Business Overview:
This Newport Beach area juice and smoothie franchise presents a working owner the ideal opportunity to get into an established location at a small fraction of the build-out and territory cost! While hit by the economic downturn, this well-established location is well positioned to present the party that purchases at this rock bottom price the opportunity to ride the road to recovery with a minimum of investment risk.
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:
This prominently located 1,100 square foot facility with parking regularly leases for $2,750 per month, but is enjoying a temporary reduction to $1,719 per month. The lease is valid until December 2015, with options to be negotiated. The sale includes all of the business’s assets including four blenders, a cooling fridge, a walk-in fridge, two registers, an ice machine, a dry storage area and customer seating for up to 8 patrons. Franchisee and territory transfer expenses, which are typically in the $10,000 range, are not anticipated to be included at this sale price.
Market Competition and Expansion:
This franchise faces competition from the other major brands, however it occupies a prominent location in a busy business area with fantastic freeway access. As such, it does dominant the market in its immediate vicinity.
As business has suffered due to nearby business vacancies and the overall economic downturn, this business is positioned to increase as nearby occupancy rates improve and as there is more discretionary spending in the market. With a working owner, the business is positioned for a short-term payoff if economic conditions remain flat, but and even faster payoff shall any improvements occur in the immediate vicinity.
Reason for Selling:
Personal
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: