$950K+ Cash Flow to Owner! — Tropical Smoothie Cafes — Multi-Unit!
South Carolina
Ad ID : 2298184
Business Type
Smoothie / Other Food and Restaurants / Delis and Sandwich Shops
Listing Details
- Asking Price:$4,225,000
- Annual Gross Revenue:$4,443,431
- Annual EBITDA/Cash Flow:$951,201
Summary Description
Extraordinary opportunity to purchase a multi-unit package of high-volume and proven Tropical Smoothie Café franchises! These Cafés are being offered for sale for the 1st time and are a rare find in the Southeast! The stores are in ideal proximity to each other and easy to manage.
The stores have been refreshed to the Tropical Smoothie Cafe “Beach house” re-imaging standards, including upgrades to the SynergySuite platform and PAR Brink POS. 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 ~$952K+ in EBITDA to a new owner, this sale will consist of multiple open/operational stores. SBA approved franchise — Financing available with as little as 10-15% down, at a time when FRANdata has once again awarded Tropical Smoothie Café the TopScore FUND Award with a score of 920, the highest in the QSR industry, for the third consecutive year!
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, 2022 and 2023. The brand delivered its 12th Consecutive Year of Positive Same-Store-Sales Growth, Fueled by Franchisee Growth, New product launches, Digital Enhancements (Digital sales comprise 37% of the brand’s overall sales) and Giveback Efforts ($2.4MM+ donated to No Kid Hungry). In 2023, Tropical Smoothie opened 176 restaurants (14%-unit growth over prior year) and signed 258 new franchise agreements. This has propelled the brand to 1,500+ operating locations. Over 70% of the new openings are with existing franchisees who have proven to be key ambassadors for the ever-growing brand!
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, 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: $28,000
Year Established: 2012
Facilities: Strong markets…These stores serve customers from universities, medical centers, and hospitals along with car dealerships, businesses, and residential communities. Each store operates at the current Tropical Smoothie Cafe specifications, and exudes a relaxed coastal atmosphere designed to enhance the consumer experience. The cafes are in high-traffic centers with strong co-tenancy and regional draw from the surrounding areas! There are great leases in place, with occupancy costs averaging less than 5.5% of sales, contributing to high profit margins.
Market Outlook
Growth and Expansion: 1. Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. to further increase brand awareness! 2. Huge ongoing growth potential with Delivery, Catering, and 3rd party delivery. Online, 3rd party, and Catering 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: Sellers have successfully operated these stores for 12+ years!
Contact Information
Name: Jeff Percey
Phone: 804-357-3243 (Direct)
Email: [email protected]
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