Frozen Yogurt Store - Sweet opportunity for local family

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Asking Price:
$30,000

Gross Revenue:
$220,732
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Frozen Yogurt Store - branded but not a franchise, no royalties. Quality product. Sweet opportunity for local family to own your own business in La Mesa, CA. It's an asset sale...way less to get going verses starting new. Established in location 2005. Sellers invested in revitalization but have been pulled away by other priorities and cannot see it through. 2 of 6 dual flavor Taylor Freezers have been replaced with newly refurbished machines. New $20k water tower and AC just installed. FFE estimate $40,000. Current lease to Jan 2020 @ $4217 incl. CAMs can be extended. Sales growing with net sales over $220k. 6 PT employees cover shifts; payroll about $5k/mo. Owner is largely absenstee (orders, payroll, scheduling, some maintenance). Store has generated $65k net in prior years. If you are ready to reap the rewards of a turnaround opportunity with much of the work completed and ready for growth - this is for you.
Please be prepared to demonstrate at least $50,000 of liquidity post acquisition for the landlord. Asking $30,000. MOTIVATED,

About the Business

Location:
San Diego County, California
Year Established:
2005
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
1,300
Rent:
$4,217.00 Per Month
Growth & Expansion:
store has generated $65k in past years
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About the Sale

Reason For Selling:
priorities
Training/Support:
2 weeks

Listing Info

ID:
1556215
Ad Detail Views:
237

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Business Listed by

Linnea Westlake

Transworld Business Advisors
License# 02028068

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Sponsoring Broker:

Marshall Pollock
Transworld Business Advisors
License# BRE # 01100886

U.S. Census Data for San Diego County, CA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for San Diego County, CA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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