Smoothie Concept Plans 100% Franchise Growth Over Three Years
| Press Releases - Food and Restaurant Franchises | |
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Raving Brands, a multi-concept franchise portfolio of choice, announced today that it will rollout out the next generation of its Planet Smoothie concept, readying it for rapid development. The three-year plan, beginning in 2007, will bring new energy, focus and resources to Planet Smoothie. It will also include a menu expansion, updated trade dress, and a smart, aggressive growth strategy that culminates with more than 250 locations by 2009. A primary focus of the growth strategy is strengthening and expanding the new Planet Smoothie Café concept. Originally introduced in 2005, marking Planet Smoothie’s 10th anniversary, Planet Smoothie Café features a delicious, healthy food menu to supplement Planet Smoothie’s selection of the best-tasting smoothies on the planet. The concept was created to serve additional day parts, offering breakfast and lunch and more substantial meal replacement options. Beyond the menu, the Planet Smoothie Café concept is distinguished from the original by its edgy, modern design, where stainless steel accents contradict soft hues of green and orange and contemporary Top 40 music fills the space. The food menu aligns with Planet Smoothie’s healthful values and offers a number of nutritious items such as a Sun Dried Tomato and Turkey Wrap, Hot Ham and Cheese Sandwich, and Asian Chicken Salad. Planet Smoothie Café currently has 14 locations open and operating across nine states, with an additional 14 franchise commitments for the future. “Our strategy is simple: refresh, re-energize and expand. We’re going to ‘pump up’ Planet Smoothie,” explains Chris Morocco, executive vice president and chief development officer for Raving Brands. “We’ll springboard from Planet Smoothie’s core competency of nutritious fresh fruit smoothies and healthful offerings and continue to cater to active, health-conscious consumers, while we work to expand that core consumer base and, ultimately, secure Planet Smoothie’s position as the undisputed leader in the smoothie segment.” Another key strategy for growing Planet Smoothie’s category leadership is real estate selection. The concept will expand its preferred sites to include concession units, strategic alliances with big box retailers and department stores and other places where on-the-go suburban, affluent consumers frequent. Additionally, Planet Smoothie’s area developers, who act as franchise sales agents and local market experts, will play an increased role in real estate selection as part of Raving Brands expanded real estate infrastructure. “Planet Smoothie is an exceptional niche brand with a product offering that’s perfect for the rapidly growing number of health– and convenience-driven consumers,” says Chris McCracken, vice president, Planet Smoothie. “Refreshing the concept is important for strategic growth as Raving Brands continues to monitor and react to consumer trends. Raving Brands has a new level of focus on the strategy and smart growth, and we believe Planet Smoothie is ripe for aggressive expansion.” |
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