Listing Number: 32457-752561
PRICE: $55,000 + (Stock at Value)
Takings: $199,557 pa | Rent $81,955 pa | $1,576 pw
OWNERS EARNINGS / NET PROFIT: $56,066k
Since opening in 2015 the Froyo shop in the heart of Broadmeadows has become a very well-known and popular destination for many age groups offering a variety of self-serve frozen yoghurts. The store has a strong local presence, brand recognition, is easily run and with an 18% Cost of Goods – so great margins.
Surrounded by schools, universities, shoppers, staff and on entry to a popular food court.
Hours of business operations:
Mon- Wed 9.30-5.30 | Thur-Friday 9-9 | Sat 9.00-5.00 | Sunday 10.00-5.00.
Casuals x 3 or 1 x Owner - Full time.
Customer service, stock buying, staff management, basic business admin.
The business is ready for growth and would benefit any new owner to either simply take over and run or ramp up with Database Marketing, Social Networking, Sample tastings & Price Increases.
Owner occupier to replace teenagers and promote the business. Add social media presence | Surrounded by schools, colleges and Tafe.
Owner has failed to keep up with industry changes and support from franchisor by not being present at store. And still turning a healthy profit.
Reason for Sale
3-year trading history.
About the Business|Owners contribution
Run under Casual management, owner has never worked this business and therefore allows for a vast improvement to be made to promote and improve this already profitable business.
Tasks would include:
Preparing the shop for service, liaise with customers and suppliers.
Dealing with general business, accounts and stock control.
Very cheap entry for an owner occupier to work solo or share with family. Great center location and beautiful fit-out with strong visual appearance. Could do with owner actually working and promoting the product. Very low COGS so ample opportunity to sample products to passersby.
A leader in the Froyo sector, this opportunity offers 1 Year royalty free period to new owner to enable growth. New franchise management team in place to support handover and promote store. Clean financials.
Only frozen yogurt and toppings bar in area. Made fresh daily. Frozen yogurt, sorbet and ice-cream under the same roof. Great location on fringe of food court for passing trade.
• No competition
• Cheap entry level at fraction of original expense
• Strong brand recognition and visuals
• 1 x year Royalty free period
• Central location
• 18% Cost of Goods
• Self-serve/easy to operate, currently run by casual teenagers
• Clean financials
Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.
- Price: $55,000
- Down Payment: TBD
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Inventory: $0
- FF&E: $0
- Reason for Selling: Overcommited
- Category: Food Business Retail