Profitable Frozen Yogurt and Ice Cream Store in North Boston

Essex County, MA

Seller Financing Available
Profitable Frozen Yogurt and Ice Cream Store in North Boston
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Asking Price: $83,000

Cash Flow: $87,000

Gross Revenue: $291,000

EBITDA: N/A

FF&E: $221,000

Inventory: $2,000*

Rent: $3,388.25 /Month

Established: 2014

*not included in asking price.

Profitable Frozen Yogurt and Ice Cream Store in North Boston

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Business Description

UNIQUE OPPORTUNITY. - PRICED REDUCED FOR SALE. Established vibrant and clean store. Highest quality and flavors make this national, well known franchise unique. It is a strong brand name with nearly 200 stores nationwide, it is a real money maker. Offers a huge variety of frozen yogurts and toppings, as well as smoothies and cakes. The new revenue from ice cream sales, which is a new line, will produce an additional stream of money to the current income.
This is a unique opportunity to own a turnkey operation with a friendly atmosphere and strong community relationship. The MOTIVATED SELLER will assist the new owner for a smooth and successful transference. While other frozen yogurt stores have been closed, THIS HEALTHY AND VIBRANT STORE FIVE YEARS OLD IS THE ONLY PLAYER IN THE AREA, nobody will attempt to make a competition. After the gold rush of frozen yogurt businesses is now over, this is the strongest and is here to stay.MAKE AN OFFER

Detailed Information

Location:
Essex County, MA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
N/A
Employees:
2 Part time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a prime high traffic shopping center, easily accessible by drivers and pedestrians, and has ample parking on even the busiest days. The business operates out of 1,600 square feet of space. This store has 2 full handicap rest rooms, storage room, and a prep area counter with yogurt machines. The lease also supports the use of outdoor tables & chairs. Leasehold improvements, equipment and furniture in excellent condition. Great lease: Competitive rent and terms. The present lease is in initial five year term with two - five year extension options. Perfect location for frozen treat: 7 schools within 3 mile radius
Competition:
The closest competitor is 3.0 miles away. Its fabulous buildup with even better products and service allows this yogurt shop to stand out. Perfect location for frozen treat: 7 schools within 3 mile radius
Growth & Expansion:
Besides the frozen yogurt/desserts and the additional ice cream already in place, this store is ready to offer an amazing new line of donuts and coffee.More marketing and catering will help grow the business.
Financing:
Possible
Support & Training:
Seller will provide training and support
Reason for Selling:
Needs time to focus in other activity
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(from currently available funds)
 
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Javier Castro

Business Listed By:
Javier Castro

Boston Bay Business Brokers

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