Business Overview

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.

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: $3,099,000
  • Cash Flow: $463,090
  • Gross Revenue: $3,474,185
  • EBITDA: $463,090
  • FF&E: N/A
  • Inventory: $15,000
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:1,300
  • Lot Size:N/A
  • Total Number of Employees:45
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

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!

Is Support & Training Included:

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

Purpose For Selling:

Seller is relocating out of the market.

Opportunities and Growth:

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.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was established in 2015, making the business 7 years old.
The deal doesn't include inventory valued at $15,000*, which ins't included in the suggested price.

The company has 45 employees and is situated in a building with estimated square footage of 1,300 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell companies. However, the true factor vs the one they say to you might be 2 completely different things. As an example, they may state "I have way too many other commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these might simply be reasons to attempt to conceal the reality of changing demographics, increased competition, current decrease in revenues, or a range of various other reasons. This is why it is very vital that you not rely completely on a seller's word, yet rather, utilize the seller's response together with your overall due diligence. This will paint an extra sensible image of the business's existing situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans in order to cover items like supplies, payroll, accounts payable, and so on. Remember that sometimes this can imply that earnings margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that have to be fulfilled or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in brand-new consumers? Many times, businesses have repeat clients, which create the core of their day-to-day earnings. Certain variables such as new competition sprouting up around the location, road building, and also employee turn over can impact repeat customers and negatively affect future revenues. One essential point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the better the possibility to develop a returning client base. A last idea is the basic area demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? How might the local average household earnings effect future revenue potential?