Asking Price: $200,000 Gross Revenue: $361,415Cash Flow: $102,222 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $100,000 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 and smoothie store that has recently been remodeled and anchored by many nationwide retailers is available for acquisition. This business was originally established almost a decade ago in 2010 by the current owner of the business. Most of the customers are middle-class families that live in the surrounding densely populated residential neighborhoods as well as the foot traffic from the many retail businesses that is nearby this frozen yogurt store. Net sales average $345,000/year that has been consistent throughout the several years of operation without any marketing done. Although a loyalty system is currently in place, other forms of proactive marketing needs to be fully utilized to generate more cash flow and acquire new customers from untapped areas. Competition can be expected for this type of business, but there are currently no competitors that are within the immediate market area to compete with this business due to couple of them closing down in past few years. There are many ways to proactively market this business such as direct mailing, catering service, social media outlets, building a website, hiring management, more flavors and additional toppings. Hiring a manager to operate the business will allow the owner of the business to fully focus on proactively marketing this business while keeping the books all up-to-date. Recent renovation of this business has also attracted many more individuals to this business and the area as the city is rapidly growing in population. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000604
For more info, please call Kevin Chung at 1-866-519-2421.
About the Business
Parker County, Texas
Number of Employees:
This business is located in a 1,500 SF retail strip center that has recently been renovated and is surrounded by numerous developments of retail business as this city is growing at a rapid pace. All equipment is in impeccable condition and in working order.
There is no direct competitor within the immediate market area.
Growth & Expansion:
There is no marketing in place at the current time except a loyalty program.
Prime Location Well Established Frozen Yogurt Shop
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