Secondary Category:Fast Casual Restaurants for Sale
This Northern California Juice Bar Franchise is a California Sub-Chapter S-Corporation and has been in operations for the past 2 years. This company specializes in fresh handcrafted juices, smoothies, acai bowls as well as cold pressed juices and juice cleansing offerings. They even offer superfood smoothies and wellness shots. Juices and Smoothies are a natural way to feed your body with essential minerals, vitamins and living enzymes. Almost all the nutrients our bodies need can be found in raw fruits and vegetables. Each juice provided contains up to 3 pounds of fresh fruits and vegetables, not to mention natural antioxidants and packed with vitamins and nutrients.
This franchise is one of the leaders in industry with over 170 opened locations, 150 locations in development and operating in a total of 19 states. With a model that is proven, a new business owner can step right into a location and be successful and avoid the hassle of tenant improvements and buildouts necessary to start a brand-new location.
Financial Information
$199,000
Asking Price
$50,000
Cash Flow
$550,000
Gross Revenue
$199,000
Down Payment
Business Location
City:
Northern California
State:California
Reason for Sale
Seller would like to pursue other interests.
Detailed information
Year Established:2020
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:11
Contractors:N/A
Owner Worked Hours/w:8
Adjusted EBITDA:
$50,000
Inventory Included: Yes
Inventory Value:
$25,000
Monthly Rent:
$2,983
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1100
FF&E Included?: Yes
FF&E Value: $175,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Facilities
This facility has been fully built out and several hundreds of thousands of dollars invested in tenant improvements.
Market Outlook/Competition
The global smoothie’s market is projected to increase by a combined annual growth rate (CAGR) of 7.2% from 2020 through 2025. The smoothie market is flourishing in developed and emerging regions. Smoothies consist of dietary fiber and tend to be healthier than most fruit juices. The rising health consciousness among consumers and increasing demand for convenience and value are driving the demand for smoothies and smoothie bowls.
The global organic beverage market is projected to grow at a CAGR of 12.3% from 2020 through 2025. The growth in the organic beverage market is largely driven by demand for natural and clean label products among the consumers globally, with the North American region being the largest market for organic beverages.
The acai berry marketing was valued at $712 million in 2017, and it is expected to grow at a steady rate of 12.71% through 2025. The acai berry was introduced in the states in the 90’s and then grabbed the spotlight in the early 2000’s thanks to social media. Acai became an Instagram sensation when influencers and celebrities posted pics and popularized hashtags of healthy acai bowls and smoothies. Medical specialists agree that diets rich in antioxidants and anti-inflammatories can lower risk factors in many age-related diseases like Alzheimer’s disease and Parkinson’s disease. Although there is no cure for those diseases, the antioxidant anthocyanin, found in acai berries, is believed to lower oxidative stress and inflammation helping with brain health and improving memory.
There is competition in the market, but many do not have the depth and breadth of offerings or the quality. There is such demand now for these types of foods and drinks that this location is not impacted by competition.
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