Worldwide Franchise Chief in Healthy Every day life Smoothies is off to a Sizzling Beginning in 2021, Opening 32 Stores and Receiving Signed Agreements for 71 Future Stores
Dallas, TX (RestaurantNews.com) After closing out the second half of of closing one year with 12.2% sales development, Smoothie King announced on the present time it persevered its spectacular tempo throughout the foremost quarter of 2021. The area chief in wholesome smoothies skilled a memoir-breaking 18% identical-retailer sales elevate one year-over-one year for the foremost quarter, acquired 24 signed franchise agreements to keep 71 shops and welcomed 9 franchisees into the machine.
Additionally, Smoothie King opened 32 complete locations in Q1. Fourteen of these newly-opened shops own been inside the US, whereas one other 18 opened internationally. About a markets Smoothie King has already expanded extra into this one year embody Philadelphia, Cleveland, Phoenix and St. Louis.
Following the outstanding return this previous quarter, Smoothie King now boasts 1,319 complete shops worldwide.
“As this previous quarter demonstrated, our purpose-pushed mission of appealing of us to live wholesome and energetic lifestyles continues to translate into success on the franchise constructing aspect of the commerce,” said Wan Kim, CEO of Smoothie King. “Coming off 2020, regardless of every thing that took place, we composed opened a memoir quantity of shops and executed our ninth-straight one year of identical-retailer sales development. We are very contented to explore this momentum has carried over into 2021 to this level, and we search forward to rising out of the ordinary extra this one year with fresh and fresh franchisees.”
INSPIRING INVESTMENT INTEREST
Innovation is a price Smoothie King is constantly prioritizing, and in the closing 12 months on my own, the firm: launched curbside pickup; provide; a beefy-fledged, on-line-ordering platform; and most no longer too prolonged ago, tablet-ordering capabilities at taking part pressure-thru locations nationwide.
These initiatives are all in an effort to greater attain on the present time’s guest in the fresh atmosphere and proceed offering them with a convenient, wholesome option. This potential that, Smoothie King’s digital platforms – which the firm absolute top launched in February 2020 – now sage for a whopping 21% of the franchise’s complete sales.
“For our digital sales to sage for on the subject of a quarter of our overall sales when no longer 14 months ago that quantity used to be at 0% says plenty about our enhancements team and the likeability of our digital platforms,” said Kim. “It’s also a quantity that will proceed to develop as extra of on the present time’s customers gravitate against convenient, on-line-ordering platforms.”
Additionally creating investment hobby are a couple thrilling partnerships the logo announced in Q1, every of which underscore Smoothie King’s health level of curiosity and grasp a fair deeper alignment with on the present time’s customers.
In January, Smoothie King began offering loyalty website online visitors with a free two-month subscription to Day-to-day Burn: a digital health and fitness firm with at-home order mutter material. A pair months later, the franchise announced a valuable partnership with U.S. Olympian and 5-time, gold-medal winner Gabby Douglas to promote the logo’s most contemporary menu innovation: a line of collagen-containing Stretch & Flex™ smoothies.
Indulge in Kim talked about, these efforts on the patron aspect own positively impacted the commerce aspect of issues for Smoothie King and might perchance proceed to enact so. Because the financial system gradually opens up again and extra customers enjoy procuring choices with their health and wellness in tips, initiatives esteem these will proceed to place fresh Smoothie King owners and their native slight-businesses up for achievement.
Reinforcing the sizzling strength of the logo, Entrepreneur journal tabbed Smoothie King as regarded as one of the quickest-rising franchises and ranked them as No. 19 in its 2021 Franchise 500 Listing: a prestigious ranking of the strongest and most nicely-performing franchises around internationally the previous one year.
LEADERSHIP ADDITIONS
Smoothie King’s franchise machine wasn’t the neatest thing that grew in Q1, as the firm also announced a brand fresh addition to its govt leadership team.
Josh Nicosia used to be welcomed aboard as the executive beautiful officer in March, where he’s to blame for compliance, mergers and acquisitions, records privateness and all beautiful matters pertaining to Smoothie King’s franchise commerce. Most no longer too prolonged ago, Nicosia held the title of North American overall counsel for IWG plc, the world’s largest coworking supplier, and served as the final counsel & head of franchise constructing for Jamba Juice.
With over a decade of expertise working in beautiful departments at varied franchise companies, every privately- and publicly-held, Nicosia is contented to be lend a hand in a acquainted industry with an recurring, rising franchise.
“I am mad to hitch the skilled leadership team here at Smoothie King and be lend a hand in the restaurant industry,” said Nicosia. “The vitality among our team contributors and franchisees in pursuing Smoothie King’s mission to inspire of us to live energetic and wholesome lifestyles will proceed to pressure our commerce forward and put us apart as the absolute top-in-class franchisor in our industry.”
2021 VISION
Searching against the closing three quarters of 2021, Smoothie King is procuring for certified franchise candidates to boost in markets esteem Denver, Cleveland, Fresh York and Philadelphia.
When you happen to are able to hitch an outstanding and revolutionary tag that’s making an impactful and wholesome distinction in the lives of its website online visitors, please discuss over with www.smoothiekingfranchise.com for extra records.
About Smoothie King Franchises, Inc.
Smoothie King Franchises, Inc., the fresh U.S. smoothie franchise, is a privately-held, Dallas-based fully franchise firm with over 1,300 locations worldwide. Founded in 1973, Smoothie King has evolved genuine into a daily life tag appealing of us to live wholesome and energetic lifestyles by nutritious, gigantic-tasting smoothies. The franchise earned the No. 1 ranking in the smoothie/juice bar category, and No. 19 overall, on Entrepreneur’s prestigious Franchise 500 checklist in 2021. The firm also debuted on the “Inc. 5000” checklist in 2018.
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