$370K+ EBITDA and rising! (4) Tropical Smoothie Cafe Franchises.

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Asking Price:
$1,700,000

Gross Revenue:
$2,786,121
Cash Flow:
 Not Disclosed
EBITDA:
$369,837
Inventory:
$24,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Extraordinary opportunity to purchase a high-volume and very profitable multi-store Tropical Smoothie Café chain. FINANCING IS AVAILABLE - 20% down payment or less. These stores are being offered for sale for the 1st time and are a rare find in the Northeast! The Seller’s were trailblazers for Tropical Smoothie in New England and have recognized tremendous success in both NH and ME.

Tropical Smoothie is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. This business is a proven franchise with consistent performance. Multi-unit, well established and HIGHLY PROFITABLE, with $370k in EBITDA (up 11.7% since 2018)-- This sale will consist of 4 open/operational stores. Total TURNKEY operation, allowing for an easy transition of ownership.

Absentee owned & operated. Each store employs a General Manager and a fully trained staff. There is a District Manager that oversees all four locations.

Tropical Smoothie Cafe was founded in 1997 and the first franchise opened in Tallahassee, FL in 1998. Tropical Smoothie is one of the fastest growing franchise opportunities in the U.S. With over 750 locations in 44 states, this Healthy Lifestyle brand continues its momentum. In 2018, the brand opened 110 cafes and signed 191 franchise agreements, with more than 60% of those agreements coming from its existing franchisees. Tropical Smoothie Cafe reported its seventh consecutive year of positive same-store sales growth in 2018.

This unique fast casual concept is something you will be proud to own, as you provide better-for-you options for people in the communities you serve. You can feel good about serving great-tasting and innovative smoothies, bowls, flatbreads, wraps, and sandwiches, including pressed sandwiches. Tropical Smoothie has a balanced mix of food and smoothies, allowing you to capitalize on breakfast, lunch, dinner, dessert, snacks, catering and delivery!

Interested in additional Information?
1) Download or open the Confidentiality Form located in the Attached Documents section below.
2) Complete the Confidentiality Form and return it to us via the email address listed on the bottom of the Confidentiality Form.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you specific data for this business opportunity.

You may also download the Confidentiality Form from our website at www.AtlanticBusinessBrokerage.com, where you can also view similar businesses for sale in your area.

About the Business

Location:
Cumberland County, Maine
Year Established:
2011
Franchise:
Yes
Facilities:
All four Tropical Smoothie Cafés stand proud as #1 in Smoothie sales in their markets. They provide a menu offering that is unique and highly desirable in the region. The stores are in high-traffic centers with strong co-tenancy and draw from the surrounding areas. Each location has excellent visibility and access!
Growth & Expansion:
The stores have been successful with virtually no marketing:

--Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams and other organizations, etc. would be very impactful and further increase brand awareness!

--Huge growth potential to expand catering and 3rd party delivery business! Seller recently launched with ezCater and has already seen large orders. Delivery is all upside as Seller has not promoted thus far.

--New owner is in prime position to open future stores in these markets.
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About the Sale

Reason For Selling:
The Sellers now live out of state.
Training/Support:
New Franchisee will receive up to 4 weeks of training from the Seller and Franchisor.

Listing Info

ID:
1629910
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Confidentiality Form (853 KB)
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Business Listed by

Jeff Percey

Atlantic Business Brokerage, Inc.

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Sponsoring Broker:

Daniel Puciato
Atlantic Business Brokerage, Inc.


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