Well Established National Yogurt Franchise with Absentee Owner

San Mateo County, CA

Well Established National Yogurt Franchise with Absentee Owner
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Asking Price: $99,000

Cash Flow: $75,000

Gross Revenue: $447,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $4,411 per Month

Established: 2012

Well Established National Yogurt Franchise with Absentee Owner

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Business Description

Well Established National Yogurt Franchise with Absentee Owner-Good Income!

RRC#: 3763
Asking Price: Offered At $99,000
Location: San Mateo County
Annual Revenue: $447,000
Annual Cash Flow: $75,000
Monthly Rent: $4,411.55 rent $2423.33 cams

Listing Description:
Cheerful, self-serve yogurt franchise with nearly $450,000 in sales. Super easy to run with great staff. Corporate training is provided. Selling yogurt, cakes, snacks etc. Currently absentee owner run. Catering opportunities with corporate accounts and schools adds to the potential of this store. Open daily 2PM-8PM. Offers indoor and outdoor seating with large covered patio & attractive lighting. Covid has changed the operation somewhat, staff now serves customers at the front of the store. Covid sales March-June have averaged approximately $20,000 per month. Income with absentee owner is approximately $53,000 a year, income with owner working 30 hours a week is approximately $75,000 a year. Labor and operating hours have been reduced during Covid. Equipment includes: 8 double yogurt machines, walk in refrigerator, triple freezer, chill bar, POS system, etc.

General Information:
Organization: Inc
Established: 2012
Current Owner: 2014
Employees: 6
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $37,250
Monthly Cash Flow: $6,250
Annual Revenue: $447,000
Annual Cash Flow: $75,000
Payroll: Contact For Info

Detailed Information

Location:
San Mateo County, CA
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
12/1/2022
Employees:
6
Facilities:
Hours: Daily 2PM-8PM Parking: lot
Financing:
Rent: $4,411.55. Cams $2423.33
Reason for Selling:
Other Interests
Franchise:
This business is an established franchise
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Teri Craft

Business Listed By:
Teri Craft

Restaurant Realty Company


Sponsoring Broker:
Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

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Ad#:1769543

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