Buy a Popular Smoothie shop Next to YMCA For Sale business for sale in Elk River on BusinessesForSale.com

  • Advert ID: 665130

Popular Smoothie shop Next to YMCA For Sale


Location:
Category:
Asking price:
$90,000
Sales revenue:
$35,000
Net profit:
Available on request
Years established:
1 year
Employees:
1
Relocatable:
This business can be relocated.


I had developing a franchise in mind and this would be ideal if wanting to develope your own.


Excellent location next to newly built YMCA and fairgrounds. $35,000 cash flow this first year, with projected $45,000-$60,000 second year (YMCA will be largest in Minnesota, due to open October this year). High repeat customer rating and word of mouth advertising. All brand new equipment still with waranties. All new build out.


Real Estate:
Lease
Lease terms:
1200 sq. ft. New build out.

Two years left on 3 year lease, negotiated to $1,100 coming year no cam, $1,200 last year of lease (originally asking $1,500 per month plus cam).
Location:
The main corridor for N.W. Minneapolis access is Highway 10. "Pulse" Juice & Smoothies is located in a high visability strip mall right on Highway 10 and Joplin street in Elk River MN. Up to 40,000 cars drive by "Pulse" in a day.

Expansion potential:
This was the perfect location to get established, the potential for growth is enormous. Since "Pulse" is the type of shop kids love to come to, expansion would be ideal next to the Elk River High School. We didn't have the oportunity to do the high level marketing that was planned. No ad campain had been accomplished yet.
Competition / Market:
There is no competition in 25 miles for a premium smoothie shop. The clients understand the difference between premium smoothies and premixed coffie shop style. All the coffie shops around are on the other side of Elk River (3 Miles). There are three executive buildings nearby, one hospital, several government buildings. The clients for "Pulse" have high customer loyalty. Every day loyal customers are developing. We are also currently having our smoothies delivered by 'Pizza Man'. The worlds first known Smoothie deliverie service.
Support & training:
Full Training of manager would be supplied for one week.
Reasons for selling:
My father is sick and his company in Alaska needs my assistance. I can't do both at the same time so I am sacrificing my dream for the compliance of contracts he has signed.
Trading hours:
10 am - 8 pm
Furniture / Fixtures value:
$55,000
Inventory / Stock value:
$1,500
Related documents:

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