Smoothie King For Sale in Charlotte, NC
Annual Sales – $414,000
In addition to being a fast food alternative, smoothies also fill a health requirement for many consumers. Diet, exercise and lifestyle changes are the answer to a better quality of life as more and more people focus on their well-being and what they eat. As a Smoothie King franchisee, you’ll be part of a rapidly expanding market and something you believe in – a nutritious, healthy lifestyle that includes healthy supplements and products.
The location for sale in Charlotte is a well established business that has been a part of the local community since 2004. Located in the heart of Myers Park, there are great marketing opportunities available with Queens College and Myers Park High School. This franchise is also actively involved with the community and nearby swim associations.
The location is 968 square feet with a rent of only $3,000 per month. The lease has 5 years left and can be renewed at the end of the current term. Major equipment all has been updated including new HVAC unit in 2017, BOH refrigerator and ice machine in 2014, Prep unit and drink cooler in 2016. The profit in 2018 was $72,260 and the manager was paid a salary of $36,400. For an owner/ operator, this is an opportunity to generate a 6 figure income of over $100,000 per year. It would also be a great investment for those looking for a second income.
There are two additional costs to the buyer that the seller is willing to cover. The franchise is due for a refresh which will cost approximately $50,000. There is also a transfer fee of $12,500 to take over the franchise. The seller is willing to write a check to the buyer in the amount of $62,500 at the time of closing to cover these expenses. The landlord is also offering an incentive of $8,300 once the upgrades have been completed.
Whether you are looking for a second income or would like to own and operate your own local business, this is a great opportunity to be a small business owner in your community providing a healthy alternative to fast food.
We would be happy to provide you with several financing options if you have an interest in learning more. Just complete the form and we will give you a call to discuss.