News

Smoothie King signs multiunit agreements in Egypt and Turkey

May 17, 2009

NEW ORLEANS — Smoothie King Franchises Inc. has signed an agreement with the Amer Group, an Egyptian real estate development and hospitality company, to open at least 20 Smoothie King locations in Egypt and Turkey in the next few years, the company has announced.

The agreement provides for new locations initially throughout Egypt and then Turkey, with the first Smoothie King scheduled to open later this summer in El Alamein, Egypt and additional locations currently planned for cities along the Mediterranean and Red Sea coasts, as well as in Cairo. The developer will be Tropicana for Projects, S.A.E., a wholly owned subsidiary of the Amer Group Corp.

An owner of three premier resorts in Egypt, the Amer Group also is the largest local owner and operator of casual dining restaurant chains in Egypt, with nearly 40 restaurant outlets with brands including Chili's, Studio Misr, Johnny Carino's, Fish Market and Alain Le Notre.