Forzen Yogurt Shop

Forzen Yogurt Shop

 

$329,000.00

  • Menchies2
  • Menchies3

Listing Number :

 3920

Status :

Available

Price :

$329000

Share

Added to Favorite

Favorite

Print

Area

1080

Description

This profitable and well established, very popular frozen yogurt franchise is a fully turn-key, semi-absentee run operation located in a high-traffic, highly desirable shopping center in the Tri-Valley area.

The current owners invested a tremendous amount of effort and financial resources into building out the space to a high standard. All of the company assets are included in the asking price as well as two additional franchise location licenses worth $52,000.

Located off of a main street with excellent traffic exposure, the business is surrounded by restaurants, retail, grocery stores, and banks and is close to residential neighborhoods.

This business has very low operational costs and upkeep due to the simplicity of the business model and the lack of need for a large staff to run it optimally. The owners allocate only 15-20 hours/week to supervising the business and administrative tasks. Because of the simple business model, with established franchise systems in place, no prior experience is needed. Excellent training is provided by the franchisor.

Sales have continued to grow year over year since the doors opened nearly four years ago. Seller claims gross revenue for the year of 2019 is on pace to hit over $375,K, with the Seller’s Discretionary Earnings (SDE) of $96,K. This is a 13% increase over 2018. There are very healthy margins and it’s an extremely lean and efficiently run operation. An owner operator could increase SDE significantly by reducing payroll expenses even further. A new owner could increase revenue by focusing on growing catering and school/fundraiser sales.

This business is highly suitable for an investor seeking a standardized, low-maintenance business model that is already cash-flowing very well.

Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the buyer. # 3920

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2016
Business Type: Frozen Yogurt Shop
License(s) Required: Business, Heath
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3920
Date Available: 2/7/2019
Reason For Sale: Other Interest
Annual Total Revenue: 375000
Annual Net Income: 96000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 5426
Lease Expires: 2026
Lease Option:
NNN:
 
Financing Information
Down Payment: 329000
Owner Will Carry:
Other Finance Terms:

Similar Properties