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Tropical Smoothie inks deal for 51 franchises

Tropical Smoothie Café, a fast casual café concept serving food and smoothies with a tropical twist, signed 51 franchise agreements in Q1 2015.

April 3, 2015

Tropical Smoothie Café, a fast casual café concept serving food and smoothies with a tropical twist, signed 51 franchise agreements in Q1 2015, the company said in a press release.

The deal will expand the sandwich and smoothie franchise in Atlanta, Detroit, Providence, Miami, Charleston, South Carolina and Fayetteville, North Carolina markets. The brand also reported 12.31 percent same-store sales growth over Q1 2014.

"We had great momentum heading into 2015 after reporting incredibly strong results last year, including positive comp sales of 11.4 percent and our highest average unit volume of more than $526,000 — with the top 50 percent reporting an AUV of $669,000," said Mike Rotondo, CEO of Tropical Smoothie Café, in the release. "Clearly, Tropical Smoothie Café is well-positioned to continue our aggressive growth and reach our goal this year of signing franchise agreements to develop an additional 150 new locations."