Yogurtland Franchise in Busy Mixed-Use Shopping Center
Year Established: Business location established in 2014. Franchise established in 2006
Services: Frozen yogurt and toppings sold by weight
SBA Pre-Approval: Business has been pre-approved by SBA for a qualified buyer.
Equipment: 8 three head frozen yogurt machines, refrigerated toppings table, POS, walk in cooler, 3 compartment sink, glycol cooling system, upright reach-in coolers, shelving, staff lockers, tables, chairs, and all small wares, complete list will be provided
Product breakdown: 99% frozen yogurt and 1% bottled drinks
Clients: 100% retail
Lease: Monthly NNN rent $8994 for 1400 SF, 2 years left on lease with (2) 60-month options
Personnel: 10 part time year-round. Additional 2-3 new hires for summer
Franchisor: Yogurtland Franchising, Inc.
Key Requirements: $400,000 Net Worth and $200,000 Liquid Assets (3-months of seasoning), U.S. Citizen or permanent resident, criminal and credit checks, completion of franchisor's training program
Training: Training will take place in Southern California and must be completed prior to change of possession; cost $5000
Timeline: 3 months from accepted asset purchase agreement