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
$275,500 – $770,500 $315,233 – $712,542
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
$978,298 in report
Franchised outlets
FDD Item 20
1,650 569
Net outlet change (latest yr)
FDD Item 20
+136 +5
Closure rate
FDD Item 20
Franchisee lawsuits
FDD Item 3
disclosed disclosed
Risk level
our read
Medium Low
FDD year
registration
2026 2026

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 TSC Franchisor, LLC; 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

Rita's Ice Custard Happiness is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $315,233 – $712,542, against $275,500 – $770,500 for Tropical Smoothie Cafe.

How much does each make? (Item 19)

Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD and in the full report.

Closures & failure rate

Tropical Smoothie Cafe reports 1,650 franchised outlets, net change +136 in the latest reported year (FDD Item 20). Rita's Ice Custard Happiness reports 569 franchised outlets, net change +5 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 TSC Franchisor, LLC; 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 (TSC Franchisor, LLC and Rita's Franchise Company, LLC). Rita's Ice Custard Happiness is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $315,233 – $712,542, against $275,500 – $770,500 for Tropical Smoothie Cafe. Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD and in the full report.

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

Both franchisors make an Item 19 financial performance representation — the detailed figures are in each brand's FDD and in the full report.

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

Rita's Ice Custard Happiness is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $315,233 – $712,542, against $275,500 – $770,500 for Tropical Smoothie Cafe.

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

Tropical Smoothie Cafe reports 1,650 franchised outlets, net change +136 in the latest reported year (FDD Item 20). Rita's Ice Custard Happiness reports 569 franchised outlets, net change +5 in the latest reported year (FDD Item 20).

Go deeper on each brand

Tropical Smoothie Cafe franchise facts$275,500 – $770,500 · medium risk Rita's Ice Custard Happiness franchise facts$315,233 – $712,542 · low 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 2026, Rita's Ice Custard Happiness 2026). “—” 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.