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Tropical Smoothie Cafe history
Tropical Smoothie Cafe company history timeline
About Tropical Smoothie CafeFounded in 1997, Tropical Smoothie Cafe is a fast-casual restaurant concept inspiring healthy lifestyles across the country, with over 465 locations nationwide.
In 1999, they created a niche in the smoothie category by introducing a line of food items including sandwiches and wraps.
Tropical Smoothie Cafe is now opening a new store at a pace of every 3–4 days, an improvement from their pace of every 6–7 days in 2007, their 10th anniversary year.
Tropical Smoothie Cafe's aggressive franchise growth is backed by the entrepreneurs at the BIP Franchise Accelerator, a division of venture capital firm BIP Capital, which invested in the brand in 2010.
In 2012, private equity firm Buckhead Investment Partners (BIP) bought a controlling interest in Tropical Smoothie Cafe.
Leading Fast Casual Cafe Reports Same-store Sales of 11.25 Percent and Signing of Nearly 200 Franchise Agreements in 2015
11, 2016 /PRNewswire/ -- Tropical Smoothie Cafe, the leading fast casual cafe concept known for its better-for-you food and smoothies with a tropical twist, announced today its strongest year of growth in the brand's 19-year history.
Cheryl Fletcher joined Tropical Smoothie Cafe in July of 2017.
They opened their 400th location in Toledo, Ohio, 500th location in Westland, Michigan, and in 2017 their 600th location in Joplin, Missouri.
By 2018, Tropical Smoothie Cafe plans to have 800 stores open across the United States
Prior to being named CEO in 2018, Charles served as the chief development officer for Tropical Smoothie Cafe.
Michael Lapid joined Tropical Smoothie Cafe in October of 2019 to the role of Chief Information and Digital Officer.
They opened their 800th location in Arlington Heights, IL in 2019.
The brand was acquired by private equity firm Levine Leichtman Capital Partners (LLCP) in September 2020.
Of the 877 Restaurants, 109 were excluded since they were not open for at least 357 days in 2021.
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Tropical Smoothie Cafe competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Burger King | 1954 | $2.3B | 34,248 | 1,690 |
| Quiznos | 1981 | $170.0M | 1,500 | - |
| Pizza Hut | 1958 | $7.5B | 350,000 | 10,746 |
| Orange Julius | 1926 | $1.8M | 2,362 | - |
| Planet Smoothie | 1995 | $1.5M | 10 | - |
| Denny's | 1953 | $452.3M | 3,100 | 798 |
| Taco John's | 1969 | $14.3M | 354 | 220 |
| Smoothie King (skfi) | - | $350,000 | 5 | 425 |
| Spangles | 1978 | $19.0M | 750 | - |
| Jersey Mike's Subs | 1956 | $6.3M | 80 | 1,896 |
Tropical Smoothie Cafe history FAQs
Zippia gives an in-depth look into the details of Tropical Smoothie Cafe, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Tropical Smoothie Cafe. The employee data is based on information from people who have self-reported their past or current employments at Tropical Smoothie Cafe. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Tropical Smoothie Cafe. The data presented on this page does not represent the view of Tropical Smoothie Cafe and its employees or that of Zippia.
Tropical Smoothie Cafe may also be known as or be related to Tropical Smoothie Cafe and Tropical Smoothie Cafe, LLC.