Prime Location Well Established Frozen Yogurt Shop

Parker County, TX

Prime Location Well Established Frozen Yogurt Shop
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Asking Price: Get Financing: $225,000

Cash Flow: $109,995

Gross Revenue: $339,884

EBITDA: N/A

FF&E: $100,000

Inventory: $3,000

Lease Rate: N/A /SF

Established: 2010

Prime Location Well Established Frozen Yogurt Shop

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Business Description

Prime location frozen yogurt and smoothie store that has recently been remodeled and anchored by many nationwide retailers is available for acquisition. This business was originally established almost a decade ago in 2010 by the current owner of the business. Most of the customers are middle-class families that live in the surrounding densely populated residential neighborhoods as well as the foot traffic from the many retail businesses that is nearby this frozen yogurt store. Net sales average $345,000/year that has been consistent throughout the several years of operation without any marketing done. Although a loyalty system is currently in place, other forms of proactive marketing needs to be fully utilized to generate more cash flow and acquire new customers from untapped areas. Competition can be expected for this type of business, but there are currently no competitors that are within the immediate market area to compete with this business due to couple of them closing down in past few years. There are many ways to proactively market this business such as direct mailing, catering service, social media outlets, building a website, hiring management, more flavors and additional toppings. Hiring a manager to operate the business will allow the owner of the business to fully focus on proactively marketing this business while keeping the books all up-to-date. Recent renovation of this business has also attracted many more individuals to this business and the area as the city is rapidly growing in population. 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 #000604
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,500 SF retail strip center that has recently been renovated and is surrounded by numerous developments of retail business as this city is growing at a rapid pace. All equipment is in impeccable condition and in working order.
Competition:
There is no direct competitor within the immediate market area.
Growth & Expansion:
There is no marketing in place at the current time except a loyalty program.
Financing:
100% down at the time of closing or 30% 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:
Retirement
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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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