Owner Financing is Available!
Business Overview:
National Smoothie Cafe Franchise that serves healthy, freshly prepared breakfast food, sandwiches, wraps, salads, soups and its line of fresh fruit Smoothies. The franchise has over 300 units in over 35 states. In a down economy the entire franchise has shown growth in 2008-2010 ranging from 18-22% per year.
This store is in a prime, high trafficked location right off a major freeway (I-66) and highway (Rt. 340) surrounded by major retailers and businesses generating lots of foot traffic. It has been in operation since 2008 and is showing a constant increase in sales, ranging from 18-24% per year, beating out the franchise average. The store also offers catering and that side of the business is growing quickly with the major distributing companies within a couple miles. The store has increased their visibility in the area with promotional events with the local schools. The area is quickly developing as there is another huge shopping center with Big Anchor Stores across the street and another phase is in the works to include a shopping mall and a movie theater. There was lots of love and attention put into this store and the customer reviews prove it was worth it!
It costs over $325k to start a store from scratch, for $350k your getting a store that is already profitable and is basically new. This is the perfect opportunity for an owner operator or even an absentee owner looking to buy a national franchise that has a history of profitability and can easily be expanded adding additional locations as the Franchise is growing and is a SBA Loan Favorite. The owners are moving out of state and are motivated to sell to the right buyer at a great price, don't let this opportunity pass you by it won't last long!
For more information contact Dustin Zeher at 571-437-5135 or via email at dustin@horizonbrokers.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,600 square feet space is leased for approx $4400/mo. The Shopping Center is only 5 years old very well kept. There is ample parking in front and back of the business. There are 7 years remaining on the current lease term, a new tenant may be able to negotiate new longer terms. The business comes completely furnished and equipped with additional equipment that was not purchased with original equipment order. The business is beautiful from front to back!
FF&E of $80,000 is included in the asking price.
Support/Training: The Franchise is very supportive, they have an area developer that offers training and support whenever needed. Sellers will also be providing transitional training and support with the sale and will also be available to answer any questions or concerns after wards.
Market Competition and Expansion:
Competition: There is limited fast casual food competition in the Shopping Center. The Shopping Center is supported by Major Anchors such as Walmart and Lowes and attract lots of business from other well known corporate stores and restaurants.
Growth/Expansion: Greatest opportunity for growth is increasing marketing and advertising to promote catering which will also add to walk-in traffic. The franchise is still growing so adding additional locations in the area would increase brand recognition and allow an owner to put area managers in place and earn a great income.
Reason for Selling:
Moving out of State, growing family.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: