Two Established Frozen Yogurt Shops - NW Suburbs

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Asking Price:
$225,000

Gross Revenue:
$415,720
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

These two stores are located in the far northwest suburbs and have been a valued part of the local communities for years. The locations are in prime strip mall locations on major thoroughfares with incredible traffic and visiblity. The adjoining businesses are non-competing food establishments making this a perfect stop for dessert afterwards. The business has relationships with other businesses in the area and discount cards provide a steady stream of new and eventually repeat customers.

The business is easy to learn and manage. The customer base is younger but the location is popular with all age groups including families and seniors. The gross margin is around 23% and labor costs are 21% even with the current owners as absentee. Labor is not a problem as the local high schools provide for a steady source of reliable part time help (despite the current labor shortage) plus create name recognition among peers. Each location has 5 Taylor yogurt machines which cost $15,000 each when new.

The owners are selling due to career demands. The business is cash flow positive. All inquiries must include the non-disclosure and identify sources of financial capability. Detailed financial information will be available after first meeting with owner.

About the Business

Year Established:
2010
Number of Employees:
18
Real Estate:
Leased
Building Sq. Ft.:
3,000
Facilities:
Two stores located in strip malls on major thoroughfares. The locations are turn key.
Market Outlook/
Competition:
There are no similar businesses within the vicinity. The business is an impulse purchase for people in the vicinity but also a destination for the local community. They have developed realationship with other businesses in the area.
Growth & Expansion:
Future plans could include working further with schools, churches and other non-profits for fundraising, which also generates repeat customers. Also there is potential for product placement of prepacked items esp in schools since the product is considered healthy.
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About the Sale

Reason For Selling:
Both owners have very demanding carees and cannot devote time to the businesses.
Training/Support:
Owners will provide free initial training plus telephone support as need.

Listing Info

ID:
1614548
Ad Detail Views:
0

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Business Listed by

Dan Eitel

VR Business Brokers of Oak Brook

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