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For Sale: Frozen Yogurt Franchise - Santa Barbara

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Current Status: Active     Posting #: 236488     Last Refreshed: 1/29/18     BRE License #: 01310250    
Contact: Steve Zimmerman At 415-945-9701  -  Also Email This Contact Below
Price:  $65,000     Down:  Call     Adjusted Net:  $46,800     Revenue:  $317,940    
Business Address:  None Given     City:  Santa Barbara     Zip:  None Given    
Attributes:  Training & Support     Cooperation With Brokers?  Call
Santa Barbara Frozen Yogurt Franchise Business For Sale

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  Description About This Posting: Frozen Yogurt Franchise
Prime state st. Location w/heavy foot traffic perfect for franchise or other concept-bring an offer!

Rrc#: 2822
Asking price: $65,000
Location: santa barbara, santa barbara county, california
Yearly revenue: $317,940
Yearly cash flow: $46,800
Monthly rent: 8300 with triple net

Listing description:
Perfect for an operator wanting strong exposure and high foot traffic. Seller is currently operating a national franchise yogurt shop but the seller can cancel the franchise agreement to allow for a new or different concept. 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 |

To get more information about this Frozen Yogurt Franchise business for sale in Santa Barbara please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #236488 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Frozen Yogurt Franchise, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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