MergerPlace

Prime Location Well Established Frozen Y

Weatherford, Texas (Parker)


  • Asking Price: $200,000
  • Gross Income: $361,415
  • Cash Flow: $102,222
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $100,000
  • Listing ID: #205836
  • Established: 2010
  • Employees: 2FT/3PT

Business Description

Office ID: #000604

Prime location frozen yogurt and smoothie store that has recently been remodeled and anchored by many nationwide retailers is available for acquisition. This business was originally established almost a decade ago in 2010 by the current owner of the business. Most of the customers are middle-class families that live in the surrounding densely populated residential neighborhoods as well as the foot traffic from the many retail businesses that is nearby this frozen yogurt store. Net sales average $345,000/year that has been consistent throughout the several years of operation without any marketing done. Although a loyalty system is currently in place, other forms of proactive marketing needs to be fully utilized to generate more cash flow and acquire new customers from untapped areas. Competition can be expected for this type of business, but there are currently no competitors that are within the immediate market area to compete with this business due to couple of them closing down in past few years. There are many ways to proactively market this business such as direct mailing, catering service, social media outlets, building a website, hiring management, more flavors and additional toppings. Hiring a manager to operate the business will allow the owner of the business to fully focus on proactively marketing this business while keeping the books all up-to-date. Recent renovation of this business has also attracted many more individuals to this business and the area as the city is rapidly growing in population. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Texas
Metropolitan Area: Weatherford
County: Parker

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2FT/3PT

Financial Information

Asking Price: $200,000
Gross Revenue: $361,415
Cash Flow: $102,222
FF&E: $100,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a 1,500 SF retail strip center that has recently been renovated and is surrounded by numerous developments of retail business as this city is growing at a rapid pace. All equipment is in impeccable condition and in working order.

Growth & expansion opportunities:

There is no marketing in place at the current time except a loyalty program.

Competition:

There is no direct competitor within the immediate market area.

Reason for selling:

Retirement

Support & Training:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com