Research preview · Archived source data · Not independently reviewed · Automated extraction

Food & Beverage · Brand S1591

Smoothie King franchise research

Costs by format. Disclosure context. Historical loan evidence. Know what is captured and what still needs diligence.

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Source: FDD issued Not captured · SBA data through Jun 30, 2026 · Automated extraction, not human-reviewed · View all sources

Investment
$329,850 to $683,715
End-cap or in-line location · +1 more
Royalty
6%
Operating Fee: greater of $500 per calendar month or 6% of monthly Gross Sales, paid by EFT
Working capital
Additional Funds - 3 Months: $5,000-$25,000 (end-cap/in-line); $15,000-$25,000 (free-standing drive-thru)
FDD Item 7
Units
1,200
+51 net in 2025
SBA loans approved
147
FY2021 to FY2026 YTD
SBA charge-off share
3.26%
historical, not a failure rate

Investment by format

Estimated initial investment by named format
FormatDisclosed range
End-cap or in-line location$329,850 to $683,715
Free-standing drive-thru location$639,950 to $1,278,900

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.24 ↗

Franchise fees and ongoing costs

Franchise fee
$15,000 to $30,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.
Royalty
6% · Operating Fee: greater of $500 per calendar month or 6% of monthly Gross Sales, paid by EFT
Marketing contribution
3% (basis not captured; see original filing)
Technology fee
$200 per month (Technology Fee), due the 23rd of each month
Other fees
Software and Security Fee $290-$350 per month; National Marketing Fee may be raised up to 5% of Gross Sales on 60 days' notice; Remodel: up to $25,000 in materials during 5th year
Working capital (FDD Item 7)
Additional Funds - 3 Months: $5,000-$25,000 (end-cap/in-line); $15,000-$25,000 (free-standing drive-thru)

Fees sourceFDD p.23 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.24 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured
Yes
Metric / basis
Average and median annual Net Sales of franchised units, broken into top/bottom 10%, 25%, 50%, 75% segments; plus year-over-year same-store net sales change and system-wide franchised sales history
Reporting period
12 months (13-month open period) Dec 31, 2024 to Dec 29, 2025
Sample
1,087 franchised units (of 1,116 franchised units open the full period; 1,200 franchised units at year end); excludes company-owned units
Reported average
$662,015
Reported median
$627,210

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.62 ↗

Unit growth: Item 20

Reporting year
2025
Scope
franchised outlets
Starting outlets
1149
Year-end outlets
1200
Net change
+51
Derivation
ending minus starting outlets
Openings
81
Terminations
Not captured
Non-renewals
Not captured
Other closures
Not captured
Reacquisitions
Not captured
Transfers
Not captured

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.79 ↗

SBA loan history

Loan activity
147 approvals
Activity window
FY2021-FY2026 YTD; snapshot 2026-06-30
Median SBA loan
$452,600
Median loan window
FY2023-FY2026 YTD through 2026-06-30
Median loan sample
79 loans
Historical charge-off share
3.26%
Cohort
7(a) FY2010-2019 approvals
Numerator / denominator
7 / 215
Formula
CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Smoothie King franchise cost?

End-cap or in-line location: $329,850 to $683,715; Free-standing drive-thru location: $639,950 to $1,278,900 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $15,000 to $30,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.24 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Smoothie King owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual Net Sales of franchised units, broken into top/bottom 10%, 25%, 50%, 75% segments; plus year-over-year same-store net sales change and system-wide franchised sales history. Sample: 1,087 franchised units (of 1,116 franchised units open the full period; 1,200 franchised units at year end); excludes company-owned units. Period: 12 months (13-month open period) Dec 31, 2024 to Dec 29, 2025.

Item 19 performance sourceFDD p.62 ↗

What's the SBA charge-off rate for Smoothie King?

3.26%; numerator / denominator: 7 / 215. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $452,600; window: FY2023-FY2026 YTD through 2026-06-30; sample: 79 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Sources and data details

Every figure above links to the page of the filing it was read from. These are the document IDs, page pointers and checksums behind them, for anyone who wants to audit the data.

Show document IDs, page pointers and hashes
Fees

Original source · FDD issued: Not captured; Registry received: 04/09/2026
Document: 35907-202604-07; document SHA-256: feced0df5fd0d4bfa46159b19550b8daa5859389ef69ee73561f7cfd865261c0
PDF page: 23; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Investment

Original source · FDD issued: Not captured; Registry received: 04/09/2026
Document: 35907-202604-07; document SHA-256: feced0df5fd0d4bfa46159b19550b8daa5859389ef69ee73561f7cfd865261c0
PDF page: 24; pointer: section-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Franchise fee

Original source · FDD issued: Not captured; Registry received: 04/09/2026
Document: 35907-202604-07; document SHA-256: feced0df5fd0d4bfa46159b19550b8daa5859389ef69ee73561f7cfd865261c0
PDF page: Not captured; pointer: source-known-page-unknown. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Enrichment generated: 2026-10-03T11:34:53.025030+00:00

Item 19 performance

Original source · FDD issued: Not captured; Registry received: 04/09/2026
Document: 35907-202604-07; document SHA-256: feced0df5fd0d4bfa46159b19550b8daa5859389ef69ee73561f7cfd865261c0
PDF page: 62; pointer: section-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

Unit growth

Original source · FDD issued: Not captured; Registry received: 04/09/2026
Document: 35907-202604-07; document SHA-256: feced0df5fd0d4bfa46159b19550b8daa5859389ef69ee73561f7cfd865261c0
PDF page: 79; pointer: scalar-page-match. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d

SBA loans

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2010_FY2019_asof_260630.csv; document SHA-256: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade
PDF page: Not captured; pointer: raw-aggregate-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2010_FY2019_asof_260630.csv: 01a3e2c7988a6f4052e53f218a309feb2ec2fe42887bebdc0fa94ac8b1024ade; FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; FOIA_504_FY2010_Present_asof_260630.csv: 8c0e15414217254bcde2a253a8f17418b3dc65ce78dbc56cc1f1ab05c4a05ad4; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b

Median SBA loan

Original source · SBA snapshot: 2026-06-30
Document: FOIA_7a_FY2020_Present_asof_260630.csv; document SHA-256: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe
PDF page: Not captured; pointer: raw-median-recomputed. Not independently reviewed.
Dataset generated: 2026-10-03T02:32:20.074756+00:00; dataset version: f8a919ba13aeff8e04da22842f084c7fb459e532543a173426eaa34a86deca5d
Input document hashes: FOIA_7a_FY2020_Present_asof_260630.csv: 6c1e9132b5141a19f82bdc8ccafb86c9a01662461cad41ddb36a3cf409d8a4fe; code_map.csv: df55c53a0afc764ee1507d535a1924a3fab105a6daca0143ca56d9791d385d7b
Enrichment generated: 2026-10-03T11:34:53.025030+00:00
Program: 7(a); Amount column: GrossApproval