V-AID Business Investment Advises Ayaan Enterprises, LLC on Sale of Smoothie King Garland to HSD Garland Group, LLC.
Garland – V-AID Business Investment is pleased to announce the sale of Smoothie King Garland to HSD Garland Group, LLC. Smoothie King Garland is in a 1,276 SF retail strip center at 5129 N. Garland Ave. Garland, Texas 75040.
Smoothie King Garland was established in 2009 and acquired by Ayaan Enterprises, LLC in 2014. The customer base consists of upper to higher-income wide demographics. A good portion of the customers is from the gym-goers in the immediate vicinity of the business, package delivery service drivers as their meal replacement, patrons from the local businesses, and from the surrounding residential neighborhood. With the owner’s active involvement, the sales and the cash flow more than doubled since the acquisition.
Kevin Chung with V-AID Business Investment, as an exclusive agent for Smoothie King Garland, provided sell-side advisory services for Ayaan Enterprises, LLC. from business valuation, marketing, and negotiating the sale to transfer of business. V-AID Business Investment is a fully-fledged business brokerage and M&A advisory firm that assists business owner to sell their business for the maximum value while finding the right buyer who can continue to grow the business.
“Our company has sold this business twice within a 10-year period. The previous owner acquired the business several years ago and completely revamped the business and sales by being heavily involved in the day-to-day operations and more than doubled the cash flow. The business was sold for more than three times the price he originally paid for, and also just in time for him to move back to his home for a new venture. This global franchise business was heavily inquired and sought after and was eventually acquired by a qualified and enthusiastic buyer. The franchise and landlord approval process were seamless, as our company sustained healthy relationships with the lenders in the past to provide the best terms for the buyer and by effectively communicating and negotiating with the landlord to provide the best lease terms,” said Kevin Chung, Vice President of Business Brokerage at V-AID Business Investment in Dallas.
About Smoothie King
Smoothie King was founded by Steve and Cindy Kuhnau, at Kenner, Louisiana. By blending a combination of fruits, vegetables, and other nutrients and proteins, the first Smoothies With A Purpose was created in 1973. With a mission statement “Inspire people to live a healthy and active lifestyle,” and a vision “To be an integral part of every health and fitness journey.” Smoothie King opened its first franchise location in 1989 and has since grown to dominate the healthy beverage and smoothie market on a global scale with over 1,400 stores and an average unit volume of $907,346. Smoothie King has also won numerous awards including, Entrepreneur magazine’s #1 Juice Bar Franchise for 27 years, Winner of the Franchise Times Zor Awards 2022, Best Franchises to Buy, #13 in Entrepreneur Magazine’s 2022 Franchise 500 and ranked as one of the Fastest Growing Franchises, Top Franchises Satisfaction Award for 2022 from Franchise Business Review, and #1 in Nation’s Restaurant News’ 2016 Consumer Pick in the Limited-Service Restaurants Beverage category.
Since 2001, V-AID Group, a team of resilient business brokers and M&A advisors in Dallas TX, has been specializing in selling small to mid-size businesses in the main street to the lower middle market. V-AID’s experienced team of experts has a proven strategy that will ensure strict confidentiality, a streamlined selling process, and the maximum value for the business. With deep expertise accumulated from hundreds of done deals, V-AID delivers superior results by providing clients with strategic planning and creative solutions tailored to each transaction. Combining V-AID’s proprietary database of buyer networks and industry-leading marketing, V-AID offers a proven selling method that has been the solution to a value-added exit for hundreds of business owners with a completion of 590 transactions totaling over 129 Million Dollars and continuing.