Business Overview

Great opportunity to own an award-winning frozen yogurt franchise that’s surrounded by regional and national tenants! This yogurt shop is in a prime location with high-quality demographics and average household income above $100,000. The shop just completed its third year of operation and has been managed profitably on an absentee basis. The current owners built this location at a cost of $321,000. Existing manager can stay in place, although the business would thrive with an owner operator. One of the best in the frozen yogurt category in the US and more than 540 locations around the world. Known for its array of flavors and creative toppings. Customers can also enjoy custom decorated frozen yogurt cakes for any occasion. Royalties are 6% and transfer fee of $20,000 to be paid by buyer. Please refer to CBB Listing #8262

Financial

  • Asking Price: $180,000
  • Cash Flow: $87,183
  • Gross Revenue: $322,640
  • EBITDA: N/A
  • FF&E: $195,000
  • Inventory: $5,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,770
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1770sf facility in shopping center

Is Support & Training Included:

Seller will train

Purpose For Selling:

Owners moved to Canada

Opportunities and Growth:

Owner involvement. Catering business.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The venture was established in 2018, making the business 4 years old.
The deal will include inventory valued at $5,000, which is included in the suggested price.

The business has 7 pt employees and is located in a building with disclosed square footage of 1,770 sq ft.
The property is leased by the business for $5,858 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell companies. Nonetheless, the genuine reason and the one they say to you may be 2 absolutely different things. As an example, they might say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might just be excuses to try to conceal the reality of changing demographics, increased competitors, current reduction in incomes, or a variety of various other reasons. This is why it is extremely essential that you not count entirely on a vendor's word, but instead, utilize the vendor's solution in conjunction with your general due diligence. This will repaint an extra sensible picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many operating businesses take out loans in order to cover things such as stock, payroll, accounts payable, etc. Remember that sometimes this can suggest that profit margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that should be fulfilled or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract brand-new customers? Many times, companies have repeat consumers, which create the core of their day-to-day revenues. Specific aspects such as brand-new competition growing up around the area, roadway construction, as well as employee turnover can influence repeat customers and also negatively affect future incomes. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the greater the chance to develop a returning consumer base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the local mean house income effect future earnings prospects?