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FranchiseVerdict

Applebee's Neighborhood Grill & Bar vs Tropical Smoothie Cafe

Franchise Comparison 2026

Both Applebee's Neighborhood Grill & Bar and Tropical Smoothie Cafe are full-service restaurants franchises. Applebee's Neighborhood Grill & Bar requires an investment of $2.4M – $7.1M while Tropical Smoothie Cafe requires $341K – $815K. In terms of revenue, Applebee's Neighborhood Grill & Bar reports higher average unit revenue at $2.8M. Tropical Smoothie Cafe has SBA lending data on file with a 11.2% charge-off rate. FranchiseVerdict rates Applebee's Neighborhood Grill & Bar A (Top Quintile) and Tropical Smoothie Cafe A (Top Quintile).

Investment Range
$2.4M – $7.1M
$341K – $815K
Franchise Fee
$35K
$35K
Royalty Rate
4.0%
6.0%
Average Revenue (Item 19)
$2.8M
$1.0M
SBA Charge-Off Rate
N/A
11.2% (653 loans)
Total Units
1,545
1,515
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2014
2012
FDD Year
2024
2025