mall.<\/span><\/li>
- Free-standing\/drive-thru location<\/b> \u2013 larger, purpose-built premises that often have dedicated parking facilities and provide dine-in service as well as carry-out and delivery.<\/span><\/li><\/ul>
The initial franchise fee ranges from $25,000 to $30,000. Military veterans may be eligible for a 20% discount off this cost.<\/span><\/p>After opening, you are required to pay an array of ongoing fees and charges. They include:<\/span><\/p>- Operating fee: <\/b>6% of gross sales or minimum of $500 per month<\/span><\/li>
- National advertising fee:<\/b> 3% to 5% of gross sales<\/span><\/li>
- Regional advertising fee:<\/b> 2% of gross sales<\/span><\/li>
- Local marketing requirement:<\/b> A sum equal to 1% of annual gross sales<\/span><\/li>
- Grand opening advertising: <\/b>$15,000<\/span><\/li>
- Interest on late payments:<\/b> Annual rate of 18% or maximum rate allowed by law<\/span><\/li>
- Remodel costs:<\/b> $25,000 every five years<\/span><\/li>
- Transfer fee: <\/b>$7,500 to $12,500 plus $5,000 grand re-opening advertising fee<\/span><\/li>
- Securities offering fee:<\/b> No more than $25,000<\/span><\/li>
- Design documents for new and relocated store:<\/b> Up to $2,500 (non-refundable)<\/span><\/li>
- Relocation fee:<\/b> Up to $2,500<\/span><\/li>
- Security and software fee:<\/b> $290 to $350 per month<\/span><\/li>
- Failure to operate minimum days and hours:<\/b> $200 per day<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t