Price: $139,900
Location: Middlesex County, New Jersey
Industry: Fast Food
Listing ID: ff433
Profitable attractive Yogurt Café business which is an exciting self-serve frozen yogurt and a wonderful business opportunity to enter the industry and own a profitable fast-food operation. The business had a gross income of $212,000, a net yearly income of $60,000. The company is in Northern New Jersey, Middlesex County servicing various highly populated municipalities. Their premium and top-quality distinctive flavors are developed by some of the most knowledgeable yogurt innovators in the industry. It has a creamy texture, original flavors and extensive toppings have been praised as the best tasting and highest quality frozen yogurt available. Their customers can expect the same high quality frozen yogurt time after time. They have a wide selection of tasty self-serve yogurt and toppings Sweet and Savory Crepes, and for the caffeine lovers, enjoy the latest taste, Teas. Their customers enjoy these treats with entertainment including music, Wi-Fi access and 6 flat screen TVs. Browse the web and play games with free use of their iPads® and make a Special Event More Special With room for 20, their yogurt shop is the perfect place to relax or hold a birthday extravaganza. No matter what the season, this Yogurt restaurant is the place to go to relax and enjoy a hot or cold delicious, sweet, healthy treat. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator prior to debt service.
Listing Details
Revenue: $231,998
Cash Flow: $60,000
FFE: $85,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Lender Pre-Qualified?: Yes
Reason For Sale:
The owner has an alternative noncompetitive food business not in this particular industry.
Training & Support:
The owner will remain post-closing to supply an appropriate training & transitional period to the new operator.
Operation
Year Established: 2014
Year of Last Acquisition: 2014
Days & Hours of Operation: Days Hours of operation; this business is active five days per week, with hours from 8:00 am to 4:00 pm.
Owner Hours Per Week: Full Time
Employees: Five employees
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 2350
Type of Location: Commercial Avenue
Square Footage: 1800
Relocatable?: Yes
Facilities Information:
This modern fully equipped retail facility consists of 1,800 square feet with an attractive appearance. The business is on an active commercial avenue with various other successful businesses. This opportunity is in Northern New Jersey, Middlesex County which consists of various communities with continued demand for this particular food product.
Summary
Owner Qualifications:
The owner will remain post-closing to supply an appropriate training & transitional period to the new operator.
Competition:
To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Potential Growth:
The business has no marketing plan, basic non-optimized web site and if improved can further develop the gross income.
Financing/Terms:
seller financing has been approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.