$135K+ EBITDA, plus a 2nd Brand New store & Development rights!
Ad ID : 1732519
- Asking Price:$839,000
Unique opportunity to purchase an established and PROFITABLE Tropical Smoothie Café franchise, along with a 2nd BRAND NEW location that opened at the end of 2019. Tropical Smoothie is one of the fastest-growing and Industry Leading Fast-Casual franchise systems in the country. The sale consists of 2 open/operational stores plus the opportunity to establish 4 additional sites within the Development Territory. These rights have been prepaid. The stores are in ideal proximity to each other and the large Development area is ripe for growth with a new owner.
These stores employ a General Manager, shift supervisors, and fully-trained staff. This will allow for an easy transition of ownership.
Tropical Smoothie Cafe was founded in 1997 and the first franchise opened in Tallahassee, FL in 1998. Tropical Smoothie is now one of the fastest-growing franchises in the U.S. With over 830 locations in 44 states, this Healthy Lifestyle brand continues its momentum. In 2019, the brand opened 124 cafes and signed 213 franchise agreements, with more than 60% of those agreements coming from its existing franchisees. Tropical Smoothie Café finished 2019 reporting its eighth consecutive year of same-store sales growth.
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 and delivery!
As a result of its rapid expansion and success achieved, Tropical Smoothie Cafe was recognized amongst Fast Casual’s Top 100 Movers and Shakers, Nation’s Restaurant News’ Top 200 and Top 10 Fastest-Growing Chains, Franchise Times’ Fast and Serious, as well as Entrepreneur’s Best Franchises for Any Budget lists in 2019.
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.
Facilities: The first location has been fully re-imaged/refreshed and the brand-new store was built to the brands “Beach house” specifications. Both exude a relaxed coastal atmosphere designed to enhance the consumer experience. These stores provide a menu offering that is unique and highly desirable, leading the way as a “Healthier-lifestyle” franchise brand. The stores and equipment are immaculate & well-maintained, and the teams provides exceptional hospitality!
Growth and Expansion: --Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams and other organizations, etc. would be very impactful and further increase sales! --Huge growth potential with Delivery and Catering: Seller has launched 3rd party delivery with several providers and this will be all upside for Buyer. --There is an untapped catering market – Densely populated business market and tons of car dealerships – Seller has not proactively pursued, and this could be a huge revenue stream for the new owner.
About the Sale
Support and Training: New Franchisee will receive up to 3 weeks of training from the Seller and Franchisor.
Reason for Sale: Seller has other businesses that require his attention.
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: (Mobile) 804-357-3243 / (Office) 410-561-9800 / (Toll Free) 800-279-7569