Frozen Yogurt Store- Ideal for Owner/Operator or Family

Price: $175,000

Location: Johnson City, TN (Washington County)

Industry: Specialty Food Stores

Listing ID: 22020601

Listing Status: New

Description

Here is an opportunity to own a name brand frozen yogurt shop with options to open more stores. Ideal for an owner/operator or family to own and operate. If you have checked out the cost of equipment for frozen yogurt stores, you know it is not inexpensive. This business will transfer with significant value just in the equipment and leasehold improvements alone, even on a depreciated basis. Asking price is commensurate with the value of the assets and the on-going business.
Would qualify for SBA financing. Like many businesses in the food sector, this one suffered a downturn in revenue during the initial pandemic stages. Business is on track to recovery back to pre-pandemic levels closer to $325,000 annual sales.

LISTING DETAILS

Total Sales: $250,000

Cash Flow: $15,292

EBITDA: $15,292

FFE: $175,000

FFE Included: Yes

Inventory: $5,000

Inventory Included: No

Operation

Year Established: 2011

Location

Monthly Rent: $2,027

Type of Location: Leased

Square Footage: 1200

Summary

Facilities Information:

Location, location, location! This shop is located in a high traffic volume strip shopping center accompanied by several other well-known local and regional businesses. Interior is distinctively finished resulting in a good initial impression. Being optimally sized for this type of business makes for a great rent situation. The lease is triple net with a base rent of $ 2,027.76. Common area maintenance (CAM) charges are approximately $325.00 per month.

Reason For Sale:

Owner lives too far away to devote time needed to maximize the store's potential

Training & Support:

Transition training will be provided and supported with well documented manuals and standards for the business.

Competition:

There are a few competing frozen yogurt shops in the market, none immediately nearby.

Potential Growth:

Operations, growth avenues, and more will be in the confidential business summary; available only to parties that have completed and returned the NDA (non-disclosure agreement).

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Ramon Sanchez-Vinas

Ramon Sanchez-Vinas