Asset Sale. This business has franchise potential! Keep existing juice bar and expand to more locations or convert it to another concept and save money on construction and equipment! This business has a clean, modern, and upscale design with great branding, excellent reviews, and a strong social media following.
The concept, a healthy twist to Vietnamese street food, opened in April 2024. The menu features fresh all-natural sugarcane juices and handcrafted banh mi sandwiches and bowls. Some examples include Strawberry Limeade Sugarcane Juice, Green Tea Sugarcane Juice, and Mojito Sugarcane Juice. Food menu includes Steak, Chicken, Pork, or Veggie Banh Mi sandwiches or bowls. Dine-in, Takeout, delivery, and catering services provide multiple revenue streams.
The business for sale is located in a busy shopping center with strong population, income, and traffic counts. The premises is approximately 1,600 sq ft. Also, the equipment and leasehold improvements are in excellent condition. The lease expires in December 2028 and a five year option term is available. The current rent is $4,400 per month including common area maintenance, taxes, and insurance.
Sales in 2024 were approximately $200,000 with no discretionary earnings. The listing price includes Leasehold Improvements of $250,000, FF&E of $50,000, and Inventory of $2,000. The seller owns other businesses and does not have enough time to dedicate to this business. The seller will train buyer on site for a minimum of 2 weeks.