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Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $270,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $60,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 4 | |
BBN Listing #: | 650649686 | |
Broker Reference #: | 3258 |
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Business Overview:
Established juice bar. Great branding for a juice bar. Clean and colorful with and very inviting appearance. Inside is very vibrant with a great display of different fruits and smoothies being offered. Displaying popular, tropical, and healthy options such as Acai. Appears as a franchise but it is independently owned. Name, design, and concept were created by the owners. 2 owners, one owner is active in the operation and the other focuses on marketing. Good set up area in front and a large prep area in the back with a lot of room for storage. Walk-in cooler with freezer combo.
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Property Features and Assets:
High-end and busy area, this juice bar attracts tourists and a lot of high-end customers. Celebrities have visited and enjoyed a healthy drink while in the area. Office buildings, hotels and high-rise apartments surround the business. One high rise apartment building is in its final stages of completion. The owner expects this to help the business as they do get a lot of local customers that have become very loyal to the business. There are no other juice bars in the area. Competition is scarce and the area gets very busy. The signage is excellent. A huge sign is on the corner top of the building that can be seen from far.
Market Competition and Expansion:
Owners have done very little advertisement to gain new customers. Good for a new owner to take advantage of their existing social media following and expand on advertising efforts to increase sales.
Reason for Selling:
Burned out after covid.
Additional Details:
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