2 Tropical Smoothie Cafes package deal for $500k or individual sale

Orlando, FL (Orange County)

brand new exterior
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Asking Price: $500,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $250,000

Inventory: $6,000

Rent: $4,500 /Month

Established: 2007

2 Tropical Smoothie Cafes package deal for $500k or individual sale

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Business Description

1 brand new state of the art store and 1 well established store.

Owner is having to manage new aspects of the family business so he must sell both locations at this time. The brand new store opened early 2019 and is the most up to date state of the art Tropical Smoothie Cafe in a brand new plaza. The established location has been open for over 10 years as the town staple and continues to trend in the positive direction having it's best year in 2018. It was also recently fully remodeled. The stores are fully staffed with Managers and a GM. All employees work both stores so it is a simple operation to oversee. This area is growing exponentially so the potential is unlimited especially as we move into the catering business as well. This is as simple of a turnkey business as possible.

Detailed Information

Location:
Orlando, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
28
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Both locations have a new lease which has options extending for 20 years. They are fully equipped with brand new and well maintained equipment. All furniture for both the stores is brand new as the older of the 2 stores was recently fully remodeled.
Competition:
The stores are in the prime parts of town. They are situated on the main road that sees over 40k cars per day so the exposure is excellent. We have no direct competitors any where near us and there is no longer room for expansion therefore we are locked in for continued growth.
Growth & Expansion:
This part of Orlando is one of the top growing cities in the nation so sales growth potential is excellent
Support & Training:
Tropical Smoothie does 1 week of training at the corp office followed by a minimum of 1 week per store for a total of 3 weeks of training. Seller will offer to consult for free for 30 days.
Reason for Selling:
Owner is assuming a new role in the family business
Franchise:
This business is an established franchise
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Business Listed By:
John Weissfisch

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