Tropical Smoothie Cafe – 2 sites – Located on Major College Campus.
Cook County, Illinois, IL
Ad ID : 1566615
Other Food and Restaurants / Juice Bars
- Asking Price:$355,000
- Annual Gross Revenue:$681,700
- Annual EBITDA/Cash Flow:$108,000
Unique opportunity to enter into one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. This business is an established franchise with consistent performance for over 6 years. These stores are being offered for sale for the 1st time! Multi-unit, well established and PROFITABLE, with 4.1% increase in EBITDA 2017 vs. 2016! The sale will consist of 2 open/operational stores.
This sale is not typical. Both Tropical Smoothie Cafe locations are situated on the campus of a Major University. As part of a public research university with 30,000+ students, 15 colleges, a hospital and a health sciences system, you will have a captive audience of customers as well as draw from the surrounding area.
There is a General Manager that oversees both locations and each store has an Assistant Manager and fully trained staff for operating the business.
Tropical Smoothie Café is one of the fastest growing franchise opportunities in the country. With over 700 locations in 44 states, this Healthy Lifestyle brand continues its momentum, opening 59 new Cafes and signing 129 franchise agreements in 2018.
This unique fast casual concept is something you and your family can be proud to own, as you provide better-for-you options for people in your community. You can feel good about serving great-tasting and innovative smoothies, bowls, flatbreads, wraps, and sandwiches. Tropical Smoothie has a balanced mix of food and smoothies, allowing you to capitalize on breakfast, lunch, dinner, dessert, snacks and catering!
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.
Included In Asking Price: Furniture, Fixtures, Equipment.
Not Included In Asking Price: Inventory: $5,000
Year Established: 2011
Facilities: Both Tropical Smoothie Cafes are in university owned/managed buildings and the stores operational hours mirror those of the university. This creates owner-friendly hours of operations and ease of staffing. Additionally, the franchisee is NOT responsible for utilities, trash service, etc. as they are handled by the landlord. Store #1: Tropical Smoothie cafe is visible to all that enter this facility. At peak times, 2-3,000 people per day visit this building. It also houses a 3-story gym w/ basketball / racketball / tennis / volleyball courts, an indoor soccer field, pool with lazy river, a 3-story rock wall and multiple student class and activities rooms. Hours of Operation: M-TH: 9:00 am- 10:00 pm; F: 9:00 am- 8:00 pm; Sa: 10:00 am- 6:00 pm. Store #2: Tropical Smoothie cafe is at the main entrance of the School of Public Health bldg. This 11-story building is in the city's Medical District, less than a block from a major hospital and just down the street from a Medical Center. The building houses several department offices as well as student classrooms, leading to regular clientele of students and faculty! Hours of Operation: M-F: 8:30 am- 4:00 pm.
Growth and Expansion: The stores have been successful with virtually no marketing. --Community Involvement - Fundraising nights & partnerships with school organizations, etc. would be very impactful. --Huge growth potential to expand catering and delivery business both on and off campus!
About the Sale
Support and Training: New Franchisees will also receive up to 3 weeks of training from the Seller and Franchisor.
Reason for Sale: The Sellers are passive owners with other businesses needing their focus.
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: (Mobile) 804-357-3243 / (Office) 410-561-9800 / (Toll Free) 800-279-7569