Frozen Yogurt
Morris County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $99,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$1,500 (included in the asking price)
Business Summary:
Brand new frozen yogurt store in a strip mall on a main street in very affluent Chatham Township. ASSET SALE consisting of Furniture, Fixtures, & Equipment valued at approx. $100,000. Sellers "build out" was approx. $225,000. Tremendous potential to increase sales due to heavy traffic from 5th largest Shop Rite in NJ directly across the way.6 schools in town & within (4) miles of (3) colleges should bring in many more kids, especially with advertising & promotion. Lease payment $3,200 & CAM $255 per month. For further information, please contact Seth L. Kain at 908-851-9040 , or 201-317-4710
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| Year
Business was Established: 2012 |
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| Number of Employees:
7 PT |
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| Facilities / Terms of Lease:
1,350 sq. ft. Ample Strip Mall Parking due to the archer store & many other businesses. Store just opened in 10/12 so the Furniture, Fixtures, & Equipments are brand new. 3 year lease began in 10/12. Business has (2) three year options. |
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| Potential
Growth/Expansion:
6 schools in town & within 4 miles of 3 colleges. With some advertising & promotion , new owner can increase sales significantly. There’s also several nearby parks and churches. Anchor Store which is now vacant, will be occupied sometime in (of strip mall) either March or April of 2013. Across from the 5th largest Shop Rite in NJ. |
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| Competition:
Closest direct competition is approximately 2 miles away in Madison. There aren’t any ice cream shops in Chatham Township. The closest one is on Main Street in Chatham. |
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| Owner
willing to finance:
$115,000; 7% over 3 years (all negotiable) |
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| Owner
willing to train:
Minimum/Training- just to go over how store operates |
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| Reason for selling:
Partners have other business interests & neither has the time to oversee the stores operations. |
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| REQUEST MORE INFO |
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