Smoothie King Inks 60-Unit Expansion Deal

Franchise agreement to bring leading smoothie brand to new Midwest and central Florida markets

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Jun 27, 2018, 09:09 ET

DALLAS, June 27, 2018 /PRNewswire/ -- Smoothie King, the leading smoothie company with nearly 1,000 locations worldwide, continues its record-setting growth with a new franchise partner that will introduce the brand to cities in Ohio, Kentucky, Indiana and central Florida.

John Clancy and his team at Smoothie King Midwest have signed an agreement to develop 60 locations, starting in Indianapolis and Palm Beach County, Florida. Clancy, a longtime Planet Fitness franchisee with a strong background in real estate and finance, has an aggressive growth plan for the brand.

"This is the right time to invest in brands that cater to healthy living, and Smoothie King stands out in that space," said Clancy. "Wan Kim's leadership and commitment to the company vision, combined with its superior products, finely tuned franchise organization and strong financials make this a great opportunity for our team. At the same time, it gives us the opportunity to inspire thousands of customers to achieve their health goals."

Clancy and his team currently own 27 Planet Fitness gyms in Ohio and Florida. They opened three Smoothie King locations with partner Bob Viani in Connecticut, New York and Florida in the past year under a separate development agreement.

"As our brand continues to grow, its vision and strength are attracting highly successful, multi-unit operators like John and his team," said Smoothie King CEO Wan Kim. "The deep experience in the wellness space and their ability to facilitate growth allows us to help even more guests in new communities live healthy, active lifestyles."

Already the fastest-growing chain in its category, Smoothie King expects to open 150 new locations in 2018, the most it has ever opened in the U.S. in a single year. Clancy and his team plan to open the first Indianapolis location this year.

About Smoothie King Franchises, Inc.
Smoothie King Franchises, Inc., the original U.S. smoothie franchise, is a privately held, Dallas-area-based franchise company with nearly 1,000 units worldwide. It was founded in 1973 by Steve Kuhnau, whose mission was to help others achieve better health in a tasty way, and today, it continues its "Smoothies With A Purpose" mission through its Cleaner Blending initiative that focuses on better ingredients, including more whole fruits and vegetables. The franchise is currently ranked No. 1 by Entrepreneur magazine in the juice bar category for the 25th year and No. 35 overall on the 2017 Franchise 500 list, and also offers retail products that include sports beverages, energy bars, vitamins, supplements and more. Visit www.smoothieking.com or www.smoothiekingfranchise.com, on Facebook at www.facebook.com/SmoothieKing and Instagram at www.instagram.com/SmoothieKing.

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SOURCE Smoothie King