Two Established Frozen Yogurt Shops - NW Suburbs

IL

Two Established Frozen Yogurt Shops - NW Suburbs
Contact Seller

Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $415,720

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2010

Two Established Frozen Yogurt Shops - NW Suburbs

Save Print Share Valuation Report

Business Description

Main street business with substantial asset base and potential

These two stores are located in the far northwest suburbs and have been a valued part of the local communities for years. The locations are in prime strip mall locations on major thoroughfares with incredible traffic and visiblity. The adjoining businesses are non-competing food establishments making this a perfect stop for dessert afterwards. The business has relationships with other businesses in the area and discount cards provide a steady stream of new and eventually repeat customers.

The business is easy to learn and manage. The customer base is younger but the location is popular with all age groups including families and seniors. The gross margin is around 23% and labor costs are 21% even with the current owners as absentee. Labor is not a problem as the local high schools provide for a steady source of reliable part time help (despite the current labor shortage) plus create name recognition among peers. Each location has 5 Taylor yogurt machines which cost $15,000 each when new.

The owners are selling due to career demands. The business is cash flow positive. All inquiries must include the non-disclosure and identify sources of financial capability. Detailed financial information will be available after first meeting with owner.

Detailed Information

Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
18
Facilities:
Two stores located in strip malls on major thoroughfares. The locations are turn key.
Competition:
There are no similar businesses within the vicinity. The business is an impulse purchase for people in the vicinity but also a destination for the local community. They have developed realationship with other businesses in the area.
Growth & Expansion:
Future plans could include working further with schools, churches and other non-profits for fundraising, which also generates repeat customers. Also there is potential for product placement of prepacked items esp in schools since the product is considered healthy.
Support & Training:
Owners will provide free initial training plus telephone support as need.
Reason for Selling:
Both owners have very demanding carees and cannot devote time to the businesses.
Contact Seller

Contact the Seller

Contact Seller Loading

Dan Eitel

Business Listed By:
Dan Eitel

VR Business Brokers of Oak Brook

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1614548 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Teriyaki Madness

Franchise Opportunity
Capital Required: $273,699