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New Operating Franchise Smoothie Shop plus 2 Territories
NCListing DetailsOffice ID: SMOOTHIE1
Status: Active
Listing Broker: George Bradbury
Listing Price: $250,000
Gross Revenue: $360,000
Cash Flow: $20,000
12 Month Forecast: $400,000
Forecasted Cash Flow: $74,000
Inventory: $5,000
Inventory Included: Yes
FF&E: $47,000
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:

The owner is having some health problems.

Training:

The owners will work with a buyer for up to 80 hours of training over a period of 30 days to make a smooth transition.  The buyer will also attend a one week training conducted by the franchisor.

 
OperationsYear Established: 2021
Form of Ownership: LLC
Employees (part-time): 9
Managers: 1
Business Hours: Mon-Sun 9 to8
Summary

Business Description:

This newly-opened smoothie franchise offers a unique opportunity for the right buyer.   This business is poised take advantage of all the hard work and infrastructure that has been put in place.  This Wake county location along with the two other contiguous territories will allow the buyer to control their market for this brand.  The current shop has had impressive sales for a new operation. Currently the they offer a wide variety of Acai bowls and smoothies. 

Historical Summary:

The history of this franchise is impressive.  Starting in 2017 this franchise has grown rapidly to over 50 operating locations.  They did it by keeping things simple!  Keeping the ingredients list small thereby allowing the franchisee to focus on purchasing, inventory and quality control.  Keeping simple allows their average store to do almost $600,000 in annual sales volume.

Owner Qualifications:

Passion for healthy foods. Product knowledge. General accounting - business experience/marketing/finance.

Competition:

There are many alternatives to get a smoothie. 

Potential Growth:

This business is poised to grow fast as the buyer opens the 2 additional units in their protected territory.
LocationType of Location: Strip Center
Lease Expires: Dec 1, 2025
Option: 1 (5) year
Lease Security: $7,862
Monthly Rent: $2,069
Monthly Common Area Maintenance: $645
Square Footage: 955

Facilities:

Located in Wake County located in an upscale new retail strip center, near many related businesses.


Franchise Renewal Date: Aug 1, 2029
Royalty %: 5
Avert Co-op %: 1
Franchise Transfer Fee: $15,000
--Paid By: Seller
Training Fee: $2,000
--Paid By: Buyer
Last Updated: Jul 30, 2021 / 3:41 AM
Financial Information Current As Of: Jul 26, 2021 / 9:29 AM