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Posted by Transworld Business Advisors South Yarra on 05/11/2018 in Business

Popular Self-Serve Yoghurt Bar Price Reduced for Sale $55k

$55,000 -


Description

Internal Ref: 32457-752561

Summary

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. Low COGS.

Net Profit

$56,000 pa

Potential

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 profit.

Skills

Customer service, stock buying, staff management, basic business admin.

Hours

Hours of business operations:
Mon- Wed 9.30-5.30 | Thur-Friday 9-9 | Sat 9.00-5.00 | Sunday 10.00-5.00.

Lease

2022

Employees

Casuals x 3 or 1 x Owner - Full time.

Reason for Sale

Overcommitted.

About the Business

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.
Description

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.




KEY POINTS

•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


History

3 Years trading

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.


Food & Beverage Products and Hospitality Suppliers Transworld Business Advisors South Yarra
Transworld Business Advisors South Yarra
(Verified Member)

Contact Sean McBride
Ad Type For Sale
Type of Opportunity Business
Category Food & Drink
Asking Price $55,000 -

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