Asking Price: $45,000 Gross Revenue: $148,021Cash Flow: $14,788 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Prime location frozen yogurt store anchored by a major nationwide grocery/retail chain is available for acquisition. This business was originally established in 2011 and was later acquired by the current owner of the business in August of 2017. Most of the customers are upper-class Caucasian families with children that come to the area on a weekly basis due to the nationwide grocery chain that anchors this business and residents from the nearby densely populated neighborhoods. Net sales average was $180,000/year that has been slightly decreasing due to lack of owner involvement and direct marketing for exposure. Current owner has added smoothies and bubble teas to accommodate all types of customers and it has had positive impact on overall sales. Although some marketing is in place through online social media, other proactive marketing methods needs to be utilized in the local area to generate more exposure in the untapped areas within the city and increase the cash flow. Competition is usually expected for this type of business, but there is no competition within the area that sells the same products and directly competes with this business. There are many ways to proactively market this business within the local area such as direct mailing, coupons, specials, third-party delivery service, catering and expanding the variety of yogurt flavors as well as toppings. The location of this business faces the major road and is easily accessed while being surrounded by numerous high-end homes and a nationwide retailer that is beside the business that will make the direct marketing provide a huge boost in sales if properly utilized in the local area. This business has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operations.
Listing ID #000658
For more info, please call Kevin Chung at 1-866-519-2421.
About the Business
Fort Worth, Texas
Number of Employees:
This business is located in a 1,200 SF retail strip center that is next to many popular retail businesses that produce lots of traffic and is in an area where many individuals have large amounts of disposable income.
There are no competitors within the immediate market area that are the same industry as this business.
Growth & Expansion:
Some marketing is in place online, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers.
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