Great Cash Flow - Turnkey - #1 Zagat Rated

Edgewater, NJ (Bergen County)

Unbelievable Opportunity!

Asking Price:$395,000

Cash Flow:$123,000

Gross Revenue:$580,000

EBITDA:N/A

FF&E:$300,000

Inventory:N/A

Established:2012

Great Cash Flow - Turnkey - #1 Zagat Rated

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Business Description

Nationally recognized Red Mango Frozen Yogurt Franchise with its own proprietary frozen yogurt. No high-fructose corn syrup or artificial ingredients and Gluten-Free.More than just a Frozen Yogurt Self-Serve concept. A diversified menu that includes Frozen Yogurt, 30+Smoothies, 30+Fresh Juices, Grab & Go products, and Hot and Cold Coffee specialities . The business has grown every year and is poised for significant growth in 2016. The turnkey operation with high cash flow in place makes this the best opportunity in Northern NJ. The high volume spring and summer sales is the best time to make this business your own!

Detailed Information

Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Immaculate finishes with over $500,000 of capital utilized to bring the space to it's unbelievable luster. 2,000 SF floor plan optimizes every inch to bring the ultimate experience to the customer. Accompanied with outdoor seating this adds another very unique character to the destination. The location of the store is prime with direct exposure to Trader Joe's (one of the busiest in NJ) and is situated in one of the most popular and highly trafficked shopping centers in the region. Brand new developments surround the center with very affluent clientele. On-site parking is abundant.
Competition:
The Red Mango brand is #1 Zagat Rated for Frozen Yogurt, Smoothie Bar, and Juice Bar. This store is TOP PERFORMING in the Entire State!
Growth & Expansion:
Even with their phenomenal organic growth with an additional 15% in 2016; a new owner can choose to add a cafe program which include wraps and paninis. Also very significant; a new owner can add Nestle Toll House and Auntie Ann's. The delivery business has seen significant growth over the last quarter but can can positioned for explosive numbers with the new built in population coming to the area.
Support & Training:
Owners will seamlessly transition new buyer for 1 month.
Franchise:
This business is an established franchise

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Chris Calabrese

Business Listed By:
Chris Calabrese

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