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Priced2sell Healthy Food Restaurant W/smoothie Juice Bars For Sale

Gilbert, Arizona, US
Asking Price:
$69,500 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$350,000 (USD)
Cash Flow:
Under $50K (USD)

PURCHASE IN Q4 TO BE READY FOR Q1 2021 NEW YEARS BUSY SEASON WHEN EVERYONE MAKES RESOLUTIONS TO GET HEALTHY!!

High growth potential with meal prep program and grocery program just released by the franchisor 9/1/20 and 5/1/20, respectively. Franchise concept only 5 years young. Nothing like it in the nearby area.

Have a passion for eating healthy? Do you already meal prep, count macros, calories, etc? Find yourself wanting to eat out but can't get a truly healthy meal anywhere? Then this fast casual restaurant is for YOU! I am looking for a buyer for my "Grabbagreen Food + Juice" restaurant franchise located in Gilbert, AZ. This is a young franchise, this location has only been open three years but already has an established, loyal customer following and so much more growth potential, especially with the recently released meal prep program and grocery program. No other nearby restaurant has the capability to offer in house meal prep and meal programs.

The menu at Grabbagreen focuses on whole, unprocessed foods that are GMO free and every item on the menu is completely customizable to fit almost any dietary lifestyle or allergy. We help a lot of people get a great tasting, healthy meal that have difficulty eating out because of diabetes, heart, “doctor’s orders”, gut, food allergies and intolerances, autoimmune, etc. This is a very rewarding part of this restaurant. We serve quinoa bowls, brown rice bowls, and salads all prepared fresh with our delicious house made sauces. We blend hand crafted smoothies and juice fresh pressed juices in house. Very easily owner operated. High energy, positive environment, excellent loyal customer base. Annual sales 15%+ organic growth/year since opening. Reopen ready with curbside pick up via app and third party delivery already set up on Grub Hub, Post-mates and Uber Eats.

**Meal Prep/Meal Plans** I closed 3/2020 so this is a NEW REVENUE STREAM because of COVID. Program introduced by franchisor and released 9/1/20. (no other nearby restaurant offers this! easy $$$$ with no extra overhead/labor. Think Blue Apron, Hello Fresh but customizable down to calories, macros, allergies, etc. customers order online for delivery or pick up)

**Groceries** I closed 3/2020 so this is a NEW REVENUE STREAM because of COVID. Program introduced by franchisor and released 5/1/20. (customers can place orders for produce, proteins and sauces for pick up or delivery.)


Juice Cleanses, prepared in house (easy $$$$$ with no extra overhead/labor)
Catering
Health and Wellness industry
Whole Food Plant Based, Vegan, Gluten free, Vegetarian, KETO, Paleo
Restaurant reopen ready, deep cleaned, equipment in excellent working condition
Beautiful patio seating
Work, Live modern lifestyle
Huge draw to the complex with other restaurants, LA Fitness, millions of sqf office

I am a CPA, the restaurant books are very clean. Unfortunately, I had to close because of COVID financial and personal hardships and no longer have the bandwidth or the time to reopen with three young kids schooling from home.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

With COVID, this is negotiable with the landlord. Six years left on my existing lease, with two 5 year renewal options. Landlord is aware I'm selling and if approved, new franchisee/tenant can take over my lease/guaranty and landlord will remove me from the equation.

Location:

Prominent, highly desirable in Gilbert’s Rivulon - 250 Acre Mixed-Use Development, Gilbert AZ on Gilbert Rd/202
Premier area to include 3m sqf of Class A office, hotels and lake
Share parking lot with Isagenix International HQ 700+ employees, ESporta/LA Fitness 1,000+ members/day, and other high end tenants such as Deloitte, Merrill Lynch and Finance of America Mortgage. Next to car dealerships such as Mercedes Benz, Audi and Volvo. Walking distance from large community college campus.

Premises Details:

High end modern feel with a 1,600 sq foot premise in a 32,000 sq foot complex featuring plenty of parking and four other restaurant tenants helping to create Rivulon as a destination people come to, to eat. Grabbagreen was built in 2016, opened early 2017, all equipment brand new when opened and very well maintained. Since COVID closing, everything has been deep cleaned and is ready to reopen.

Business Operation

Expansion Potential:

Franchisor has released "Grabba-grocery", a grocery menu to allow the restaurant to sell produce, meats, housemade sacues, etc. because of COVID. Franchisor also is almost finished with new catering roll out. Meal planning requests are in high demand for this restaurant but just have never been rolled out yet because I didn't have the time. This location is within dozens of gyms both large and small in a 3 mile radius (Lifetime Fitness, EOS - 2 locations, Orange Theory - 2 locations, Knock Out Fitness, and more) so meal plans would be an easy sell.

Competition / Market:

No other restaurant can compete with how healthy and customizable our menu is and no other restaurant offers a meal prep or meal program.

Reasons for selling:

I incurred a lot of financial hardships closing down my restaurant during COVID back in March and I just don't have the finances to reopen. Plus, I have three kids now schooling from home that I need to take care of.

Trading hours:

COVID Reopen suggest M-F 1030A-7P, Sat 9-2, Su Closed.

Employees:
0 employees currently employed, closed due to COVID. Average 2-3 FTE when open.
Years established:
3

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

6 years left on my franchise term.

Other Information

Support & training:

Kahala is the franchisor and owns roughly 30 other franchises. It is located about 20 minutes away in Scottsdale, AZ and is very supportive in marketing, training, operations, leveraging its size to negotiate reduced fees, etc. It also offers a week long in-house training plus one to two weeks training at the corporate store in Phoenix and three days onsite training at your store. Franchise transfer fee is $10,000 as opposed to $30,000+ for a new license.

Furniture / Fixtures value:
$210,000 (USD) - included in the asking price
Inventory / Stock value:
$1,500 (USD) - included in the asking price
Website:
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Related Documents:
Business closed / Asset sale:
Yes

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