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Business For Sale
MRS. FIELDS IN A SHOPPING MALL NEAR FRESNO
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Asking Price: |
$165,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Coffee, Cafe, Dessert
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Reason for Selling:
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Pursue other interests |
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Year Established:
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1995 |
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# of Employees:
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1 Full Time, 7 Part Time |
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Yearly Cash Flow:
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$59833 |
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Yearly Gross Income:
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$307524 |
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Monthly Payroll:
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$4,000 |
Business for Sale Overview:
Located at the only mall in Hanford, CA this Franchise Frozen Yogurt & Snack Retail business stands at the forefront in the cookie and frozen yogurt industry…
Semi-Absentee to Absentee Ownership with sales of $307,524… Easy Concept, Turnkey Operation, and Located at an indoor mall in front of the theatre with great foot traffic, the seller has not been managing the business and has too many unnecessary employees running the show… The discretionary earnings as been adjusted accordingly (based on 7 part-time employees). The current owner has owned the business for 13 years and has recently invested around $55,000 in remodeling the store to its new franchise image (The new owner will receive reimbursements from this investment through rebates on yogurt purchases from the franchisor…so it`s added bonus to the new owner), and is ready to hand over the success to a well qualified buyer. TCBY is around 55%-60% of the sales, Mrs. Fields cookies are 30%-35% of the total sales, and Nathan's Hot Dogs are around 10%-15% of the sales.
Good business for someone who wants a simple retail operation. Franchisor approval and training required.
For more information, please contact James Jun at 310-539-8300.
Property Features and Assets:
680 square feet.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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