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Self Serve Frozen Yogurt Shop
Location: United States -> California -> Northern California - Bay Area -> Berkeley
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Asking $45k. Well established (since April 2009) self-serve frozen yogurt business located in busy downtown Berkeley with heavy foot traffic. The store is located on Shattuck Avenue and only a block from Berkeley High School, Alta Bates Medical Center, and Herrick Memorial Hospital. It is also a few blocks away from UC Berkeley campus, Berkeley City College, Berkeley Public Library, and Berkeley Bart. Over $240k invested in building, renovating, and setting up the store. The store has great existing clientele and excellent growth potential. This is a turnkey transaction so whatever you see will be yours. Current owners have created systems to have the store running by it with minimal efforts. The staffing, maintaining, and inventory system have become automated. However, current owners both have daytime jobs and due to relocation for one of the owners, the partnership is breaking up. You will be able to immediately continue the current business without making any changes (but of course, it is up to you). Current store owners have setup the store into 100% employee ran. The system requires minimal staffing that only 1 staff is needed at most of the time with 2 staffs working during rush hours. Although the owners are fully absent in running the business, a hands on owner could displace employee wages and net about $36,000 in yearly profit from that alone. Owners could monitor the store's activities by going online and watch the store's CCTV. The store is at a great location with a great inviting vibe. This easy-to-run business has plenty of upside by expanding product offerings and increasing marketing exposure. The current annual sales could be increased with more hands on management, along with the addition of an expanded menu. Will provide trainings for free (you could pick up everything within 3 days. But will assist you for a week if needed).


Financials

Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $40,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  1 week
Reason For Selling:  Relocation due to break up of partnership

Photos

View Larger Photo(s) Of Business
Self Serve Frozen Yogurt Shop Photo 1 Self Serve Frozen Yogurt Shop Photo 2




Print Listing Id: 700159476
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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