Sale PENDING: Tropical Smoothie Cafe: $157K+ EBITDA!
Ad ID : 1740994
Other Food and Restaurants / Deli and Sandwich Shops
- Asking Price:$499,000
- Annual Gross Revenue:$1,052,000
- Annual EBITDA/Cash Flow:$157,000
This is a RARE opportunity to purchase a High-performance Drive-thru location. This new store is very PROFITABLE with tremendous ongoing growth potential. The store opened in 2019, is the 1st store in its market, and has sales far above the brand’s national average unit volumes. Tropical Smoothie is one of the fastest-growing and Industry Leading Fast-Casual franchise systems in the country. The sale consists of 1 open/operational cafe that is ripe for continued growth with a new owner.
This store employs a seasoned General Manager, Shift Supervisor, Crew Leaders, 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.
Year Established: 2019
Facilities: The store is essentially brand-new, was built to the brand's most recent “Beach house” specifications, and exudes a relaxed coastal atmosphere designed to enhance the consumer experience. It has a high-traffic Drive-thru that generates 51.61% of the store’s total sales. This and every Tropical Smoothie Cafe provide a menu offering that is unique and highly desirable, leading the way as a “Healthier-lifestyle” franchise brand. The facilities and equipment are immaculate & well-maintained, and the teams provide exceptional hospitality!
Growth and Expansion: -- Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. have proven very impactful and will drive new future sales! -- Huge growth potential with Delivery and Catering: Seller has recently launched 3rd party delivery with Grubhub, UberEats, and Doordash. This will be excellent upside for Buyer. -- Catering! – Densely populated market w/ Neighboring Medical Campus, huge industrial parks and tons of opportunities for future and repeat catering partnerships! The seller has already established several recurring Catering orders as a solid foundation for growth by 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: Personal - Contact Broker.
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: (Mobile) 804-357-3243 / (Office) 410-561-9800 / (Toll Free) 800-279-7569