Published on: October 12, 2020
October 8th, 2020
Tropical Smoothie Cafe, the franchisor of a leading national fast-casual concept known for its better-for-you-smoothies and food with a tropical twist, today announced continued record-setting results for Q3 with same store sales of +19.5 percent, and year-to-date same store sales of +3.4 percent. This incredible success and industry-leading performance is due in part to consumers’ appetite for convenient, healthier fast-casual options and the brand’s menu innovation and nationwide expansion. Year-to-date, the company has opened 75 new cafes across the U.S. and is on track to open more than 85 new cafes total by the end of 2020. Additionally, the brand has strengthened its growth pipeline by signing 184 franchise agreements year-to-date.
“We are extremely proud of our franchisees who have kept up the momentum throughout Q3 by engaging with our guests and providing a seamless experience from start to finish,” said Charles Watson, CEO of Tropical Smoothie Cafe. “As we head into the final quarter of 2020 on a high note, we will continue to elevate the consumer experience by providing more ways to access our innovative menu offerings, whether it is ordering ahead, scheduling delivery, or arranging for curbside pickup.”
As a category leader in the industry, Tropical Smoothie Cafe attributes its accelerated growth to the unrivaled commitment of the brand’s franchisees who continue to engage with the communities they serve. As consumers strive for new ways to eat healthier, the company is dedicated to consistently introducing new menu options and promotions, satisfying the desire from guests across the country for made-to-order real-fruit smoothies, toasted sandwiches, flatbreads, wraps and more.
“I am confident we will close out the year on a positive note, positioning us for a record-setting 2021,” Watson continued.
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