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The Smoothie Hut For Sale
Location: Canada -> Prince Edward Island -> Cavendish
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Strong and still growing, four year old business.

This has turned into a very nice little business for us, but we are just too busy with other commitments, and it could use some direct attention to continue to help it grow. Located on the sunset campground boardwalk next to the cavendish boardwalk. The first two things that you see from the boardwalk are island beach company and the smoothie hut! Eight sided, bright orange building that includes 4 large serving windows. All the details are below. Please contact for more questions or to obtain more information. The asking price is based on ''5 times cash.'' pretty reasonable we think, but certainly, take a look and make us an offer.

Full equipment list available, but some of the basics include:

2 all-fridges
2 very large freezers
3 timer based vitamix blenders
1 industrial panini grill
1 taylor 3 head (choc, vanilla, combination) soft serve! (won't find a better model)
popcorn machine
48'' sandwich prep machine
2 head slushie machine
assorted dairy bar equipment
2 atm's! (don't know how this works, just ask!)
and more.

We all know that really matters is cash flow. So here it is, at the end of the year, our financials will show you a cash flow of $18,500.

The property is leased and i can give you some info on future rent, but this season coming, the rent is expected to be $9,000 (last year was $8,000).

That should be enough to get people started. Take a look, ask some questions, make me an offer.

Remember! The Cavendish beach country music festival will be announcing their top acts come early march. This has been a great boost for everyone in the area. And people know it, so i wouldn't wait!

Asking $92,500. Contact for more information on this the smoothie hut business for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $70,100
Cash Flow:   $18,500
Cash Flow Type:  EBITDA
Inventory:  $30,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  I will provide full training and some on-going support during the first summer.
Reason For Selling:  Too many other commitments.

Photos

View Larger Photo(s) Of Business
The Smoothie Hut For Sale Photo 1 The Smoothie Hut For Sale Photo 2 The Smoothie Hut For Sale Photo 3




Print Listing Id: 700146753
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Prince Edward Island Businesses For Sale > Prince Edward Island Franchises For Sale



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