Profitable Yogurt Shop - Reduced Price - Owner is Motivated

Oklahoma City, OK (Oklahoma County)

Seller Financing Available
Profitable Yogurt Shop - Reduced Price - Owner is Motivated

Asking Price:$140,000

Cash Flow:$94,063

Gross Revenue:$285,000

EBITDA:N/A

FF&E:$89,266

Inventory:$10,000*

Rate/Sq. Ft.:N/A

Established:2012

*not included in asking price.

Profitable Yogurt Shop - Reduced Price - Owner is Motivated

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Business Description

Here is a special opportunity to own a major frozen yogurt franchise brand at a significant discount to opening a new store. This Oklahoma City store is less than three years old and is located on a busy road in this dynamic and growing community. This fast growing Yogurt Franchise unit was opened in late 2012. The Seller has decided to exit the business and to offer the business at well below the development cost of a new unit, typically $223K to $440K according to the Franchisor. This attractive store seats 36 indoors, 8 outdoors, has 8 machines and offers 16 self-serve flavors every day with over 60 toppings in a 1900 square foot leased location. This store is a showpiece for the brand. The store is owned by an absentee owner. A more focused operator would have significant upside potential. There is a great growth opportunity in parties, catering, and off-site events. Sales revenue for full year 2015 is projected to be $285K. This business is America's fastest growing yogurt franchise, providing customers 60 delicious toppings with wide appeal. This store is in a very strong upscale market location, with easy customer access and good parking. The store fixtures and store equipment are in excellent condition. Everything is in total compliance with Franchisor requirements. This is a profitable business with solid growth opportunities. There is a franchise transfer fee. The Franchisor provides outstanding Franchisee support. This national Franchise Yogurt store is a self-serve, customizable frozen dessert franchise that’s rapidly expanding both in the U.S. and abroad.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is currently operating from a 1910 Square foot building located in a growing and dynamic area of Oklahoma City. The current owner is operating in the 3rd year of a 5 year lease with a 5 year option to renew.
Competition:
There is always competition in this industry, but this Yogurt store has a loyal following in the area. This is a well known and consistently profitable company operating in a great market with a large percentage of its business coming from repeat customers. There are no Yogurt store competitors located within a two mile radius of the business.
Growth & Expansion:
The potential for growth is excellent for this company. Future growth can be greatly enhanced by a new energetic owner eager to grow the business. The current owner has other interest and has not been aggressive at growing the business.
Support & Training:
The current owner will provide 1 week of training at no cost and 1 week of on call support. The Franchisor will provide Franchisee training as well.
Reason for Selling:
The owner has other business commitments.
Franchise:
This business is an established franchise

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Geary Welch

Business Listed By:
Geary Welch

Murphy Business & Financial Corporation

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