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Two Established Frozen Yogurt Shops
Location: United States -> Illinois
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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 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.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $415,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Career demands of owners.




Print Listing Id: 700332684
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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