Tropical Smoothie Cafe: $1.1MM+ EBITDA; Multi-Unit. Sale Pending
Florida, FL
Ad ID : 2067371
Business Type
Smoothie / Other Food and Restaurants / Delis and Sandwich Shops
Listing Details
- Asking Price:$5,259,000
- Annual Gross Revenue:$7,819,491
- Annual EBITDA/Cash Flow:$1,106,802
Summary Description
Rare opportunity to purchase a PROVEN, PROFITABLE, and consistently performing multi-store Tropical Smoothie Café network! This package includes some of the original Tropical Smoothie Cafe locations in FL, successfully operating since 2000! Now Tropical Smoothie is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. The sale will consist of multiple open/operational stores, ripe for more growth and continued success with a new owner. SBA approved franchise – financing is available with as little as 10% down, at a time when FRANdata recently named Tropical Smoothie Café the “Most Lender-Friendly Restaurant Franchise” in the U.S.
Each Cafe has been refreshed to the Tropical Smoothie Cafe “Beach house” re-imaging standards, including recent upgrades to the SynergySuite platform and PAR Brink POS. These restaurants have a loyal customer base and tremendous ongoing growth potential in the communities they serve. They are in manageable proximity to each other, allowing for an easy ownership transition of this TURNKEY Multi-store operation.
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. TSC opened its 1,100th cafe in June of 2022. This milestone was achieved as the company experienced record growth, with franchisees opening 158 new locations throughout the year! Tropical Smoothie Cafe also signed agreements for an additional 258 franchised locations, 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: $50,000
Year Established: 2000
Facilities: Strong markets & Territories…These stores serve customers from multiple medical centers and hospitals along with schools, car dealerships, universities, businesses, and residential communities. They provide a menu offering that is unique and highly desirable, leading the way as a “Healthier-lifestyle” franchise brand. The owner is proactive in upgrading to new equipment and has kept immaculate books and records. The cafes are in high-traffic centers with fantastic leases in place -- Occupancy costs are as low as 3.42% 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 and relocating out of market. Broker can provide additional details.
Contact Information
Name: Jeff Percey
Phone: 804-357-3243 (Direct)
Email: [email protected]
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