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Yogurtland Franchise In Busy Mixed-Use Shopping Center For Sale

San Jose, California, US
Asking Price:
$475,000
Sales Revenue:
$709,733
Cash Flow:
$141,526

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

Property Information

Premises Details:

8993.830000

Business Operation

Reasons for selling:

Family requirement

Trading hours:

Days: 7 Days a week, Hours: 12PM to 10:30 PM

Employees:
Part Time: 10
Years established:
8

Franchise Information

Franchise opportunity:

Yes

Contact Sunbelt of San Jose

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