
Smoothie King is owned by Smoothie King Franchises, Inc., a private company majority-owned by CEO Wan Kim, a South Korean entrepreneur who was the brand's first international franchisee before buying the company in 2012. Founded in 1973 by Steve Kuhnau in Kenner, Louisiana, the chain has more than 1,240 locations and reported 2025 system sales of $760 million.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Smoothie King | Smoothie King Franchises, Inc. | Wholly owned |
Steve Kuhnau founded Smoothie King in Kenner, Louisiana, in 1973, blending fruit drinks to help manage his own food allergies and sensitivities. He and his wife Cindy opened the first retail outlet and are widely credited with inventing the word "smoothie" and popularizing the blended health drink format in America.
The company began franchising in the 1980s and grew steadily across the southern United States, building a menu organized around functional goals: slim down, get healthy, and build fitness. The brand predated and outlasted nearly every competitor in the smoothie category it helped create.
Wan Kim entered the story in 2003 as the first international franchisee, launching Smoothie King in South Korea and expanding to more than 130 locations there. In 2012 he bought the company outright from the Kuhnaus and began a brand rebuild: he relocated headquarters to Dallas, Texas, redesigned stores, rewrote the menu around "clean blends" with no artificial ingredients or high fructose corn syrup, and refocused the chain's positioning on health and fitness.
Growth under Kim has been consistent. The company reports system sales growing at a double-digit compound rate since 2012, with total sales up 64 percent over the last five years. In 2025 Smoothie King recorded corporate revenue of $66.16 million and net income of $14.84 million, while the franchise system generated $760.4 million in sales. The chain finished 2025 with 1,242 US locations plus international units.
Recent moves include the chain's first food menu in 2025, protein-packed chicken flatbreads in 2026 that drove the strongest same-store sales period of that year, a warmer store design announced in April 2026, more than 200 committed new locations, and novelty collaborations with Heinz on a ketchup smoothie and Grillo's Pickles on a pickle smoothie.
Who owns Smoothie King Franchises, Inc.?
The company is majority-owned by chairman and CEO Wan Kim, who bought it in 2012. Private equity firm Main Post Partners acquired a minority stake in 2025.
Is Smoothie King Franchises publicly traded?
No. It is a privately held company. Financial information is available only through franchise disclosure documents and company announcements.
When was Smoothie King founded?
Steve and Cindy Kuhnau founded Smoothie King in 1973 in Kenner, Louisiana. The company began franchising in the 1980s.
How much revenue does Smoothie King make?
The franchisor reported 2025 corporate revenue of $66.16 million and net income of $14.84 million. The broader franchise system generated $760.4 million in sales in 2025.
How many Smoothie King stores are there?
The system had 1,245 locations at the end of 2025: 1,242 in the United States across 33 states plus three international units in South Korea, the Cayman Islands, and Trinidad and Tobago.
Where is Smoothie King headquartered?
Smoothie King Franchises, Inc. is headquartered in Dallas, Texas. The company moved there from its founding city in the New Orleans area after Wan Kim's 2012 acquisition.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Mcdonalds | USA | 1940 | Mass market | Global | All-ages | |
| Bloomin Brands | USA | 2019 | Mass market | Global | All-ages | |
| Keurig Dr Pepper | United States | 2009 | Premium | United states | All-ages | |
| Generous Brands | USA | 1915 | Premium | United states | All Genders | |
| Restaurant Brands International | USA | 1953 | Mass market | Global | All-ages | |
| Berkshire Hathaway | USA | 1940 | Mass market | United states | All-ages |
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