TCBY YOGURT SHOP Metro Detroit Area, UNIT 1
Business Description
PRICE REDUCED!!! This TCBY Yogurt Shop has significant sales 12 months a year; Not just during the Summer. It has been a money maker for 39 years. Opened in 1985 and remodeled in 2012, many years of customers have made this their favorite location. The owner’s work with the local schools, charities and the community has resulted in a stellar reputation and strong local bonds to the surrounding community. This store represents the best in “absentee-owner” controls in place. With minimal weekly on site contact and periodic review of the internet based camera system, the new owner can continue the same method of operation or take hands on control and significantly increase the year one bottom line income. Staff in place. Sales averaged $382,500.00 per year and EBITDA averaged $63,086.00 per year for the last 3 years. Net $93,000 the first year as an owner-operator or $63,000 or more as an absentee owner with minimal weekly on-site contact. It would cost you over $300,000.00 to open a new location today and you won’t have the sales this one already books. Established stores like this one regularly sell for four to 6 times EBITDA. The finish levels in the front of house are great. The equipment in the back of house is first class. Take a look. You won’t regret it.
About the Business
- Years in Operation
- 40
- Employees
- 11
- Franchise
- This business is an established TCBT Yogurt franchise
- Facilities & Assets
- This store is in perfect condition with many recent upgrades. $16,000.00 worth in 2023 alone.
- Market Outlook / Competition
- Only game in town
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $1,800.00 per month
About the Sale
- Seller Motivation
- 7 food service businesses in Metro Detroit. Something has got to go.
- Transition Support
- Transition support can be available to new owner. This is a franchise and the Franchisor will also provide support and assistance.
Listing Info
- ID
- 2253674
- Listing Views
- 918
Attached DocumentsAttachment Disclaimer
Listing ID: 2253674 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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