Frozen Yogurt
Somerset County , New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $350,000 |
$340,000 |
$127,800 |
Inventory Value:
$2,500 (included in the asking price)
Business Summary:
Self Serve frozen yogurt shop on heavily traveled. Large 2,000 sq. ft. store w/ seating for 24+. Includes 7 soft serve machines, & 4 flat screen TV's. Furniture, Fixtures, & Equipment of $125,000. Build out was $180,000. Lots of foot traffic from numerous restaurants and other shops. New 300 unit residential complex going up across the street should substantially increase sales. Many area schools including 3 high schools & town-sponsored events, brought in a lot of new business, & continues to grow. Parking available in front & thru rear entrance for hundreds of cars. Reasonable rent for store size & "prime" location. Expenses higher in 1st year due to start-up costs including additional advertising. Figures reflect 2013 projections & some actuals. For further information, please contact Seth L. Kain at 908-851-9040 Ext. 287, or 201-317-4710
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| Year
Business was Established: 2012 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
2000 sq. ft. Exactly 1 year old equipment (put in January 2012). Parking (Street) right in front and a back entrance to a lot with hundreds of spaces (.25 per hour on and back). Condition of equipment is great. 7 years left on lease +2 (5) year options. Landlord will work with a new owner. |
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| Potential
Growth/Expansion:
There’s a 300 unit complex being built across the street (on Main Street). Many areas/schools including 3 nearby high schools. With good advertising & continued promotion (town-sponsored events), a new owner can increase sales substantially. |
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| Competition:
No other yogurt shop within a couple of miles. There are a couple of ice cream shops within 2 miles. |
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| Owner
willing to finance:
Owner will consider owner financing |
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| Owner
willing to train:
Up to 2 weeks at the store. Owner lives in the area and will make himself available for as long as needed. |
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| Reason for selling:
Owner has other business interests. He built it with the intent to sell it within 1-2 years time. |
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| REQUEST MORE INFO |
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