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Oakland County

  • Listing No.: 217-20122

  • Category: Food - Restaurant

Asking Price $30,000
Down Payment $30,000
Gross Revenue $123,453
Total Adjusted Net Income $30,574
Equipment / Fixtures $97,872
Year Established 2012
General Location Oakland County
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This frozen yogurt business is a former franchise. Get the best of both worlds by owning an established operation in a great location without the large investment or ongoing franchise fees. This is an opportunity to build on the momentum of a shop that has great reviews on par with the best frozen yogurt shops around. The price includes all equipment and a store build out that has generated revenue since 2013. Over the past year, the Seller has been working in the business while simultaneously pursuing education in an unrelated field. The Seller has not focused on advertising or expanding product offerings to take full advantage of the leased space.

Gross Revenue $123,453 Listed Price $30,000
Total Income $30,574 Down Payment $30,000
Base Rent $4,162 Square Feet 2000
Total Rent $4,947 Lease Expiration 03/2023
Rent Deposit $4,488 Lease Options 1 / 5
Inventory $3,000 Leasehold Improvements $0
Equipment / Fixtures $97,872 Other Assets See equipment list
Full-Time Employees Training Period 14 Days not to exceed 20 hours per week
Part-Time Employees Special License Required Food Safety Certification with State of MI every 5 years
Contract Staff Reason for Selling Pursuing a different career path

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.