| Rent | $3,945 per month |
| Price | $190,000 |
| Property Type | Quick Serve |
| Building Size | 1800 sq ft |
| Parking | Public & Private |
| Basement | Full Basement |
| Patio Size | 200 sq ft |
| MLCC | None |
| Sale Terms | Cash or other terms acceptable to Seller |
| Sales Volume | Greater than $400,000 |
| Availability | For Sale |
Description
PRICE REDUCED to $190,000.00!!! This TCBY Yogurt Shop has significant sales 12 months a year; Not just during the Summer. It 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. 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.