Prime Location Frozen Yogurt & Bubble Tea Shop

Denton County, TX

Seller Financing Available
Prime Location Frozen Yogurt & Bubble Tea Shop
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Asking Price: $35,000

Cash Flow: $32,827

Gross Revenue: $180,740

EBITDA: N/A

FF&E: $50,000

Inventory: $2,500

Established: 2015

Prime Location Frozen Yogurt & Bubble Tea Shop

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Business Description

Prime location frozen yogurt & bubble tea shop placed in a large populated area of families and across the high school is available for acquisition. This business was originally established in 2015 by the current owner of the business and has the largest toppings bar in the area. Most of the customers are middle-class families that in live in the surrounding densely populated residential neighborhoods and students that come from the multiple school districts that are nearby this business. Gross sales average was $175,000/year that has been increasing each year of operation due to the optimal location of this business, some marketing, and by adding a popular drink menu in 2016, which has increased overall sales and invited larger customer base. Although marketing is minimally utilized through door hangers, other proactive marketing tactics needs to be fully used to maximize income potential and increase customer count. There are many ways to increase overall sales by introducing more variety of menu items such as crepes, pastries, acai bowls, and ice cream. Competition can be expected for this niche industry, but this business has no competitors within the immediate market area that has the same product line or concept as this frozen yogurt shop. While other similar competitors serve only one type of product, this business serves frozen yogurt and popular bubble teas as well as vegan options to accommodate all kinds of customers. There are many ways to proactively market this business such as direct mailing, website, social media outlets, fundraisers, school partnership and full-time owner involvement. Having a full-time owner operator will be the best way for this business to increase cash flow as the business will spend less on payroll expenses keeping management and maintaining the quality of the customer relations. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000776
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Location:
Denton County, TX
Inventory:
Included in asking price
Employees:
7PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,440 SF retail strip center that is next to many retail businesses with lots of foot traffic. All equipment is in impeccable condition and in working order.
Competition:
There is no competitor within the immediate market area.
Growth & Expansion:
Some marketing is done in the local area, but other proactive marketing methods needs to be utilized to attain full potential sales.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason for Selling:
Another Full-Time Job
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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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