MergerPlace

Smoothie Juice Bar with Two Profitable L

Florida (Martin)


  • Asking Price: $229,000
  • Gross Income: $601,023
  • Cash Flow: $61,431
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $3,500
  • Listing ID: #224830
  • Established: 2016
  • Employees: 6

Business Description

Two beautifully designed Smoothie/Juice Bars now available. Specializes in Acai Bowls, Smoothies/Juice, and other healthy food options. Sales have increased each month. Previously was a '3 Natives' franchise, converted to 'City Beets' in 2019. Price includes 2 Martin County locations w/ $300,000 in combined build-outs. Great staff in place and ready for the next owner to take the business to the next level. Business doing well in COVID environment. Includes updated equipment in both stores valued at over $35k. Very loyal customer base. In 2018, 1 store did over $770,000 in sales (as a 3 Natives). Family issues forcing the sale. Below numbers are through Nov. 2020. Please refer to listing number 7301857882, business broker David Ballou 5616703325 when inquiring about this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Martin

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6

Financial Information

Asking Price: $229,000
Gross Revenue: $601,023
Cash Flow: $61,431
FF&E: $3,500
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 6600 Square Footage: 4200 Building Type: Strip Plaza Terms & Options: Flexible terms with L.L. Expiration Date: 12/19/2024

Competition:

Non Compete : Miles: 30 Years: 3

Reason for selling:

Family Issues

Support & Training:

Weeks Training: 2 Cost: $0

Contact Business Seller

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Business Listed By:

David Ballou

Transworld Business Brokers of Central Florida