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This Business has been Sold!
Closing Date: 11/28/2016

Business for Sale Summary

Frozen Yogurt Business and Chocolate Business - 28077

Business Type: misc. retail/non-classifiable,other eating & drinking places,ice cream parlour
Sold
Frozen Yogurt Business and Chocolate Business
On November 28th 2016, The Undersigned
Acted as the Advisor to the Deal
Nathan F. Goldstein
Nathan F. Goldstein Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NJ and NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $150,000
Gross Revenues $266,120 Lease Remaining Register Free to View
Owner’s Cash Flow $108,720 Number of FT Employees Register Free to View

Financing

$150,000 Down and Negotiable

Business Description

High performing frozen yogurt and ice cream store netting over $110,000/year in profit. The current owner must sell ASAP because of a family emergency. The price has been reduced from $250,000 to $199,000, but at this point, all reasonable offers will be considered. This year is expected to be a record year with sales approaching $300,000 and with weather getting warmer every year, things are only looking up. This is a well established business that has been in the community for about 5 years with a large base of regular customers. The store also has relationships with local schools and gyms in the area that brings in business. This store was designed to be a franchise with high-end finishes, machines and computer system, that cost over $400,000 to build out less then 5 years ago. It was converted to an independent brand, so there are no franchise fees. Now you are paying half the price for the same store because the owner needs to move out quickly. This deal also includes a fully approved chocolate business that has the potential to add over $100,000 to the cash flow by increasing sales during the winter months, specifically through Halloween, T hanksgiving, Christmas and Valentines Day chocolate sales. This also removes seasonality from the business and gives you strong cash flow all year. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.