Dallas — During the third quarter, Smoothie King has reported 38 new store commitments and 28 new store openings across 16 states, marking the highest number of store openings in a single quarter in 6 years and the second highest in its history.
Key milestones this quarter included expansions into two new states (New Hampshire and Delaware); the grand opening of a new Austin, Texas, location (the first in the area in 3 years); a flagship store opening at Dallas-Fort Worth International Airport; and the opening of two new stores in Colorado as part of a broader expansion plan for the state.
The brand’s development pipeline expanded with 38 new store commitments across 12 states, with nearly 70% of the year’s growth driven by existing franchisees.
In Colorado, Smoothie King is expanding with two new stores and six additional store commitments in the state. The first store opened earlier this fall in Longmont, Colo., and a second store that just opened in mid-October in Glendale. These two locations are part of a larger growth initiative that will see six more stores open in the Denver DMA over the next 3 years, expanding Smoothie King’s footprint in Colorado by nearly 60%.
Smoothie King’s new Austin location opened on Aug. 24, marking the beginning of Smoothie King’s expansion in the Austin area, with three additional stores currently under development.
“Our Q3 results reflect our focused approach to growth and expansion,” says Chris Bremer, chief development officer at Smoothie King. “With 28 new stores opened and 38 new commitments secured, we’re seeing strong momentum across the country. Franchisees are reinvesting in the brand, and we’re breaking into new markets, positioning ourselves for continued success into the next quarter and beyond.”
Smoothie King Franchises, Inc. is a privately held, Dallas-based company with nearly 1,200 units nationwide. It was founded in 1973. For more information, visit www.smoothiekingfranchise.com.
SOURCE: Smoothie King