Franchise Facts Report

Franchise Facts Reportcompare → Tropical Smoothie Cafe vs Rita's Ice-Custard-Happiness

Tropical Smoothie Cafe vs Rita's Ice-Custard-Happiness

Food & beverage · head-to-head from each brand's most recent FDD

Two food & beverage franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.

Tropical Smoothie CafeRita's Ice-Custard-Happiness
Total initial investment
FDD Item 7
$300,000 – $720,500 $293,233 – $768,992
Initial franchise fee
FDD Item 5
$35,000
Royalty
FDD Item 6
6% 6.5%
Item 19 earnings disclosed
FDD Item 19
Yes Yes
Avg unit revenue (headline)
FDD Item 19
$1,673,798 $511,673
Franchised outlets
FDD Item 20
1,371 546
Net outlet change (latest yr)
FDD Item 20
+174 +18
Closure rate
FDD Item 20
0.4%
Franchisee lawsuits
FDD Item 3
disclosed disclosed
Risk level
our read
Low Medium
FDD year
registration
2025 2024

Are Tropical Smoothie Cafe and Rita's Ice-Custard-Happiness the same company?

No — Tropical Smoothie Cafe and Rita's Ice-Custard-Happiness are franchised by separate companies. Tropical Smoothie Cafe's franchisor is Tropical Smoothie Cafe, LLC (Unit); Rita's Ice-Custard-Happiness's is RITA'S FRANCHISE COMPANY, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

Cost to open

Tropical Smoothie Cafe is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $300,000 – $720,500, against $293,233 – $768,992 for Rita's Ice-Custard-Happiness.

How much does each make? (Item 19)

Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Tropical Smoothie Cafe reports the higher figure ($1,673,798 vs $511,673). Revenue is not profit — the full report breaks out what each brand actually represents.

Closures & failure rate

Tropical Smoothie Cafe reports 1,371 franchised outlets, net change +174 in the latest reported year, a 0.4% closure rate (FDD Item 20). Rita's Ice-Custard-Happiness reports 546 franchised outlets, net change +18 in the latest reported year (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate; the full report puts both brands' churn against food & beverage medians.

Litigation

Tropical Smoothie Cafe discloses litigation in FDD Item 3 (case detail in the full report). Rita's Ice-Custard-Happiness discloses litigation in FDD Item 3 (case detail in the full report).

The full side-by-side — $249

This page is the headline numbers. The Deep report compares up to three brands on the complete FDD record — every fee line, the actual Item 19 figures and what they represent, each lawsuit, and churn benchmarked against food & beverage peers.

How the report works

Only looking at one of them?

Tropical Smoothie Cafe vs Rita's Ice-Custard-Happiness — frequently asked

Are Tropical Smoothie Cafe and Rita's Ice-Custard-Happiness the same company?

No — Tropical Smoothie Cafe and Rita's Ice-Custard-Happiness are franchised by separate companies. Tropical Smoothie Cafe's franchisor is Tropical Smoothie Cafe, LLC (Unit); Rita's Ice-Custard-Happiness's is RITA'S FRANCHISE COMPANY, LLC. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.

What is the difference between Tropical Smoothie Cafe and Rita's Ice-Custard-Happiness?

Tropical Smoothie Cafe and Rita's Ice-Custard-Happiness are food & beverage franchises from different franchisors (Tropical Smoothie Cafe, LLC (Unit) and RITA'S FRANCHISE COMPANY, LLC). Tropical Smoothie Cafe is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $300,000 – $720,500, against $293,233 – $768,992 for Rita's Ice-Custard-Happiness. Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Tropical Smoothie Cafe reports the higher figure ($1,673,798 vs $511,673). Revenue is not profit — the full report breaks out what each brand actually represents.

Is Tropical Smoothie Cafe more profitable than Rita's Ice-Custard-Happiness?

Both franchisors make an Item 19 financial performance representation. On the headline average unit revenue each discloses, Tropical Smoothie Cafe reports the higher figure ($1,673,798 vs $511,673). Revenue is not profit — the full report breaks out what each brand actually represents.

Which is cheaper to open — Tropical Smoothie Cafe or Rita's Ice-Custard-Happiness?

Tropical Smoothie Cafe is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $300,000 – $720,500, against $293,233 – $768,992 for Rita's Ice-Custard-Happiness.

Is Tropical Smoothie Cafe or Rita's Ice-Custard-Happiness growing faster?

Tropical Smoothie Cafe reports 1,371 franchised outlets, net change +174 in the latest reported year, a 0.4% closure rate (FDD Item 20). Rita's Ice-Custard-Happiness reports 546 franchised outlets, net change +18 in the latest reported year (FDD Item 20).

Go deeper on each brand

Tropical Smoothie Cafe franchise facts$300,000 – $720,500 · low risk Rita's Ice-Custard-Happiness franchise facts$293,233 – $768,992 · medium risk

Food & beverage rankings

Best Food & beverage franchises by the FDD numbersCheapest Food & beverage franchises to openFastest-growing Food & beverage franchisesFood & beverage franchises ranked by average revenueFood & beverage franchises with disclosed Item 19 earningsFood & beverage franchises with the most franchisee lawsuitsLowest-churn Food & beverage franchisesLowest-royalty Food & beverage franchises

Figures are as disclosed in each brand's most recent registered FDD (Tropical Smoothie Cafe 2025, Rita's Ice-Custard-Happiness 2024). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.