Tropical Juice Bar franchise
2022 filing · May 1, 2022Shares sales figures
Tropical Juice Bar at a glance
A Caribbean take-out restaurant serving fresh juices, smoothies, salads, empanadas, wraps and sandwiches. At the end of 2021 there were 5 Tropical Juice Bar locations in the US, all company-owned.
The business
- Franchisor
- Tropical Juice Bar Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Passaic, New Jersey
- Typical size
- 800–2,000 sq ft
What you pay
- Cost to open
- $195K–$400K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross revenues, paid weekly
- Brand fund
- 3%
- 3% of gross revenue, paid weekly
- Renewal fee
- See terms
- 25% of the then current franchise fee; subject to a $7,500 minimum.
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 5
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 5
- Change in 3 years
- 0
- Franchised locations, 2019–2021
- States
- 1
- Most in New Jersey
From Tropical Juice Bar Franchising, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Tropical Juice Bar among all franchises with the same figure.
| Figure | Tropical Juice Bar | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $297,300 | Costs less than 57% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 5 | Fewer than 71% of franchises |
How much a Tropical Juice Bar franchise costs
Opening one Tropical Juice Bar costs an estimated $195,100 to $399,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction lease-hold improvements, furniture and fixturesB) ($30,000 to $129,500) and equipmentC) ($63,100 to $105,900). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | ||
| Construction Lease-hold Improvements, Furniture and FixturesB) | $30,000 | $129,500 | |
| EquipmentC) | $63,100 | $105,900 | |
| Signage (interior and exterior) | $7,200 | $13,000 | |
| Computer, Software and Point of Sales SystemE) | $5,400 | $9,500 | |
| Opening InventoryF) | $6,300 | $8,700 | |
| Rent DepositsG) | $4,200 | $12,000 | |
| Utility DepositsH) | $400 | $1,000 | |
| Insurance Deposits and PremiumsI) | $1,500 | $2,300 | |
| Pre-opening Travel ExpenseJ) | $800 | $5,200 | |
| Grand Opening AdvertisingK) | $5,000 | ||
| Professional Fees | $6,000 | $18,500 | |
| L) Business Permits and LicensesM) | $500 | $1,200 | |
| Printing, Stationery and Office Supplies | $2,000 | $4,300 | |
| Additional funds – 3 MonthsO) | $32,700 | $53,400 | |
| Total | $195,100 | $399,500 | |
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, page 14
Tropical Juice Bar franchise fee
The franchise fee is $30,000. You pay it when you sign the franchise agreement.
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, page 10
Royalty and ongoing fees
| Royalty | 6% of gross revenues, paid weekly. |
|---|---|
| Brand or marketing fund | 3% of gross revenue, paid weekly. |
| Technology Fee (non-refundable) | $550 - $950 per Month Currently paid to a third party. |
| Renewal Fee (non-refundable) | 25% of the then current franchise fee; subject to a $7,500 minimum. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, page 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Tropical Juice Bar publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, page 37
- Estimate Estimated yearly sales per location
- $400K–$710K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Tropical Juice Bar franchisees
Lenders approved 6 SBA-backed loans for Tropical Juice Bar franchisees from 2022 to 2026, $2.98M in all: 5 7(a) loans and 1 504 loan. One has been paid in full; none was charged off. The other 5 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Tropical Juice Bar compares
Of the 60 smoothie franchises on this site, Tropical Juice Bar is the 16th cheapest to open and the 46th largest by number of locations.
| Figure | Tropical Juice Bar | Typical smoothie brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $195K | $227K | $222K |
| Cost to open, high end | $400K | $519K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 5 | 20 | 21 |
| Shares earnings figures | Yes | 45 of 60 | 2,147 of 3,352 |
Typical is the median across the 60 brands in smoothie franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 5 | 0 | 0 |
| 2020 | 0 (0) | 5 | 0 | 0 |
| 2021 | 0 (0) | 5 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: smoothie and juice franchise costs and franchise failure rates.
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, page 41
Where Tropical Juice Bar locations are
At the end of 2021, Tropical Juice Bar had locations in 1 state. The most are in New Jersey.
- New Jersey5
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New Jersey | 0 | 5 | 5 |
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, page 42
Who owns Tropical Juice Bar?
Tropical Juice Bar franchises are sold by Tropical Juice Bar Franchising, LLC.
From Tropical Juice Bar Franchising, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Tropical Juice Bar Franchising, LLC, 2022 filing, litigation on page 9, bankruptcy on page 9
Tropical Juice Bar filings
The figures on this page come from Tropical Juice Bar Franchising, LLC’s 2022 filing, issued May 1, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | May 1, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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