Business Overview

Rare Find! Exceptional opportunity to purchase a High-Volume and very profitable Tropical Smoothie Café franchise. This is a Top-Performing location for the entire region and is being offered for sale for the 1st time! Tropical Smoothie Cafe is one of the fastest growing and industry leading Fast-Casual franchise systems in the country. This is a proven and HIGHLY PROFITABLE Cafe, with ~$490K+ of EBITDA to a new owner operator. The sale will consist of 1 open/operational store that has seen year-over-year sales increases every year since opening!

SBA approved; Financing available on the Business 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 more record-breaking years in 2020 and 2021. Tropical Smoothie Cafe delivered its tenth consecutive year of positive same-store sales. The brand opened its 1000th cafe on September 17th, 2021. This milestone was achieved as the company is experiencing record growth with the opening of 130 new franchised locations in 2021. Tropical Smoothie Cafe also signed agreements for an additional 249 future franchised locations, adding to an already extensive pipeline of future commitments.

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, 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.

You may also download the Confidentiality Form from our website at www.AtlanticBusinessBrokerage.com, where you can also view similar businesses for sale in your area.

Financial

  • Asking Price: $1,599,000
  • Cash Flow: $489,293
  • Gross Revenue: $1,740,109
  • EBITDA: $489,293
  • FF&E: N/A
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:20
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This premier Tropical Smoothie Café is in a high-traffic center, with ideal co-tenancy, and walking distance from one of the largest universities in NC. It has a local, regional, and campus draw plus excellent visibility and parking. The store is at the retail focal point of the market, also benefiting from tremendous new growth and development. The store and equipment are immaculate & well-maintained! There is a fantastic lease in place, with multiple renewal options – occupancy costs are 4.1% of sales, contributing to high profit margins.

Is Support & Training Included:

3 weeks of comprehensive training provided by the Franchisor, ensuring you are ready to own this successful Tropical Smoothie Cafe franchise.

Purpose For Selling:

Seller is pursuing other business ventures. Broker can provide details.

Opportunities and Growth:

1) University classes were on-line in 2021 due to Covid. The student population returned for in-person classes in January 2022. This is a huge increase in customers vs. 2021, within walking distance of the store! 2) Return to normal operational hours. The store operated at reduced hours throughout 2020 & 2021. 3) 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.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was founded in 2017, making the business 5 years old.
The sale doesn't include inventory valued at $5,000*, which ins't included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell businesses. Nevertheless, the genuine reason and the one they say to you may be 2 entirely different things. As an example, they may say "I have too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competition, current reduction in revenues, or a variety of various other factors. This is why it is extremely important that you not depend completely on a vendor's word, however rather, make use of the seller's response together with your overall due diligence. This will paint an extra reasonable image of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many businesses borrow money in order to cover points like stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can suggest that earnings margins are too thin. Numerous businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new clients? Most times, businesses have repeat consumers, which develop the core of their daily profits. Specific factors such as new competitors growing up around the location, roadway building, and personnel turnover can affect repeat consumers as well as negatively impact future revenues. One vital point to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business often, the higher the possibility to develop a returning customer base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Exactly how might the local typical house income impact future revenue potential?