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Smoothie King signs 49 franchise deals since January 2013

DBR Staff Writer Published 10 May 2013

Smoothie King Franchises, a US-based smoothie and nutritional lifestyle center, has signed 49 new franchise agreements so far this year as part of expansion across the country.

Majority of the new franchise stores are slated to open by the end of this year.

Smoothie King global CEO Wan Kim said the company's growth in 2013 will drive its development in both new and existing markets.

"Our franchisees recognize the unique and competitive investment opportunity that our brand offers and we look forward to helping them expand their portfolios," Kim added.

"As we continue to expand across the country, we're confident that local residents will appreciate Smoothie King's commitment to providing a variety of high-quality smoothies, vitamins, supplements and healthy snacks."

The smoothie chain plans to add 1,000 new franchised and corporate locations domestically over the next five years.

With more than 500 locations in the US, the brand is offering smoothie franchise opportunities in the Southeast, Mid-Atlantic and Northeast regions, as well as Texas.

International plans include master franchise and corporate expansion in Korea, Singapore and Malaysia, with 50 new international stores in South Korea and 10 in Singapore in 2013.