Smoothie Factory / Smoothie Factory+Kitchen Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Smoothie Factory is a quick-service franchise serving made-to-order smoothies, juices, and healthy fare. Franchisees run the shops, managing fresh prep, staffing, and counter service.
FranchiseVerdict summary · 2026
A Smoothie Factory / Smoothie Factory+Kitchen franchise requires a total initial investment of $279K – $475K, including a $30K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 40.5% charge-off rate across 43 loans[1]. FranchiseVerdict grade: F (Weakest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $279K – $475K
- 44th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 46th pct Service Resta…
- Units
- 7
- 30th pct Service Resta…
- SBA charge-off
- 40.5%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $279K – $475K including a $30K franchise fee, 6.0% ongoing royalty.
- RETURNSNo Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- RISKVerdict F (Weakest tier), verdict score 5/100 (higher is better). SBA loan charge-off rate of 40.5% across 43 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAG5 units terminated last reporting year (71.4% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Smoothie Holdings FC, LLC
- Parent company
- Smoothie Holdings, LLC
- Predecessor
- The Smoothie Factory, Inc. (SFI)
- Prior franchisor entity
- CEO title
- Chief Executive Officer
- Sherif Mityas
- Incorporated in
- Texas
- HQ
- 14860 Montfort Drive, Suite 150 PMB 34, Dallas, Texas 75254
- Auditor
- A&G LLP
- Audited financials
- Franchisor revenue
- $183K
- vs $190K prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Overview
About
- CEO
- Sherif Mityas
- Headquarters
- TX
- Founded
- 2013
- FDD year
- 2025
- States available
- 2
Can you afford it, and what does the money buy?
Entry cost runs 43% below the typical quick-service restaurants franchise.
Source: FDD 2025 · Items 5–7
Full Item 7 breakdown16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| RED MANGO License Fee | $5K | $5K | |
| Lease Deposits & Rent | $4K | $9K | |
| Additional Equipment (soft serve machines and toppings bar) | $45K | $60K | |
| Initial Franchise Feenot refundable | $15K | $15K | |
| Architect; Engineer; Drawings | $4K | $9K | |
| Permits | $500 | $3K | |
| Interior Improvements, General Contractor; Electrical; Millwork; Tile, Plumbing, HVAC | $23K | $75K | |
| Signage Package | $3K | $6K | |
| Smallwares; Furniture; Interior Graphics; Fixtures; Digital Menu Boards; Equipment | $15K | $25K | |
| POS System | $0 | $10K | |
| Inventory; Uniforms | $4K | $5K | |
| Pre-opening training expenses | $3K | $5K | |
| New Store Marketing Plan Fee | $5K | $5K | |
| Insurance - Liability & Workers compensation (initial deposit) | $1K | $2K | |
| Professional Fees | $2K | $6K | |
| Additional Funds (3 months) | $5K | $10K | |
| Total initial investment | $133K | $250K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $279K – $475K
- Middle of category vs category
- Liquid capital req'd
- $10K – $20K
- Top 40% of category vs category
- Franchise fee
- $30K – $30K
- Top 40% of category vs category
- Royalty
- 6.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 3.0%
- typical 3–5%
- Total fee load
- 9.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 3.0% of gross sales |
| Technology fee | $2K |
| Transfer fee | $10K |
| Renewal fee | $8K |
| Total fee load | 9.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Smoothie Factory / Smoothie Factory+Kitchen did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Smoothie Factory / Smoothie Factory+Kitchen unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
25%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.0% (near the Quick-Service Restaurants average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System shrank 66.7% over 3 years — 7 closures. Ask existing franchisees about local market conditions.
Multi-unit rate
Only 1% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants averages
How Smoothie Factory / Smoothie Factory+Kitchen Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 7
- Opened
- 0
- Last reporting year
- Closed
- 7
- Terminated
- 5
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 2
- Term expired, not renewed (per Item 20)
- Turnover rate
- 100.0%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Multi-unit owners
- 1.0%
- Net growth (3-yr)
- -66.7%
- Net unit change over 3 years
- 3-yr CAGR
- -66.7%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 5
- Non-renewed (3yr)
- 2
- Transfers (3yr)
- 1
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 3
- Franchisor's next-year forecast
- Transfer rate
- 14.3%
- Owners selling to other franchisees
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 9 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 43
- Loan volume
- $5.7M
- Median loan
- $133K
- average
- Charge-off rate
- 40.5%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 17
- Defaults
- 15
Vintage analysis
Smoothie Factory / Smoothie Factory+Kitchen charge-off rate by loan vintage
Top lenders financing Smoothie Factory / Smoothie Factory+Kitchen franchisees
Showing 3 of 17 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Smoothie Factory / Smoothie Factory+Kitchen's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 4 states
- Startup risk premium and job creation velocity
Instant access. No subscription.
A 40.5% charge-off rate means roughly 1 in 2 franchisees failed to repay their SBA loan. Investigate what changed.
What could kill this investment?
SBA loans charge off at 40.5% — 153% above the 16.0% national norm, i.e. higher lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Three concluded breach of contract actions: (1) Smoothie Holdings FC, LLC v. Farhaj Haq and Wahaj Haq (settled April 2023, $9,000 payment); (2) Smoothie Holdings FC, LLC v. Extremeline Nutrition, LLC et al. (settled May 2024, permanent injunction); (3) Smoothie Holdings FC, LLC v. Fortune Ajebon, LLC et al. (settled December 2024, $4,500 payment plus injunction).
Largest disclosed settlement: $9,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · A&G LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 5 / 100 verdict
- 01MINORNegative net worth -$89,445, net loss -$5,413
- 02MINORfinancial_distress=true
- 03MEDItem 19 not disclosed
- 04MINOR3 routine franchisor-plaintiff collection suits
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 1 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 3 |
View Item 3 litigation summary
Three concluded breach of contract actions: (1) Smoothie Holdings FC, LLC v. Farhaj Haq and Wahaj Haq (settled April 2023, $9,000 payment); (2) Smoothie Holdings FC, LLC v. Extremeline Nutrition, LLC et al. (settled May 2024, permanent injunction); (3) Smoothie Holdings FC, LLC v. Fortune Ajebon, LLC et al. (settled December 2024, $4,500 payment plus injunction).
Items 10, 11
Training & Operations
- Classroom training
- 12 hrs
- On-the-job training
- 36 hrs
- Training location
- On-site and corporate
- POS system
- Revel
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Revel
Item 20 · call current owners
Franchisee Contacts
21 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Smoothie Factory / Smoothie Factory+Kitchen · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Smoothie Factory / Smoothie Factory+Kitchen franchise?
The total investment to open a Smoothie Factory / Smoothie Factory+Kitchen franchise ranges from $279K – $475K, with an initial franchise fee of $30K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Smoothie Factory / Smoothie Factory+Kitchen franchise owners earn?
Smoothie Factory / Smoothie Factory+Kitchen does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Smoothie Factory / Smoothie Factory+Kitchen FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Smoothie Factory / Smoothie Factory+Kitchen FDD and qualifies whose outlets they describe.
What is Smoothie Factory / Smoothie Factory+Kitchen's franchise failure rate?
Based on SBA 7(a) loan data, Smoothie Factory / Smoothie Factory+Kitchen has a charge-off rate of 40.5% across 43 loans, meaning 40.5% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Smoothie Factory / Smoothie Factory+Kitchen franchise locations are there?
As of their most recent FDD filing, Smoothie Factory / Smoothie Factory+Kitchen has 7 total units in the United States, including 7 franchised units and 0 company-owned units.
Is Smoothie Factory / Smoothie Factory+Kitchen a good franchise to buy?
FranchiseVerdict rates Smoothie Factory / Smoothie Factory+Kitchen as a F-grade franchise with a verdict score of 5 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.