April 26, 2016
Tropical Smoothie Cafe announced plans this week to sign franchise agreements for 36 restaurants, which will expand the sandwich and smoothie franchise into new and existing markets nationwide.
"Tropical Smoothie Cafe consistently sees the highest comp sales among its competitors — which include fast casual chains in addition to smoothie concepts. Our brand currently boasts the highest average unit volume in the company's 19-year history, which is a true testament to the quality of our products and our remarkable network of franchisees," said Mike Rotondo, CEO of Tropical Smoothie Cafe..
According to a press release, in the first quarter of 2015, this brand achieved a 9.5-percent growth in same-store sales and plans to have 800 units open in the U.S. by 2018.
"Tropical Smoothie Cafe has incredible growth potential, particularly now as we roll out our new mobile ordering and payment app, as well as a new café management tool, that will drive sales, traffic and profitability," said Rotondo. "It's a great time to be a part of this brand."
Started in 1997, Tropical Smoothie Cafe has 480 locations nationwide.