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$460K of Cash Flow! — Tropical Smoothie Cafe: Multi-Unit!

New York

Ad ID : 2172866

Business Type

Smoothie / Other Food and Restaurants / Delis and Sandwich Shops

Listing Details

  • Asking Price:$1,790,000
  • Annual Gross Revenue:$2,666,640
  • Annual EBITDA/Cash Flow:$459,425

Summary Description

Exceptional opportunity to purchase a high-volume and very profitable multi-store Tropical Smoothie Café business, including two time-tested, proven, and VERY PROFITABLE locations. These stores are being offered for sale for the 1st time and are a rare find in the Northeast! The Cafes are in ideal proximity to each other and easy to manage.

Tropical Smoothie Cafe is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. Multi-unit, proven and HIGHLY PROFITABLE, with ~$460K+ in EBITDA to a new owner, this sale will consist of two (2) open/operational stores. SBA approved franchise — Financing available with as little as 10-15% down, at a time when FRANdata recently named Tropical Smoothie Café the “Most Lender-Friendly Restaurant Franchise” in the U.S.

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 franchises in the U.S., as evidenced by more record-breaking years in 2021 and 2022. The brand delivered its 11th Consecutive Year of Positive Same-Store-Sales Growth, Fueled by Franchisee Growth, Digital Enhancements and Giveback Efforts in 2022. Through Q3 of 2023, Tropical Smoothie has opened 141 restaurants and signed 166 new franchise agreements. This has propelled the brand to 1,335+ operating locations! The industry leading fast casual opened 51 restaurants and signed 77 new deals in the third quarter alone, many of them with existing franchisees, adding to an already extensive pipeline of future commitments.

This unique fast casual concept is something you will be proud to own, as you provide better-for-you options for people in the community 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, curbside pick-up, and delivery!

Interested in additional Information?
1) Contact the Broker, Jeff Percey, at 804-357-3243 or email: [email protected].
2) Complete the Confidentiality Form to be provided by the Broker.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you with specific data for this business opportunity.

General Information

Included In Asking Price: Furniture, Fixtures, Equipment.

Not Included In Asking Price: Inventory: $16,000

Year Established: 2007

Facilities: Both stores operate at the current Tropical Smoothie Cafe “Beach house” specifications, and exude a relaxed coastal atmosphere designed to enhance the consumer experience. They provide a menu offering that is unique and highly desirable, leading the way as a “Healthier-lifestyle” franchise brand. These two in-line stores are in high-traffic centers with strong co-tenancy and regional draw from the surrounding areas! There are fantastic leases in place – combined occupancy costs are less than 5.6% of sales!

Market Outlook

Growth and Expansion: 1) Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. would be very impactful and further increase brand awareness! 2) Huge growth potential with Delivery and Catering: Seller has launched 3rd party delivery and both On-line and 3rd party sales continue to grow. This will be upside for the Buyer.

About the Sale

Support and Training: 3 weeks of comprehensive training provided by the Franchisor, ensuring you are ready to own these successful Tropical Smoothie Cafe franchises.

Reason for Sale: Seller is retiring.

Attached Documents:

Confidentiality Form

Contact Information

Name: Jeff Percey

Phone: 804-357-3243 (Direct)

Email: [email protected]