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Popular National Frozen Yogurt Franchise-fantastic Location-absentee Owner $50,000 Annual Profit

Santa Barbara, California : Restaurants
Listing #2822

Popular National Frozen Yogurt Franchise-fantastic Location-absentee Owner $50,000 Annual Profit RRC#: 2822 Asking Price: $150,000 Location: Santa Barbara, Santa Barbara County, California Yearly Revenue: $317,940 Yearly Cash Flow: $46,800 Monthly Rent: 8300 with triple net LISTING DESCRIPTION: This strong franchise and profitable yogurt shop is internationally well-known with a loyal following. It is located on a major street surrounded by shopping, dining and entertainment with heavy foot traffic. The owner is absentee and the store is run by a strong, experienced manager with ample training. Sales records are verified by franchise software and corporate POS system. The equipment is well maintained and in good working condition. Training is offered thru corporate. Franchise transfer fee is approx $3500-$5000. Royalty fees are 6% on sales and 2% for advertising. Lease is offered thru a corporate sublease. Fully equipped. Seller currently has two locations for sale. GENERAL INFORMATION: Organization: LLC | Year Established: 2016 | Current Owner: 2016 | Parking: Public lots | Licenses Required: Health Dept, Dairy, City License | Days Open/Hours: Sun-Thurs 12PM-10PM, Fri-Sat 11AM-11PM | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $317,940 | Yearly Cash Flow: $46,800 | LEASE INFORMATION: Monthly Rent: 8300 with triple net | Lease Expiration: Oct 2018 | Lease Option: Yes, 5 year | Security Deposit: Yes |

Asking Price:

$150,000

Gross Income:

$317,940

(last 12 months)
Cash Flow:

$46,800

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Popular National Frozen Yogurt Franchise-fantastic Location-absentee Owner $50,000 Annual Profit

RRC#: 2822
Asking Price: $150,000
Location: Santa Barbara, Santa Barbara County, California
Yearly Revenue: $317,940
Yearly Cash Flow: $46,800
Monthly Rent: 8300 with triple net

LISTING DESCRIPTION:
This strong franchise and profitable yogurt shop is internationally well-known with a loyal following. It is located on a major street surrounded by shopping, dining and entertainment with heavy foot traffic. The owner is absentee and the store is run by a strong, experienced manager with ample training. Sales records are verified by franchise software and corporate POS system. The equipment is well maintained and in good working condition. Training is offered thru corporate. Franchise transfer fee is approx $3500-$5000. Royalty fees are 6% on sales and 2% for advertising. Lease is offered thru a corporate sublease. Fully equipped. Seller currently has two locations for sale.

GENERAL INFORMATION:
Organization: LLC | Year Established: 2016 | Current Owner: 2016 | Parking: Public lots | Licenses Required: Health Dept, Dairy, City License | Days Open/Hours: Sun-Thurs 12PM-10PM, Fri-Sat 11AM-11PM | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $317,940 | Yearly Cash Flow: $46,800 |

LEASE INFORMATION:
Monthly Rent: 8300 with triple net | Lease Expiration: Oct 2018 | Lease Option: Yes, 5 year | Security Deposit: Yes |


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