$217,200.00
Asking Price
Address: Alameda, 94501.
Status: Active
Posting ID: 286493
5/9/24
Description
Are you ready to own a successful and established (since 2015) yogurt franchise in a famous shopping mall with tons of foot traffic and surrounded by household name restaurants and retail? This could be your chance!
The business has been pre-qualified by the SBA lender for up to 85% for a qualified buyer.
For the right Buyer, this could be an excellent opportunity to acquire a successful profitable froyo business opportunity with a stable and strong gross sale, growing consistently year on year.
A coveted location in a prime shopping mall in this up-scale city in the East Bay would provide predictability in high traffic and steady increases in annual gross income. Anchor tenants at this prestigious shopping mall include Target, Safeway, Michaels plus household brand retail like Panda Express, Chipotle, Jamba Juice etc.
This popular 1,202 sq. ft froyo franchise was established in the same location at this prestigious shopping mall since 2015. Ample parking at the store front and mall parking is plentiful.
No same brand name froyo store competitors within 20 miles.
The interior is designed to facilitate a positive and flawless self-service experience for all its customers. It is cheerfully decorated with a delightful welcoming ambience.
Absentee Ownership: The Owner manages the store absentee with 9 experienced PT employees.
Fully turnkey simple operation with the support of a globally recognized and trusted frozen yogurt franchise providing training and guidelines in branding, business management and marketing for a seamless transition to the buyer.
There will be requisite training for 2 weeks at the franchise corporate office. The seller will provide 2 weeks additional training at the local store.
Opportunity: Seller did all the heavy lifting building the store from ground zero, investing close to $600,000 startup funds to build the store per Franchisor’s specifications and guidelines in 2015.
The right Buyer today will benefit from taking over an established lucrative franchise store in a high-traffic area with a solid financial foundation and proven consistent, stable growing sales.
Asking Price:
$217,200
SBA loan: up to 85% for a qualified buyer for a 10-year loan
Investment Requirements:
Franchise approval process
Minimum Net Worth of $1million
Company Overview
General Information
- Organization: LLC
- Year Founded:2015
- Employees: 9 PT
- Owners 2 absentee
- Days Open/Hours: Mon -Sun – 12pm to 8.30pm
- Reason For Sale: other interests
Financial Information
- Annual Rev: $638,380
- Monthly Rev: $53,198
- Annual SDE: $67,245
- Monthly SDE: $5,603
Lease Information
- Sq. Ft. 1,202
- Seats: 11 inside. Licensed for 26 seats in total
Ø Rent: $5,901.13 + NNN per month
Ø Lease Expiration:10/2030 + option to renew
Ø Parking: Abundant
DISCLAIMER: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors for this information.
To get more information about this Yogurt Franchise - Absentee Run, SBA Loan Qualify business for sale in Alameda please phone Soo Kong Lim (Broker - BRE License #:017784483) at 408-828-9784 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286493 on BizBen.com. In addition to phoning Soo Kong Lim, make sure you email Soo Kong Lim above to get more info about this Yogurt Franchise - Absentee Run, SBA Loan Qualify, to ask any questions or request an appointment to see this business for sale. Thank you. License # 017784483. Intero Real Estate Inc..
Contact
Details
Asking Price: $217,200.00
Down: 15%
Cash Flow: $67,245.00
Revenue: $638,380.00
Area: Alameda
City: Alameda
Attributes:
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