High End Yogurt & Smoothie Franchise. RUN COMPLETELY ON AN ABSENTEE BASIS! This business offers frozen yogurt and other healthy frozen options. This location has been established for nearly 7 years and has become best known location in the area. It is a solid franchise name that has been around for over 28 years, long before all the new comers. The location has a rich, high end feel and great reputation. In the past year the business has gross sales of approx. $520,000.00 with a net income of approx. $67,000.00 (run absentee). A hands-on owner could reduce payroll and build sales. That is exactly what we are looking for. Buyers must have some food service experience and at least $169k in liquid capital to cover the downpayment, inventory, deposits, working capital, etc. THE LANDLORD REQUIRES ANY NEW TENANT TO HAVE A NET WORTH OF AT LEAST $750K.
Asking Price: $169,000 Gross Revenue: $520,000Cash Flow: $67,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,000 not included in asking priceFF&E: $150,000 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.
Yogurt & Smoothie Franchise - Rockland County, NY - 27611
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