The fast-casual chain plans to open around 130 locations this year and has announced the signing of 95 new franchise agreements.
The move comes following an exceptionally strong first quarter for the brand, for which a 29.7 per cent increase in same-store-sales was recorded. This figure includes a 15.8 per cent increase in January and February.
Currently, Tropical Smoothie has opened 25 sites during the first quarter of their new 130 target.
Chief Executive Officer, Charles Watson, commented: “We’re thrilled to have hit the ground running in the first quarter with strong results across the board. The incredible demand for select menu items continues to drive strong same-store-sales, and the record number of franchise agreements provides a very healthy pipeline for our future growth.”
There are currently 940 Tropical Smoothie locations across the US.