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Yogurt Cafe For Sale

Passaic County, New Jersey, United States
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Asking Price$250,000
Revenue$358,156 Established2012
Cash Flow$78,966 Employees8 full-time
FF&E$150,000* FranchiseYes
Inventory$1,200 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This retail Yogurt Café business is the most exciting franchise opportunity in self-serve frozen yogurt and now is your chance to get in on the ground floor of this exciting, booming business and own a profitable fast food franchise. The business has a gross income of $358,156 and a 2015 net yearly income of $78,966. The company is located in Northern New Jersey servicing various highly populated municipalities. This franchise has an incredible culture that focuses on their franchisees’ success. With their team of franchising experts, they have developed a system that will help you maintain your business and provide you with a competitive advantage in your market. As a franchisee, you will have access to all of our support systems and expertise as well as their trade secrets and unique strategies. Their comprehensive support system exists to provide you with an excellent business model and all the necessary training and assistance you’ll need to create a thriving business. Their staff includes experts in advertising and marketing, general contracting and construction management, business development, and all facets of your business operation. Their constant efforts and economies of scale help keep product costs low and consistent product availability. Additionally, you will benefit from their brand recognition and the integrity of the franchise name. Their premium and top-quality distinctive flavors are developed by some of the most knowledgeable yogurt innovators in the industry. It has a creamy texture, original flavors and extensive toppings have been praised by the masses as the best tasting and highest quality frozen yogurt available. The name assures your customers that they can expect the same great quality frozen yogurt time after time. The business assets, based on the past year’s corporate tax returns is approximately $150,000. The sale consists of a fully equipped commercial yogurt shop, which includes various refrigeration & freezer units, displays, shelving, tables and chairs, POS system, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This business has eight-part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $3,950. Owner presently works approximately ten hours weekly. The business has an assignable commercial lease which expires 2023-01-01 plus additional options, with a monthly rent of $3,592 and rent security $6,500. The cafe is located in an attractive commercial mall which consists of 1,970 square feet and has a capacity for approximately twenty customers. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week during summer and four days during winter, with hours from 12:00 am to 9:00 pm. The sale includes franchise location approval, a certificate of occupancy from the particular municipality and the required state or city food licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 33% investment return to the owner operator prior to debt service. The 2015 yearly gross income is $358,156 and the business has a yearly net income of $78,966 based on an onsite owner operator and prior to debt service. The business has been valued at $250,000, based on a multiple of approximately three times the average net yearly income which includes the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Franchise transfer fee is $5,000; royalty fee is 6% of gross sales. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:This modern fully equipped retail facility consists of 1,970 square feet with a clean attractive appearance. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is located in Northern New Jersey, which consists of various affluent communities with continued demand for this particular food product.
Competition:To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business has a standard marketing plan, basic web site and if improved can further develop the business bottom line net income.
Training/Support:The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The owner is semi absentee and presently has a special needs child.
Ad #86129
Seller Reference #FF309
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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