Owner selling after 10 years. International self serve yogurt franchise with strong customer base, quality custom yogurt and national recognition. Located in the beautiful city of Santa Monica blocks from the beach, city college, residential housing and directly across the street from a 300,000 sq.ft. corporate office building, next to Starbucks. Customers enjoy creating their own desserts with a variety of fun and innovative flavors and toppings to choose from. Local training in corporate store is offered. Operating Sun-Thurs 12pm-10pm, Fri-Sat 12pm-11pm. Franchise fees are 6% of sales and 2% for marketing. Equipment includes: 7 Taylor yogurt machines, corporate POS system, security and camera system with 8 cameras, walk-in freezer, 2 door freezer, 1 cold topping display case, 1 dry topping display case, 12 tables, 25 chairs, 3 comp dish sink. Complete with 2 ADA bathrooms and over 100 parking spaces. Seller is moving out of state.

General Info

  • OrganizationContact For Info
  • Established2011
  • Current Owner2011
  • Employees5
  • Reason For SaleOther Interests

Facilities

  • Seating18 indoors/20 outside
  • Square Feet1335
  • ParkingParking lot
  • LicensesCity business license, Health Dept. & Dairy License
  • Open HoursMon-Thurs 12pm-10pm, Fri-Sat 12pm-11pm

Lease

  • Rent$5,800
  • ExpirationJune 2020
  • Yearly Increase10% every 5 years
  • Option2-5 year
  • DepositContact For Info

Financials

  • Monthly Revenue$24,167
  • Monthly Cash Flow$4,917
  • Annual Revenue$290,000
  • Annual Cash Flow$59,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location