Tropical Smoothie Cafes w/ $463K+ of cashflow, includes Real Estate! -

Tropical Smoothie Cafes w/ $463K+ of cashflow, includes Real Estate!

New York, NY

Ad ID : 1895528

Business Type

Smoothie / Other Food and Restaurants / Delis and Sandwich Shops

Listing Details

Asking Price:$3,099,000
Annual Gross Revenue:$3,474,185
Annual EBITDA/Cash Flow:$463,090

Summary Description

Extraordinary opportunity to purchase a high-volume and very profitable multi-store Tropical Smoothie Café network, including a premier Drive-thru location with Real Estate. These stores are being offered for sale for the 1st time and are a rare find in the Northeast! The Cafes are in ideal proximity to each other and easy to manage.

Tropical Smoothie Cafe is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. Multi-unit, proven and HIGHLY PROFITABLE, with ~$463K+ in projected EBITDA to a new owner — This sale will consist of 3 open/operational stores. Financing available on the Businesses and Real Estate with as little as 10-15% down, at a time when FRANdata just named Tropical Smoothie Café the “Most Lender-Friendly Restaurant Franchise” in the U.S.

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 another record-breaking year in 2020. Tropical Smoothie Cafe delivered its ninth consecutive year of positive same-store sales. The brand opened its 1000th cafe on September 17th, 2021. This milestone comes at a time when the company is experiencing record growth and is on pace to open 130 new franchised locations in 2021. So far this year, Tropical Smoothie Cafe has signed agreements for an additional 249 future franchised locations, adding to an already extensive pipeline of future commitments.

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: 2015

Facilities: All stores were built per the current Tropical Smoothie Cafe “Beach house” specifications, or have been kept current, 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 Drive-thru location has tremendous visibility and accessibility. The two in-line stores are in high-traffic centers with strong co-tenancy and regional draw from the surrounding areas!

Real Estate: 1400000

Building Sq.Ft.: 1300

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. 3) New owner is in prime position to open/acquire future stores in this market.

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 relocating out of the market.

Attached Documents:

Confidentiality Form

Contact Information

Name: Jeff Percey

Phone: (Direct) 804-357-3243

Email: [email protected]