Business Overview:
This Smoothie Cafe offers customers a variety of premium, handcrafted smoothies made with select fruit and vegetables blended fresh in the Cafe using proprietary recipes, as well as specialty sandwiches, flatbreads, wraps, and bowls. In 2021, Franchise 500 ranked this Smoothie Café #14 overall, and #1 in Smoothie/Juice category. The initial investment to build-out and start this franchise was approximately $209,000. The Café configuration has been recently updated, so there would be no expense in this category for many years. The owners took over the business in 2019, just shortly before the pandemic. In 2020, the shutdowns in Pennsylvania impacted business revenues, which have increased over the past year and are approaching pre-pandemic levels.
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Property Features and Assets:
The Café is situated in a busy, suburban strip center just a short distance from a college campus. The facility is 2,012 sq. ft., and the lease is assumable. The franchise location and building meet the requirements established by the franchisor. The upscale men's and women's clothing shops and other businesses in the strip center attract customers to the Cafe.
Assets = $55,800
Market Competition and Expansion:
The current trend in food consumption is to opt for a nutritious, healthy meal on the way to youth activities, community events and business meetings. Smoothie Restaurants continue to lead the marketplace in providing nutritious healthy meals and smoothies. The Restaurant environment attracts families, students, health-conscious consumers, etc. with the availability of free Wi-Fi. It is located near 2 colleges, several high schools, and a large medical facility. As a result, traffic in the Restaurant is consistent throughout the day. The Cafe is conveniently located near an interstate highway and therefore attracts the out-of-town customer driving through the area as well.
The Cafe is advertised nationally and locally via a website. This convenient marketing plan has greatly reduced the need for the owner to advertise, however, a targeted local marketing campaign would increase business exposure and likely have a positive impact on sales. The Café also has a growing catering business.
Reason for Selling:
Operating owner seeks new opportunity.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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