Business Overview:
Year Established: Business location established in 2014. Franchise established in 2006
Services: Frozen yogurt and toppings sold by weight
SBA Pre-Approval: Business has been pre-approved by SBA for a qualified buyer.
Equipment: 8 three head frozen yogurt machines, refrigerated toppings table, POS, walk in cooler, 3 compartment sink, glycol cooling system, upright reach-in coolers, shelving, staff lockers, tables, chairs, and all small wares, complete list will be provided
Product breakdown: 99% frozen yogurt and 1% bottled drinks
Clients: 100% retail
Lease: Monthly NNN rent $8994 for 1400 SF, 2 years left on lease with (2) 60-month options
Personnel: 10 part time year-round. Additional 2-3 new hires for summer
Franchisor: Yogurtland Franchising, Inc.
Key Requirements: $400,000 Net Worth and $200,000 Liquid Assets (3-months of seasoning), U.S. Citizen or permanent resident, criminal and credit checks, completion of franchisor’s training program
Training: Training will take place in Southern California and must be completed prior to change of possession; cost $5000
Timeline: 3 months from accepted asset purchase agreement
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Real Estate License ID: 01229641
Reason for Selling:
Family requirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Relevant Links: