SOLD-Frozen Yogurt Shop; Independent, Modern; Xtra Room

Agent: Tina Zeng

$75,000

Description

SOLD ‘Q4 2019!!

Frozen Yogurt Shop; Independent, Modern; Xtra Room –
Garden Grove, CA – (Orange County)
Seller Financing Available!
Zip Code: 92845

Asking Price: $75,000
Cash Flow: N/A
Gross Revenue: N/A
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 2012

Business Description

This bright, fresh, modern and appealing Yogurt shop is independent; not bound to pay franchise or royalty fees.

Located in a nice neighborhood within a high traffic plaza anchored by a busy chain hardware, drug and grocery store and nearly 20 other, popular, primarily personal care shops. Seller invested $459,815 to completely create a modern space that is nearly triple the size of standard yogurt shops! However, the focus has been on providing the best and well-sourced, additive-free yogurt products to its customers.

This is a truly turnkey business offering a substantial value to a Buyer who will not have to invest any improvements for years to come.

The large activity room in back is currently used to host occasional community events, such as Girls Scouts and school fund raising activities. With some marketing, it can be developed into a revenue generating space, such as a child play or birthday party space, a classroom or after sports celebration space.

Google, Facebook, and Yelp offer many positive reviews that average 4.5 stars!

A Buyer with marketing skills and can reduce reoccurring expenses can take this business to the next level.

Photographs includes in the Confidential Information Memorandum crafted by ProNova Partners. NDA is required.

Detailed Information

Employees: 5
Facilities: Rent on the month-to-month lease is $3,500. Store is 4,000 square feet.
Competition: Limited. Landlord’s policy prohibits another yogurt/ice cream shop in the mall.
Growth & Expansion: This business has tons of growth potential. The Seller suggests new owner to utilize the large activity room in the back, advertise, place signage over the street, expand product lines.
Financing: If the price and deal structure is right.
Support & Training: 4 weeks at 20 hours per week.
Reason for Selling: Retirement.

Overview:

The business purchases quality ingredients from quality vendors. The store follows the self-serve format; customers chose a size of container and dispense the frozen yogurt from a selection of flavors. The price of the final combination of customized yogurt and toppings are sold by weight.

In addition to the main front room, the back room can be used for other activities or value-added services. Although frozen yogurt has been around since the 1970’s, the population’s shift toward healthier living in recent years has triggered a frozen yogurt craze that swept the nation.

Proponents say that frozen yogurt offers a healthier alternative to ice cream that’s just as satisfying.