This well established store in the heart of downtown Brooklyn is currently a corporate owned location for one of the fastest growing juice bar franchises offering cold pressed juice, smoothies and acai bowls. The stores EBITDA decreased to $118,000 in 2023 because the store operated without a manager. The ideal buyer for this location would be either a hands-on operator or buyer that hires a dedicated manager to take this location back to 2022 revenue and beyond.
- Asking Price:
- $500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $707,000
- Cash Flow:
- $202,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Brooklyn, New York. Prime location. High demographic area with massive foot traffic and 4 gyms within a one block radius.
- Premises Details:
-
Legacy buildout for the franchise brand with all equipment needed for the brand.
- Size in square feet:
- 600 Square Feet
Business Operation
- Expansion Potential:
-
Massive opportunity to increase revenue and profitability as the store has been operating without a manager. Opportunity for the right operator to expand to other parts of Brooklyn.
- Competition / Market:
-
There is limited competitors in the area.
- Reasons for selling:
-
It is a corporate owned store, and the franchisor wants to shift focus to support
- Employees:
- 7
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
One week of intensive training at our company headquarters for all franchise partners. Training program for franchise owner and leadership team on all management tools including POS training, Inventory Management training, Scheduling, Reporting and Analytics. On-going support with regular weekly conference calls and on-site visits.