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moothie King Franchises have announced plans to open 70 franchise and 30 corporate locations across the U.S. in 2013. In addition, the company has plans to open 50 new international stores, including 40 in South Korea and 10 in Singapore. The smoothie franchise has acquired six additional locations in Florida and Texas just since December 2012, making for seven total corporate stores. Since the start of 2013, Smoothie King has opened six new franchise locations. “Smoothie King is experiencing energized growth and we’re now seeking new multi-unit owners to help expand our footprint,” said Smoothie King Global CEO Wan Kim. “Our positive same-store sales increases over the past three years are a true testament to the strength of our brand. We look forward to bringing our healthy products to more communities as we expand across the globe.” With the goal of spurring growth, Smoothie King launched a franchise development incentive program in January 2013. New franchisees will receive 40% off the franchise fee (a savings of $10,000) for the first 40 agreements signed in 2013. The New Orleans-based company currently has more than 600 locations 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. For more info, click here
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