Frozen yogurt, Boba tea & Latte

Va Beach, VA (Virginia Beach City County)

Inside

Asking Price:$120,000

Cash Flow:$75,000

Gross Revenue:$220,000

EBITDA:N/A

FF&E:$80,000

Inventory:$5,000

Rate/Sq. Ft.:$16.26

Established:2008

Frozen yogurt, Boba tea & Latte

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Business Description

Non-Franchised & Higly profitable, owner's financing (70% down)

This is a great opportunity to buy a well-established and profitable frozen yogurt, boba tea & latte.
This modern and trendy yogurt store is beautifully designed in thriving (busy street) Virginia Beach, VA with Harris Teeter and Marshalls. The inviting ambiance, high quality healthy products along with outstanding service makes this a highly profitable business. This store is tremendously popular and has a reputation of a family friendly and community focused business. In addition to yogurt, the store serves fresh smoothies, bubble tea(boba tea), espresso/latte. The store has approximately 1250 sq. ft. area. This is a business that’s been consistently profitable over the past 5-years and there is no other competing yogurt store with varieties in town. The business could be even more profitable with the addition of ready-to-serve food items, and baked products. This is a low cost one person operation during the weekdays and 2-person operation during the weekends.

https://www.facebook.com/yo-mama-froyo-81078538491/?fref=ts

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,250
Lease Expiration:
4/1/2023
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
• 1,250 sf overall facility • Very low overhead and utility cost • Well-lit parking area for easy and secured parking
Competition:
This is the only store to sell premium frozen yogurt, bubble tea(boba tea), espresso/latte and more.
Growth & Expansion:
The current owner is relocating and wants the store to continue to be successfully operated. The business can be easily run by either one or two family members, thereby making the business even more profitable.
Financing:
70% down, 30% financing
Support & Training:
2 weeks
Reason for Selling:
Moving out of area
Business Website:
http://www.yomamausa.com/index.php

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Business Listed By:
Danny Lee

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