Business Overview:
One of the best Premium Malls in America owned and managed by Simon Properties. This listing has been owned and operated by the same owner/operators, for the past 25 year (since FY 1996). This property began with a singular concept of Surf City Squeeze and flourished as a singular concept for many years. As time advanced and completion for Smoothie Bar became essential, the owners expanded the theme to co-brands including Kahala Coffee Traders, and 'It's Fresh. The current and established co-brand is a Surf City Squeeze and a co-brand of It's Fresh. The SCS is a franchise with a transferable fee for the franchise SCS) and the It's Fresh concept which is a dba of the original owner and completely transferable (recipes and all). The new lease has just been finalized and is authorized for a 2 year term and negotiable thereafter. The price per foot is exceptional and something you do not want to miss. The entire unit is: 'Turn Key' and ready to go. No additions needed. Everything you need, including a 'training period' and transfer fee for the franchise itself may be included. (Excludes Ice Cream Machines) 150 Amp electric box.
This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 000121219-111620-020221
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Reason for Selling:
Reorganization of Family Business
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
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