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Under Contract: Tropical Smoothie Cafe – Multi-Unit! w/ $365K+

Virginia, VA

Ad ID : 1844840

Business Type

Smoothie / Other Food and Restaurants / Delis and Sandwich Shops

Listing Details

  • Asking Price:$1,499,000
  • Annual Gross Revenue:$2,205,487
  • Annual EBITDA/Cash Flow:$364,597

Summary Description

Extraordinary opportunity to purchase a high-volume and very profitable multi-store Tropical Smoothie Café network, with excellent growth potential. These stores are being offered together for sale for the 1st time and are a rare find in the Mid-Atlantic! The Sellers were trailblazers for Tropical Smoothie in Virginia and have recognized tremendous success throughout their market. These are long-standing and proven Tropical Smoothie Cafe locations that have successfully operated since 2007 and are well established in the communities they serve.

Tropical Smoothie is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. Multi-unit, proven and HIGHLY PROFITABLE, with ~$365k in EBITDA to a new owner — This sale will consist of 3 open/operational stores. SBA approved; financing is available with as little as 10% from Buyer.

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., as evidenced by another record-breaking year in 2020. Tropical Smoothie Cafe delivered its ninth consecutive year of positive same-store sales. The brand opened 99 new cafes, including its 900th location in Fort Benning, Georgia. Further, the brand signed 254 new franchise agreements, 70 percent of which came from existing franchisees, and is on track to reach more than 1,000 operating restaurants in 2021.

This is a unique fast-casual concept that 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) 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.

General Information

Included In Asking Price: Furniture, Fixtures, Equipment.

Not Included In Asking Price: Inventory: $15,000

Year Established: 2007

Facilities: All stores have been fully “refreshed” or were built per the Tropical Smoothie Cafe “Beach house” re-imaging standards, and exude a relaxed coastal atmosphere designed to enhance the consumer experience. They 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 owner has kept accurate books and records. The stores are in high-traffic centers with strong co-tenancy and regional draw from the surrounding areas, plus excellent visibility and access!

Real Estate: VA

Market Outlook

Growth and Expansion: Several unique opportunities for new ownership to grow the business, revenues, and profits. Please ask broker.

About the Sale

Support and Training: 3 weeks of comprehensive training provided by the Franchisor, ensuring you are ready to own these already successful Tropical Smoothie Cafe franchises.

Reason for Sale: Seller is retiring.

Attached Documents:

Confidentiality Form

Contact Information

Name: Jeff Percey

Phone: (Direct) 804-357-3243

Email: [email protected]