Self Serve Frozen Yogurt Shop

www.GlobalBX.com

Listing ID: 700159476

Listing Title: Self Serve Frozen Yogurt Shop

Quick Link: http://www.globalbx.com/listing.asp?bId=159476

Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: California

Area Northern California - Bay Area

City: Berkeley

Asking Price Range: < $250K

Gross Revenues: $150,000

Cash Flow: $40,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2009

Number of Employees: 6 - 9

Business Description:
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).



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