Profitable Froyo kiosk in Southcenter mall MOTIVATED SELLER

Tukwila, WA (King County)

Profitable Froyo kiosk in Southcenter mall MOTIVATED SELLER
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Asking Price: Get Financing: $25,000

Cash Flow: $30,000

Gross Revenue: $160,000

EBITDA: N/A

FF&E: N/A

Inventory: $3,000

Lease Rate: $4,865 /SF/Month

Established: 2008

Profitable Froyo kiosk in Southcenter mall MOTIVATED SELLER

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Business Description

Great turnkey business opportunity with motivated seller!

MOTIVATED SELLER. We will be relocating our family in the near future, forcing us to sell our business.

Well established and profitable frozen yogurt stand in extremely busy SouthCenter mall. This mall draws more than 15 million visitors each year. Foot traffic = sales opportunities!!!

This is now the ONLY frozen yogurt business in or around Southcenter. Less competition = more sales opportunities!!!

Continue to operate the stand as-is, or bring your own ideas for improvement. There is PLENTY of untapped potential in this location directly outside Din Tai Fung and Kizuki Ramen. Adding services, specials, new products, and other fresh ideas would further add to profitability, as would a strong social media presence. We have done zero marketing and still turn a profit. Marketing = more sales opportunities!!!

Other highlights of this business:
-Kiosk grosses more than $150k+ in sales annually AS-IS with a net that is controllable by you ($25k up to more than $50k is possible).
-Gross sales of $14.6k in July, $16.2k in August, and $14.4k in September.
-This is NOT a franchise, so there are NEVER any fees due A to the licensor.
-We have a number of additional products already approved in our lease that the kiosk can offer in addition to yogurt (dispensable coffee/tea, bottled drinks, energy drinks, fresh fruit cups and parfaits, cakes and cookies!). None of these have been added so there is a lot of value in this for the buyer.
-Owner currently works 40-42 hours per week.
-A brand new Clover POS system has been installed and will transfer to the new owner.
-Kiosk is in great condition.
-Security system installed, live footage viewable on your phone or laptop from home.
-This is one of the few wet kiosks available in this busy mall! The cost for a new kiosk can run up over $60k-$100k based on mall requirements. Why pay that much when you can have this?

Sale includes all facilities, furniture, fixtures, equipment, hardware, signage, recipes, trade secrets, and all inventory. It's a complete package that you can walk into and sell froyo immediately on day one with an established location and customer base.

The Mall will allow you to continue our current lease ($4,865/mo and expires end of May 2019) but will require an additional one-year extension to be executed at the same time, for a total of ~19 months.

PLEASE DO NOT approach employees at the stand. Contact us first through email to set up a visit!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
180
Lease Expiration:
N/A
Employees:
3
Facilities:
Sale includes all facilities, furniture, fixtures, equipment (including four two-flavor with twist machines, one large fridge, one under counter fridge, and a cold toppings bar with fridge below), hardware, signage, recipes, trade secrets, and all inventory.
Competition:
This is the only frozen yogurt store in or around Southcenter Mall.
Growth & Expansion:
Adding additional products and services will definitely increase your profit margin, as the stand generated a profit as is already. Active social media marketing and promotions would be a huge addition.
Support & Training:
Negotiable. All recipes, operating procedures, and vendors/suppliers are well documented and will be included in the sale.
Reason for Selling:
Recent events force relocation of our family. Motivated sellers!
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Business Listed By:
Eric Williford

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