Listing ID: 76483
Business Overview
Established frozen yogurt shop operating since 2011. The Business offers a high variety of options for their customers with 7 frozen yogurt machines and over 100 rotating flavors. The store is located in a high traffic shopping center anchored by a popular grocery store in a growing metro area. Surrounded by residential housing and no other yogurt stores in a 10 mile radius, this Business has become a local favorite. This is a great opportunity to own an established turn-key business in a prime location.
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Financial
- Asking Price: $109,000
- Cash Flow: $42,369
- Gross Revenue: $239,679
- EBITDA: N/A
- FF&E: $83,970
- Inventory: N/A
- Inventory Included: Yes
- Established: 2011
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
2 weeks included
Other Opportunities
Additional Info
The company was founded in 2011, making the business 11 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell companies. However, the true reason and the one they say to you might be 2 totally different things. For instance, they may claim "I have too many various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or a range of other reasons. This is why it is very crucial that you not rely absolutely on a vendor's word, but rather, utilize the vendor's solution along with your total due diligence. This will repaint a much more reasonable image of the business's present scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses borrow money so as to cover things like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can imply that profit margins are too small. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that have to be fulfilled or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new consumers? Often times, companies have repeat clients, which develop the core of their daily revenues. Certain elements such as new competitors sprouting up around the location, road building, and also employee turn over can impact repeat customers and also negatively impact future earnings. One vital point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the possibility to build a returning client base. A final thought is the basic area demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Just how might the local typical house earnings influence future earnings potential?
