Business Summary:
This Smoothie and Juice Bar started in Boise in 2003. This is a franchised operation with over 175 stores nationwide, and the only one in the Treasure Valley. Product line includes several varieties of smoothies, fresh juice, and some breakfast and lunch items. The store operates from 8:00am to 10:00pm seven days per week. The owner operates this shop passively with a full time manager earning approximately $29,000 per year. The entire payroll is only 18% of sales and the cost of goods at 35%. This provides a very nice cash flow for an active or inactive owner. Original cost to build was over $186,000, including $20,000 franchise fee. The past several years have had a very consistent sales and cash flow. This business provides a high rate of return.
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| Year
Business was Established: 2003 |
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| Number of Employees:
1FT/5PT |
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| Facilities / Terms of Lease:
990 sq. ft. retail space leased at approximately $3,000 per month including CAM charges. 5 years remain on lease. There is seating for 8 inside and 12 outside on the patio. |
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| Potential
Growth/Expansion:
An owner can expand business through marketing outside sales, an example is to make school lunch deliveries available. |
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| Competition:
There are other food service businesses located in the retail center where this one is, attracting the lunch and snack crowd that decide they want something healthier. The closest smoothie bar is approximately 2 miles away. |
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| Owner
willing to train:
Two weeks of franchise training is required for new owners. This includes one week at the corporate offices and one week at an in-store location. A training fee of $5,000 is required. |
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| Reason for selling:
Other business interests. |
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Seller Reference Number: bm774187439
BusinessMart.com Listing Number: 67453 |
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