Businesses For Sale Network in California - Orange County/ Newport Area Juice / Smoothie Franchise – Great Location w/ Excellent Access!
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Listing View: Newport Area Juice / Smoothie Franchise – Great Location w/ Excellent Access! - Newport Area, California


Newport Area Juice / Smoothie Franchise – Great Location W/ Excellent Access!
Newport Area, California

Offered at:
$45,000

Office Listing #   NBJuice
Revenue: $124,464 / year
Cash Flow: $23,023 / year
Lease Rent: $2,750 / month
Square Feet: 1,100

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 Listing Description

This Newport Beach area juice and smoothie franchise presents a working owner the ideal opportunity to get into an established location at a small fraction of the build-out and territory cost! While hit by the economic downturn, this well-established location is well positioned to present the party that purchases at this rock bottom price the opportunity to ride the road to recovery with a minimum of investment risk. This prominently located 1,100 square foot facility with parking regularly leases for $2,750 per month, but is enjoying a temporary reduction to $1,719 per month. The lease is valid until December 2015, with options to be negotiated. The sale includes all of the business’s assets including four blenders, a cooling fridge, a walk-in fridge, two registers, an ice machine, a dry storage area and customer seating for up to 8 patrons. Franchisee and territory transfer expenses, which are typically in the $10,000 range, are not anticipated to be included at this sale price. This franchise faces competition from the other major brands, however it occupies a prominent location in a busy business area with fantastic freeway access. As such, it does dominant the market in its immediate vicinity. As business has suffered due to nearby business vacancies and the overall economic downturn, this business is positioned to increase as nearby occupancy rates improve and as there is more discretionary spending in the market. With a working owner, the business is positioned for a short-term payoff if economic conditions remain flat, but and even faster payoff shall any improvements occur in the immediate vicinity.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   2007
Current Owner:   2007
# of Employees:   1 FT 2 PT
Square Foot/Size:   1,100
Parking:   Parking Lot
License(s) Required:   Contact For Info
Reason For Sale:   Personal
     
Financial Information
Revenue:   $124,464 / year
Cash Flow:   $23,023 / year
Payroll:   Contact For Info
Lease Information
Lease Rent:   $2,750 / month
Lease Expiration:   12/2015
Yearly Adjustment:   TBD
Lease Option:   TBD
Listed by:   R Clark
 The Veld Group
Email: Email Seller
Phone:  (310) 652-8353
Website:  www.theveldgroup.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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