Kale Me Crazy Two-Unit Juice Bar Franchises

Atlanta, GA
Fulton County

Midtown & Vinings


Asking Price: Annual Revenue:
$624,000 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert


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RE: Kale Me Crazy Two-Unit Juice Bar Franchises Broker: Steve Josovitz
License #: 164878

Quick Facts

Asking Price: $624,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: GA
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 170029193
Broker Reference #: 2080

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Business Overview:

Kale Me Crazy 2-Unit Midtown Atlanta & Vinings Juice Bar Franchises for Sale – Very Profitable – Great Books – Buy Both or Individually – Perfect for Absentee Owner Investor - Attractive New Pricing

(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

NAME/CONCEPT:
Kale Me Crazy, is a fast growing superfood cafe and juice bar franchise. We promote healthy living through organic and natural foods. We serve wraps, salads, Acai bowls, cold pressed juices and cleanses, delicious smoothies, and energy shots. Check out our catering for your next meeting, special event or sports outing. Our motto says it all, ” Healthy habits start here.”

Two of four Partners are absentee Owners and Investors only.
Forth Partner operates business and alternates between locations in addition to each unit having its own Manager and incredible Staff.

Unit One: Ulfberht LLC dba Kale Me Crazy 100 6th Street NE, Ste. 130, Atlanta, GA 30308 (Midtown)

Unit Two: Maenads LLC dba Kale Me Crazy 3205 Cumberland Blvd. SE, Ste. 101, Atlanta, GA 30339 (Vinings)

SIZE/TYPE:
Unit One: 972 SF – commercial space – Skyhouse South luxury apartment high-rise

Unit Two: 1,076 SF – commercial space – Modera Vinings apartment mid-rise

RENTAL RATE/TERMS/OPTIONS:
Unit One: $2,500 (varies – includes water, trash) 5 year (2015) 5 year option

Unit Two: $4,122 (includes storage unit, doesn’t include gas, water, trash) 5 year (2018) 5 year option

OPERATING HISTORY:
Unit One: October 22, 2015
Unit Two: January 16, 2019

VOLUME/NET:
Unit One:
2018 Gross Sales: 749,534.01
2018 Adjusted Net Profit: $166,384.93

$18K (50/50 split) Q1 payout

$18K (50/50 split) Q2 payout

$20K (50/50 split) Q3 payout

No payout for Q4 as Ulfberht/KMCM was carrying KMCV staff, etc. because of construction/LL delays. Maenads paid back (mostly) monies to Ulfberht out of TI Allowance in 2019.

2019 Sales and Profit are on track to be higher than 2018.

Unit Two:
Gross Sales for 2019 YTD September 30 was $302,437.51.

Adjusted Net Profit YTD September 30 was $127,566.03.

Projected Net Profit is $196,457.30 on projected Gross Sales of $399,217.51

HOURS OF OPERATION:
Unit One: Monday – Friday 7AM – 8PM, Saturday 9AM – 8PM, Sunday 9AM – 6PM

Unit Two: Monday – Friday 7AM – 8PM, Saturday 9AM – 8PM, Sunday 9AM – 6PM

SELLING PRICE/TERMS:
Unit One: $325,000
Unit Two: $299,000

Buy individually or both.

COMMENTS:
Unit One:
Salaries/staff breakdown – see broker website.

Utilities:
ConService (water, gas, trash, service fee) between $300 to $350 month

Georgia Power – between $560 and $725 month

Debts/Expenses – see attached

Weekly Royalty 6% + 1% marketing fee

Franchise Transfer fee (to be paid by buyer) – 25% of franchise fee charged at the time of purchase for corporate training

Franchisor had no liquidity requirements.

Unit Two:
Salaries/staff breakdown – see broker website.

Utilities:
Water included in monthly rent charge
GA Power between $650 -785 monthly
Debts/Expenses – see attached

Issues:
Cumberland Residential arrears (May 2019)

Edward Don arrears (May 2019)

Repayment Ulfberht (August 2019)

Weekly Royalty 6% + 1% marketing fee

Franchise Transfer fee (to be paid by buyer) – 25% of franchise fee charged at the time of purchase for corporate training

Franchisor had no liquidity requirements.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

See Description of Business.

Market Competition and Expansion:

Ask business broker.

Reason for Selling:

Other interests.

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.

Relevant Links:

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