Fast Growing Soda and Sandwich Shop with Drive-Thr

Not Disclosed, UT
Salt Lake County

Asking Price: Annual Revenue:
$99,000 $130,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fast Growing Soda and Sandwich Shop with Drive-Thr Broker: Arthur Warsoff
Owner Financing is Available!

Quick Facts

Asking Price: $99,000
Annual Revenue: $130,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 6
BBN Listing #: 42250336
Broker Reference #: 15541-532036

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Business Overview:

PRICE DROP! This cheerful fun-loving neighborhood hangout features soda and smoothie drinks, fresh baked sub sandwiches, and delicious treats in a casual setting. This business is located near a highway exit, along a major morning commuting route, and in walking distance to a high school. Two drive-thru windows provide quick service to commuters. Teenagers and local families are encouraged to hang-out and play board games, which are provided at no cost. The flavored drinks operate under a franchise agreement, and the sub products are part of a licensing agreement with exclusive rights for all of Salt Lake County.

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Property Features and Assets:

The business began in 2017 and the current owner bought the drinks and treats business in November 2018. In July 2019, they added the fresh baked subs which will significantly increase average ticket size and provide greater choices for customers. Sales have been increasing month over month, and with the addition of the subs, cash flow will should turn positive by September 2019, when school reopens. The owner lives out of state and relies on the manager and staff to address all day-to-day operations.

Market Competition and Expansion:

While there are other flavored soda shops in Utah, this is the only such shop in this neighborhood. This neighborhood is becoming more vibrant with new multifamily housing and a nearby high school, but it still lacks many food options. The new strip center where this business is located also features several other dining options, and was developed to serve as a local community gathering point. Significant growth will result from increased awareness by commuters and locals of this business and the location, organic growth as the number of local residents increase, and the addition of new food options based on customer preferences. The business is located close to nearby offices and offers catering services and food delivery options.

Reason for Selling:

Other venture

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 not a franchise resale opportunity.

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