Business Overview:
Income to Owner/two locations $113,487 combined and combined Revenue of $561,837 You can buy both locations of this business for $390,000, or own the Hillsborough/Tampa location established 3 ½ years for $165,000 separately or the Pinellas county location established 6 years for $225,000. Part of a leading national Smoothie franchise chain both stores are located in high traffic malls with well known anchor stores and a multiple of variety stores. Excellent signage aids in high customer visibility. New Owner/Operator can immediately increase earnings through not using paid managers to operate stores. The Franchisor is active in the support and success or it franchisees, very hands on. Both stores have been recently upgraded with a capital investment of $100,000. All new yogurt machines have been installed in both locations adding to quality and efficiency of operations. Catering to the health conscience serving the highest quality smoothies and yogurt made with the freshest and most high performance foods. Strong community involvement with surrounding schools catering for school functions increases goodwill throughout the community creating a loyal customer base of local families, students and business people.
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:
Assets
• FF&E: value is approximately $350,000. A complete FF&E list is available for a qualified buyer who has signed a confidentiality non-disclosure agreement with Business Ventures of Tampa Bay Inc.
Lease
• Both stores operate from 1,100 sq. ft. of a leased facility located in high traffic malls with major anchor stores and a multiple of other variety stores.
Location Hillsborough/Tampa Pinellas
Base Rent: $3,200 $3,800
At Same Location: 3 ½ Years 6 ½ years
Lease Options: Store has Lease Option Store has Lease Option
Escalators: Every 5 years Every 5 years
Repairs: Responsible for all interior repairs Responsible for all interior repairs.
Market Competition and Expansion:
The business advertises throughout the local community through billboard ads on 6 bus benches per each store located in highly visible traffic area, street marketing, local newspaper ads, Groupon internet deals, and local school events, also attracting customers from mall traffic both walk-in and drive-bys.
Reason for Selling:
Moving
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: