Prime Location Frozen Yogurt Shop

Fort Worth, TX (Tarrant County)

Prime Location Frozen Yogurt Shop
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Asking Price: Get Financing: $60,000

Cash Flow: $27,284

Gross Revenue: $176,290

EBITDA: N/A

FF&E: $50,000

Inventory: $3,000*

Lease Rate: N/A /SF

Established: 2011

*not included in asking price.

Prime Location Frozen Yogurt Shop

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Business Description

Prime location frozen yogurt store anchored by a major nationwide grocery/retail chain is available for acquisition. This business was originally established in 2011 and was later acquired by the current owner of the business in August of 2017. Most of the customers are upper-class Caucasian families with children that come to the area on a weekly basis due to the nationwide grocery chain that anchors this business and residents from the nearby densely populated neighborhoods. Net sales average was $180,000/year that has been slightly decreasing due to lack of owner involvement and direct marketing for exposure. Current owner has added smoothies and bubble teas to accommodate all types of customers and it has had positive impact on overall sales. Although some marketing is in place through online social media, other proactive marketing methods needs to be utilized in the local area to generate more exposure in the untapped areas within the city and increase the cash flow. Competition is usually expected for this type of business, but there is no competition within the area that sells the same products and directly competes with this business. There are many ways to proactively market this business within the local area such as direct mailing, coupons, specials, third-party delivery service, catering and expanding the variety of yogurt flavors as well as toppings. The location of this business faces the major road and is easily accessed while being surrounded by numerous high-end homes and a nationwide retailer that is beside the business that will make the direct marketing provide a huge boost in sales if properly utilized in the local area. This business has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operations.

Listing ID #000658
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,200 SF retail strip center that is next to many popular retail businesses that produce lots of traffic and is in an area where many individuals have large amounts of disposable income.
Competition:
There are no competitors within the immediate market area that are the same industry as this business.
Growth & Expansion:
Some marketing is in place online, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers.
Financing:
100% down at the time of closing.
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Other Opportunities
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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