Tropical Smoothie Cafe® Signs More Than 200 Franchise Agreements and Opens 124 Cafes in 2019
Tropical Smoothie Cafe, a leading national fast-casual cafe concept known for both its better-for-you smoothies and food with a tropical twist, announced its significant achievements in 2019, reporting its eighth consecutive year of same-store sales growth. During 2019, the brand opened 124 cafes in key markets throughout the U.S. such as Dallas-Fort Worth, Tampa and Chicago and signed 213 franchise agreements, with more than 60% of those agreements coming from its existing franchisees. As a result of its rapid expansion and success achieved, Tropical Smoothie Cafe was recognized amongst Fast Casual's Top 100 Movers and Shakers, Nation's Restaurant News' Top 200 and Top 10 Fastest Growing Chains, as well as Franchise Times’ Fast and Serious.
The brand’s aggressive growth goals for the Midwest and Western United States resulted in major milestones, opening its 750th cafe in Sugar Land, Texas and its 800th cafe in Arlington Heights, Illinois. These expansion efforts have been followed by the signing of several multi-unit franchise agreements in various markets throughout the regions.
“We’re proud to reflect on 2019, recognizing it as a record-breaking year for Tropical Smoothie Cafe as we opened more cafes and sold more franchise agreements than any other year in our company history. To top it off, we experienced same-store sales twice the industry average, further positioning us as a standout brand in the segment and a viable investment strategy for experienced multi-unit operators or those looking to franchise for the first time,” said Charles Watson, CEO of Tropical Smoothie Cafe, LLC.