CONFIDENTIAL SALE – Contact the listing broker for further information on location
PRICE REDUCED
Rent $5,745
Price $350,000 Both Locations
Property Type Quick Serve
Building Size 3000 sq ft
Capacity 20 per store
Seating 20 on patio
Parking DDA. Public street and lot parking readily available
Basement Basement
Patio Size 300 sq ft
Land The Kercheval Store is 1,800 sq ft and the Mack Store is 1,200 sq ft
MLCC None
Additional Revenue On Line Sales
Sale Terms Cash or other terms acceptable to Seller
Sales Volume Info available upon request and with execution of confidentiality agreement
Availability For Sale

Description

PRICE REDUCED to $350,000.00 for both locations !!

These Frozen Yogurt Shops have had significant sales 12 months a year; Not just during the Summer.    They have been money makers for 37 years. Opened in 1987 and meticulously maintained through the years, many customers have made this their favorite treat location.  The owner works with the local schools, charities and the community has resulted in a stellar reputation and strong local bonds with the surrounding community.  These stores represents the best in “absentee-owner” controls in place.  With minimal on site contact and periodic review on the internet based camera system (which incorporates an image of the sale receipt on screen), the new owner can continue the same method of operation or take hands-on control and significantly increase the year one bottom line take home income.  Staff in place.  Sales averaged over $400,000 per year per store and EBITDA averaged over $49,000 per year per store.  Net $80,000 the first year as owner-operator or $50,000 more as owner / operator.  It would cost you over $300,000 to open a new location today and you wouldn’t have the sales these already has booked.  Established stores of this brand regularly sell for four times EBITDA.  The finish levels in the front of house are great.  The equipment in the back of house is first class.  Some of which is less that a year old.  Take a look!  You won’t regret it.

You must be able to qualify as a franchisee to purchase this location. Franchisor will not require a remodel on this location.  Other items required for the purchase of this franchise unit will be detailed in their purchase approval documents.
 

Additional Features

  • Downtown walking districts
  • Restaurant Districts
  • Walking city
  • High Density of Rooftops
  • Unlimited lot parking near bye
  • Both Stores Remodeled in 2023
  • Newly Decorated
  • Very Popular Concept
  • $30,000 in Equipment and Site Upgrades in 2023