Asking Price:

$340,000

Gross Income:

$500,000

Cash Flow:

$150,000

FF&E:

$80,000.00 *

Inventory:

$2,000.00 **

Real Estate:

N/A

Year Established:

2009

Employees:

3

Business Types:

Other Eating & Drinking Places
Other Food Stores

** not included in the asking price

* included in the asking price

Business Description

Please read carefully!

There are 2 separate operations to this sale's offer. There are 2 retails stores, one in Georgetown and one in Fairfax County. And the seller also owns the wholesale company which supplies his own 2 locations and 4 other retail stores that he had etablished but since sold to others, and 4 other stores which simply buy the supplies from him. He has developed his frozen yogurt business with the mind and concept of a franchise type operation. However, after 7 yrs the seller has realized his limitations on his marketing and
communication skills. At least locally, It's well on it's way to go to a next level to compete with other nationally and locally well known brands such as Pinkberry and Sweetfrog. IT'S A TREMENDOUS OPPORTUNITY FOR SOMEONE WHITH SAVVY SMN MARKETING & MANAGEMENT SKILLS! It's been well documented that over 70% of the yogurt eaters are under the age of 35.

ABOUT THE SALE: The seller is willing to sell the whole operation, the 2 retail stores and the whole line. His asking price for all is $1,000,000. He will also sell the 2 retail stores individually. One in Georgetown nets minimun $150,000 per year, and his asking price is $480,000. One in Fairfax County nets $12,000, and is for sale for only $80,000. This store is beautifully setup and is being operated as almost 100% owner absentee business. A hand on operator with social network marketing skills can really enhance the bottom numbers.
NOTE: The seller is not going to single out and sell only the wholesale line. The wholesale operation is netting minimum $150,000 per year. It's a highly prfitable operation, but he feels obligation to his retail customers.
***As most of you know who have any knowledge in fronzen yogurt business, this is a low overhead, a simple and an easy- to-manage business.

SERIOUS INQUIRIES ONLY, PLEASE!

YOU WILL BE REQUIRED TO PROVIDE YOUR ID, PROOF OF FUNDING , AND MUST EXECUTE NDA.

Detailed Information

Facilities:

Apprx 1,000 located on one of the busiest streets in DC.

Competition:

Normal area competition

Growth/Expansion:

The simple concept allows easy expansion throughout the metropolitan area or beyond.

Support/Training:

2 weeks at no cost.

Reason Selling:

Owner(franchisor) wants to either fucus on wholesale or retire