Smoothie King For Sale in Dulles, VA
Annual Sales – $300,000
Years in Business – 7
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.
This Smoothie King is located in the Dulles Town Center Mall right as you enter the mall. There is a great customer base already in place including employees of the different retailers and the high traffic LA Fitness. With the resurgence of the mall and ongoing development in the area, this business is poised for growth in the coming years. The current lease is $4,200 but the owner has negotiated a new rate of $2,100 starting in 2020. This in itself will increase the profitability by $25,000 over the next year.
The owners have increased the catering business this year by adding a fourth school to which it services. Additional growth will come from new development in the area, additional catering, and the option for delivery.
With banks typically financing 70% of the sale price, you would need about $80K in liquid capital to get a loan. You could also use 401K money to buy this business with no taxes, penalties, or interest. Inquire to learn more about financing options.