Tropical Smoothie Cafe Targets Minneapolis For Expansion
September 8, 2017
Tropical Smoothie Cafe, the leading fast-casual Cafe concept known for its better-for-you food and smoothies with a tropical twist, announced today its aggressive franchise development plans for Minneapolis and is seeking qualified entrepreneurs to open new restaurants throughout the market. To kick off the brand’s expansion efforts, CEO Mike Rotondo will be hosting an informative ‘Meet the CEO’ event at Tropical Smoothie Cafe in St. Louis Park, located at 8140 MN-7, on September 20th at 7 p.m. The event will offer interested prospects an opportunity to learn more about franchising opportunities with the leading fast casual brand, which has achieved compounding success and substantial nationwide growth over the past several years. Attendees can also participate in a raffle for a chance to win tickets to an upcoming Minnesota Vikings game in addition to enjoying free food and smoothie samplings throughout the event.
“The growing demand for exceptional better-for-you food options has fueled our current success throughout the Northwest, with our existing restaurants in the region consistently performing well,” said Mike Rotondo, CEO of Tropical Smoothie Cafe. “As we continue to establish the brand as an industry leader in the fast casual dining segment, we anticipate tremendous growth opportunities in this market. With a proven track record of success, we’re eager to build on this momentum and are seeking new franchisees to introduce Tropical Smoothie Cafe to communities throughout Minneapolis and beyond.”
Growth efforts in Minneapolis were fueled by Tropical Smoothie Cafe’s accelerated development plans in 2017. On the heels of the company’s 20th anniversary, the brand has experienced an impressive surge in nationwide expansion, with over 100 franchise agreements signed to-date this year and an ultimate goal of opening at least 100 cafes by the end of 2017. Toting one of the most robust business climates in the country, from small to large, Minneapolis is home to more than 15 Fortune 500 companies. A city where entrepreneurs thrive, the metro region fosters product and business innovations, housing an educated labor force of over 300,000 people and growing.
Tropical Smoothie Cafe currently has franchise opportunities across the U.S. in markets such as Indianapolis, Nashville, Houston, Dallas, Cincinnati and Minneapolis, among others. By 2020, Tropical Smoothie Cafe plans to have 1,000 stores open across the U.S. The food and smoothie franchise is looking to add qualified franchisees to its growing brand. Candidates should have business experience; $125,000 in liquid assets and a minimum net worth of $350,000; and an initial investment of between $222,770 and $525,400. The better-for-you food franchise currently boasts an average unit volume (AUV) of more than $662,000 — the highest in the company’s 20-year history — with the top 50 percent reporting an AUV of more than $846,000.
RSVP to the ‘Meet the CEO’ event in Minneapolis on September 20th by visiting www.tropicalsmoothiefranchise.com/twincities.< Back
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