Hot Listing

Ohio- TWO Smoothie King Franchises for Sale Earnings over $300,000

Asking Price$899,000

Cash Flow
$300,007
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,453,246

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Ohio- TWO Smoothie King Franchises for Sale Earnings over $300,000


Asking Price$899,000

Cash Flow
$300,007
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,453,246

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Investor's Dream Opportunity! Discover an exceptional investment with two Smoothie King Franchises for Sale in Ohio. This multi-unit package offers impressive sales of $1.4 million and is projected to achieve owner earnings of $300,000 this year, building on a solid $285,000 in earnings from the previous year. SBA Lending Available!Looking to get into the Franchise Space in the Restaurant Industry? These Smoothie King Franchises for Sale are a two-store package that has a combined sales of $1.4 Million! Owner Earnings are on track to be an incredible $300,000 this year and closed out last year at $285,000 in owner earnings. These Smoothie King Franchises for Sale are offered by We Sell Restaurants and are distinguished by their long-standing success, having been in operation since 2010. This long history has established a loyal customer base and ensures steady business. Located in strategically advantageous areas throughout Ohio, the stores are positioned for continued success. One location operates from a 1,390 square foot space, while the second is situated in an equally well-suited location of 1240 sq. ft.
This multi-unit package includes a total of 16 staff members across the two Smoothie King Franchises for Sale, providing a fully operational and turn-key business setup. The stores are equipped with everything needed to maintain high operational standards and profitability.
Purchasing these Smoothie King Franchises for Sale have a transfer fee of $25,000 per store. New owners will benefit from on-site training at Smoothie King's corporate headquarters in Dallas, ensuring a smooth transition and ongoing support from the brand. The franchise agreement includes royalties of 6% and marketing fees of 3%, which are well-supported by the high sales figures.Qualified buyers with a strong financial background and a down payment of 20% can secure SBA lending approval quickly. Our Certified Restaurant Brokers are available to connect you with lending resources to expedite the approval process.
With a great brand, multiple successful stores, and exceptional earnings, these Smoothie King Franchises for Sale represent a proven recipe for success. Contact us today for more information!
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About the Business
Years in Operation
15
Number of Employees
21
Franchise
This business is an established franchise
Facilities & Assets
1 3-Door Reach-In Freezer
1 2-Door Reach Refridgerator (Newer)
3 Heavy-Duty Wire Shelving
1 Ice Machine w/Drop-In Bin
1 Blendar Bar w/4 Vitamix Blenders
1 Ice Bin in Bar
1 Updated POS Unit w/Receipt Printer
2 Stainless Steel Work Table
1 Drink Refridgerator - Out Front
1 Ice Cream Dipping Freezer w/ Addtl. Storage (Newer)
1 Refrigerated Fruit Prep Unit
1 5-ton Roof-Mounted HVAC Unit Replaced 10-22-2022
Smallwares and Containers
Franchise Branding in Place
1 3-Door Reach-In Freezer (Newer)
1 2-Door Reach Refridgerator
3 Heavy-Duty Wire Shelving
1 Ice Machine w/Drop-In Bin, Replaced with New on 08-10-2022
1 Blendar Bar w/4 Vitamix Blenders
1 Ice Bin in Bar
1 Updated POS Unit w/Receipt Printer
2 Stainless Steel Work Table
1 Drink Refridgerator - Out Front
1 Ice Cream Dipping Freezer w/ Addtl. Storage
1 Refrigerated Fruit Prep Unit
Other Store
1 3-Door Reach-In Freezer (Newer)
1 2-Door Reach Refridgerator
3 Heavy-Duty Wire Shelving
1 Ice Machine w/Drop-In Bin, Replaced with New on 08-10-2022
1 Blendar Bar w/4 Vitamix Blenders
1 Ice Bin in Bar
1 Updated POS Unit w/Receipt Printer
2 Stainless Steel Work Table
1 Drink Refridgerator - Out Front
1 Ice Cream Dipping Freezer w/ Addtl. Storage
1 Refrigerated Fruit Prep Unit
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
For both stores, gross sales have increased every year since they have opened. Last year's (2023) combined gross sales were the highest ever recorded. Yet, the combined gross sales for 2024 will exceed that of 2023. We have never experienced a decrease in sales, even during the pandemic years. In addition, our two stores have improved their SK sales ranking against all of the other SK stores in the US almost ever year, in spite of not having "Drive Thrus."
Opportunities for Growth
1. Our sales have increased every year since our stores have opened, including during the pandemic years. 2. We provide all natural great tasting smoothies to our guest at a decent price point. Our guests know they're getting a health, tasty smoothie which they know is also good for them at a good value. Plus, we have a large selection of smoothies to choose from to fit every need. 3. There is plenty of room for growth in the OH market to open at least 4-5 new stores, without cannibalizing sales at the existing stores.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,630
Rent
$6,627.00 per month
Lease Expiration
7/31/2034
About the Sale
Seller Motivation
Retirement
Transition Support
Required onsite at SK Corporate HQ, Dallas, TX
Listing Info
ID
2278842
Listing Views
3293

Contact Seller

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Business Listed by: Eric Gagnon We Sell Restaurants

Listing ID: 2278842 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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