Established Successful FroYo Shop & More. Great location!

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Generous seller is paying 2k towards rent for the first 6 months!
Asking Price:
$150,000

Gross Revenue:
$367,000
Cash Flow:
$49,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$150,000
included in asking price

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Business Description

Your opportunity to own the 757's favorite frozen yogurt shop & more! Rewarding business with low overhead and priced to sell!

This Skinny Dip Frozen Yogurt Bar is located in a high traffic shopping area in Virginia Beach. 10 year old and the very 1st Skinny Dip everyone loves.
This business has a loyal customer base and reputation for its high-quality and great service. All equipment and full training is included in price! Strong Franchisor support and a protected territory.
Skinny dips are now serving smoothies! In addition to cupcakes, floats, coffee and more..
The Skinny Dip has been serving delicious & nutritious treats ever since opening the first location in May 2008.. It has quickly become a household name and the favorite of families all across the 757 and MARKET LEADER!
Voted Hampton Roads Magazine’s Best of 757, Virginia Living Magazine Best Dessert, Coastal Virginia Magazine Best Ice Cream/Frozen Yogurt as well as the Virginian Pilot Newspaper’s Best of the Best!

The Skinny Dip carries premium yogurt flavors made with only the finest ingredients to suit the needs of all of its customers. A variety of flavors which always include non-dairy and low sugar options. There are also over 60 toppings on the toppings bar which range from fresh cut fruit to nuts, candy and cereal.

About the Business

Year Established:
2008
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,600
Rent:
$7,166.00 Per Month
Lease Expiration:
4/1/2020
Facilities:
Facility is very spacious and friendly with customer waiting area. All equipment is included.
Website:
ilovetheskinnydip.com/
Market Outlook/
Competition:
Market leader and Prime location! The frozen yogurt industry offers a dynamic array of flavors and experiences and is a sought-after dessert treat in it’s own right. In fact according to a recent survey by Statistic Brain, nearly 80% of American consumers prefer frozen yogurt to ice cream, gelato and other popular frozen treats. Business has been booming for the past decade, driven by strong consumer interest in healthier dessert alternatives and innovative product offerings. While we are now starting to see some consolidation among the many chains that have risen to take advantage of strong demand, opportunities still abound for the entrepreneur.
Growth & Expansion:
Frozen Yogurt continues to expand market share as a healthy alternative to ice cream. A fun and affordable family destination for - Relaxed family desserts -Celebrating a sports game win or loss -After movie treat -Impulse craving after shopping -Quality products and great variety of options including cupcakes, gelato, floats and more...Healthy options, One Stop Shop for Sweets with affordable prices.
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About the Sale

Reason For Selling:
Dissolving business partnership
Training/Support:
Full initial training and ongoing training provided by Franchisor.
Seller Financing:
Franchise Transfer fee to be added

Listing Info

ID:
1588419
Ad Detail Views:
0

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Business Listed by

Yeliv-Jill Adams

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