FOR SALE: YOGURT SHOP Metro Detroit Area, Unit 1

CONFIDENTIAL SALE - Contact us for information about this listing

Listing Information

  • $249,000
  • Type: Quick Serve Restaurant
  • MLCC: No
  • Building Size: 1200 sq ft
  • Availability: For Sale
  • Sale Terms: Cash or other terms acceptable to Seller
  • Basement: N/A
  • Capacity: 18 Seats Inside, Carry Out
  • Seating: 18 Inside
  • Sales Volume: Greater than $300000
  • Parking: Public and Private Parking
  • Lease Terms: $1800 per month NNN

Full Details

Business Summary
This Yogurt store has been a money maker for 36 years. Opened in 1985 and remodeled in 2012 and 2022, many years of customers have made this their favorite location. The owner’s work with the local schools, charities and the community has resulted in a stellar reputation and strong local bonds to the surrounding community.
This store represents the best in “absentee-owner” controls in place. With minimal weekly on site contact and periodic review of the internet based camera system, the new owner can continue the same method of operation or take hands on control and significantly increase the year one bottom line income. Staff in place. Sales averaged $382,500.00 per year and EBITDA averaged $63,086.00 per year for the last 3 years. Net $93,000 the first year as an owner-operator or $63,000 or more as an absentee owner with minimal weekly on-site contact. It would cost you over $300,000.00 to open a new location today and you won’t have the sales this one already books. Established stores like this one regularly sell for four to 6 times EBITDA. The finish levels in the front of house are great. The equipment in the back of house is first class. Take a look. You won’t regret it.

Property Features

  • Located on Busy 4 lane road in residential neighborhood.
  • Very popular concept
  • High visibility
  • Newly Decorated
  • $16,000 in recent equipment upgrades
  • Private Parking Lot as well as street parking
  • Remodeled in 2022
THG Office
203 Chicane Lane
Pontiac, Michigan 48341