Popular Ice Cream/Yogurt Shop and Coffee Bar

Saratoga Springs, NY (Saratoga County)

Popular Ice Cream/Yogurt Shop and Coffee Bar
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Asking Price: Get Financing: $99,000

Cash Flow: N/A

Gross Revenue: $244,460

EBITDA: N/A

FF&E: $99,000

Inventory: $5,000*

Lease Rate: N/A /SF

Established: 2010

*not included in asking price.

Popular Ice Cream/Yogurt Shop and Coffee Bar

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Business Description

This business is an independently owned and operated ice cream/yogurt shop and coffee bar; this is NOT a franchise. The company offers eight freshly made frozen yogurt options, including sugar free and dairy free varieties, with over fifty toppings available. The shop also sells bubble teas, exclusive branded coffee, delicious protein shake and smoothie options, steel-cut oatmeal, fresh baked cookies, muffins and more. The business caters for special events like graduation and birthday parties, office functions and fund raisers. Customer reviews are exceptional.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
12/31/2019
Employees:
6 - 8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility leases approximately 2,500 square feet. Current rent is $64,800/yr. and the lease term is for four years with a three-year option.
Competition:
There are no other frozen yogurt shops in close proximity.
Growth & Expansion:
The local community sponsors a multitude of year-round events that would surely benefit from the shop’s catering services. Setting up delivery services to Skidmore College, SUNY Adirondack, Empire State College and Saratoga Hospital to name a few, would increase revenues substantially.
Support & Training:
The owner will stay on for a reasonable and negotiated transition period to train the Buyer in all aspects of the business
Reason for Selling:
The owner has accepted another career opportunity.
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Kevin Kryskowski, ABI

Business Listed By:
Kevin Kryskowski

Business Intermediary Group LLC

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