Tropical Smoothie Cafe: $290K+ EBITDA - Proven Location!

New York
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Asking Price:$1,195,000
Gross Revenue:$1,286,040
Established Year:2013
Cash Flow:$290,808
Inventory:$9,000
BUSINESS DESCRIPTION

This is a RARE opportunity to purchase a High-performance location in New York! This store is very PROFITABLE with tremendous future potential. The cafe opened in 2013 and has consistently achieved sales well above the brand’s national average unit volumes. Tropical Smoothie is one of the fastest growing and Industry Leading Fast-Casual franchise systems in the country. This sale consists of one open/operational store. SBA approved franchise - financing is available with as little as 10-15% down, at a time when FRANdata has once again awarded Tropical Smoothie Café the TopScore FUND Award with a score of 920, the highest in the QSR industry, for the third consecutive year!

The store has been refreshed to the Tropical Smoothie Cafe “Beach house” re-imaging standards. The owner makes regular updates, recently adding the latest spec TurboChef ovens and Acai Bowl freezer to keep the café current and ensure an exceptional customer experience! This and every Tropical Smoothie Cafe provides a unique and highly desirable menu, leading the way as a “Healthier lifestyle” franchise brand.

Tropical Smoothie Cafe was founded in 1997 and the first franchise opened in Tallahassee, FL in 1998. Tropical Smoothie is one of the fastest growing franchises in the U.S., as evidenced by more record-breaking years in 2021, 2022 and 2023. The brand delivered its 12th Consecutive Year of Positive Same-Store-Sales Growth, Fueled by Franchisee Growth, New product launches, Digital Enhancements (Digital sales comprise 37% of the brand’s overall sales) and Giveback Efforts ($2.4MM+ donated to No Kid Hungry). In 2023, Tropical Smoothie opened 176 restaurants (14%-unit growth over prior year) and signed 258 new franchise agreements. This has propelled the brand to 1,500+ operating locations. Over 70% of the new openings are with existing franchisees who have proven to be key ambassadors for the ever-growing brand!

This unique fast casual concept is something you will be proud to own, as you provide better-for-you options for people in the community you serve. You can feel good about serving great-tasting and innovative smoothies, bowls, flatbreads, wraps, and sandwiches, including pressed sandwiches. Tropical Smoothie has a balanced mix of food and smoothies, allowing you to capitalize on breakfast, lunch, dinner, dessert, snacks, catering, pick-up, and delivery!

Interested in additional Information?
1) Complete the Confidentiality Form to be provided by the Broker.
2) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you with specific data for this business opportunity.


DETAILED INFORMATION
Location
New York
Inventory
Not Included in asking price
Employees
17
Facilities
This high-volume Tropical Smoothie Café is situated at the retail focal point of the market, serving customers from large medical centers /hospital systems, schools, car dealerships, significant businesses, and residential communities. It is amidst a fitness mecca (surrounded by Planet Fitness, Crunch, Blink, Orange Theory, Ultimate Gym, East Coast MMA, F45, and a major Athletic Center. This Tropical Smoothie Cafe is a local favorite, with a regional draw and unlimited parking!
Growth & Expansion
1. Increased Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. would be very impactful and further increase brand awareness! 2. Huge growth potential with Delivery and Catering: Seller launched 3rd party delivery and both On-line and 3rd party sales continue to grow. This will be upside for the Buyer.
Support & Training
3 weeks of comprehensive training provided by the Franchisor, ensuring you are ready to own this successful Tropical Smoothie Cafe franchise.
Reason for Selling
Seller is retiring
Franchise
This business is an established franchise
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Jeff
Percey
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Jeff Percey