Ice Cream Shop for Sale Making $376,000 Gross Sale!

, California 6 views 0 favorites

Financial Highlights
Asking Price
$175,000
Revenue
$376,000
Business Description

This profitable and well established, very popular frozen yogurt franchise is a fully turn-key, semi-absentee run operation located in a high-traffic, highly desirable shopping center in the Tri-Valley area. The current owners invested a tremendous amount of effort and financial resources into building out the space to a high standard. All of the company assets are included in the asking price. Buyer must also purchase the two additional franchise location licenses for $52,000. Located off of a main street with excellent traffic exposure, the business is surrounded by restaurants, retail, grocery stores, and banks and is close to residential neighborhoods. This business has very low operational costs and upkeep due to the simplicity of the business model and the lack of need for a large staff to run it optimally. The owners allocate only 15-20 hours/week to supervising the business and administrative tasks. Because of the simple business model, with established franchise systems in place, no prior experience is needed. Excellent training is provided by the franchisor. Sales have continued to grow year over year since the doors opened nearly four years ago. Seller claims gross revenue for the year of 2019 is on pace to hit over $375,K, with the Seller's Discretionary Earnings (SDE) of $96,K. This is a 13% increase over 2018. There are very healthy margins and it's an extremely lean and efficiently run operation. An owner operator could increase SDE significantly by reducing payroll expenses even further. A new owner could increase revenue by focusing on growing catering and school/fundraiser sales. This business is highly suitable for an investor seeking a standardized, low-maintenance business model that is already cash-flowing very well. Location: Contra Costa County, California Year Established: 2015

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 1 week ago

Views: 6

Favorites: 0