Prime Location National Franchise Smoothie Shop 001175
Prime location established and recognizable national franchise smoothie shop is now available for acquisition. This business was originally established by the previous owner in 2009 and later acquired by the current owner in 2014. Even before the acquisition, the sales have been growing at a steady pace. Still, since the acquisition and proactive owner involvement, the net sales grew to almost $550,000 in 2021 compared to only $280,000 in 2013, and 2022 is projected to grow an additional 8-10% year over year compared to 2021. Despite the pandemic, the business has enjoyed consistent overall sales growth in the last few years. The net sales in 2019 were $467,238, in 2020 was $490,255, and in 2021 was $545,796. This business is operated in a 1,276 SF retail strip center surrounded by numerous national retail and department stores and national franchise fast-food restaurants, and also conveniently placed directly in front of one of the more premium health clubs in the area. The interior was renovated in 2019 to implement a new brand concept per the franchise's requirement, costing nearly $100,000 and renovation is not necessary until 2029. The storefront is easily visible from the main road due to its convenient location, and the number of well-known stores generates complementary and heavy foot traffic to this business.
This establishment specializes in various custom-made smoothies that cater to individual's preferences and goals, crafted with whole fruits, organic veggies, and nutritional enhancers. The customer base consists of affluent individuals from gym-goers, commuting residents, business employees from the surrounding area, and package delivery drivers who consume the products as meal replacements. There is no proactive marketing in place, as the corporate handles all the local and national marketing. With its recognizable brand, support from the corporate, established customer base, and the slow and steady growth of the city, this business should keep enjoying intrinsic sales growth in the future.
The corporate will provide training at the Dallas Training Center for 2-4 weeks.
In addition, the owner will provide training to smoothly transition into the business operation.
This business operates out of a 1,276 SF retail strip center surrounded by national retail stores, national franchise restaurants, and directly in front of one of the more prominent health clubs. The other surrounding businesses generate immense foot traffic and the storefront is easily visible from the main road.
All the equipment is in excellent condition and the interior was renovated in 2019, costing nearly $100,000 as required by the franchise and the renovation is not necessary until 2029.
The competition is virtually non-existent as this business is the only health-conscious smoothie shop in the area.
All local and national marketing is done by the corporate and the customer base is already established due to its longevity at its location. The owner does not need to be involved in the daily operations but would benefit from the presence by maintaining and establishing relationships with the customer and upselling the products.
The area and city's growth by itself should intrinsically increase the overall sales in the future and the sales have been consistently growing in the several years.
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.