Seller's Contact Information
- RE: Philly Frozen Yogurt Franchise - SBA Pre Qualified
- Contact: Richard Collins
Quick Facts
Asking Price: | $574,900 | |
Annual Revenue: | $623,797 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $231,681 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 10 | |
BBN Listing #: | 176855492 | |
Broker Reference #: | 45783-106286 |
Business Overview:
The owner of this franchised Yogurt business has done an incredible job with opening the business, putting great processes in place and hiring the right people as his staff. This has allowed to business to grow every year and will allow a new owner to continue the winning tradition. The business opened in 2013.
With Philadelphia's government's forced shutdown of the business for months in 2020 , business did suffer in that year. The great news about 2021 was the business had it's best year ever (even with the limited business activity and continued restrictions put in place by Philadelphia Government.)
This business is a winner. Unlike other yogurt/ice businesses, this business is open all year. No need for an owner to eat the rent for the months closed as is the case in other similar businesses.
Besides the profitability, another great attribute of this business is the owner's hours. This owner only spends about 20-25 hours a week at the business.
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Reason for Selling:
moving
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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