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Texas Restaurants Business For Sale 26221

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Restaurants Businesses For Sale
UNION BAY GROUP
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103
UNITED STATES

p.2067831717
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Category: Restaurants SIC:
Detail: N/A Price: $80,000
County: Down: $30,000
State/Prov.: TX Adj Net: $23,477
Country: USA Sales: $310,349
Relocatable No Home based No Franchise No Lender pre-qualified No
Selling for less than value of equipment and inventory

PRICE CHANGE: MUST SELL NOW !!



MegaBite Restaurant & Bar Brokers offers, for your ownership consideration, a 5-year old TCBY franchise, providing soft serve and hand-scooped Frozen Yogurt and toppings to Keller and North Fort Worth. Located in the busy Parkwood Plaza shopping center, the business serves customers of all ages providing multiple options to enjoy frozen yogurt such as waffle cones, shakes, shivers, cold drinks, coffee and take-out quarts. Traffic is driven to the shopping center by adjacent stores such as Subway and Smashburger and anchored by a large Academy Sports store. The business has easy access along on a busy major road (estimated 25,000 vehicles per day) with two High Schools, Middle School and many others nearby. The business currently sells at a High School once per week. A new owner could add school locations to improve sales.<
1) continue to operate as a TCBY franchise

2) convert to an independent frozen yogurt business

or 3) purchase as a package (and relocate by the buyer)

The business will benefit from a hands-on owner-operator. The business day to day operations have been overseen by an experienced store manager, who will be leaving at the end of the summer. Many growth opportunities exist for a new owner such as hands-on owner operation, better promotion, expansion in schools and catering advertising.

The estimated cost for a new, unproven location is approximately $200,000 to 490,000. This includes the initial franchise fee, startup costs, equipment, opening inventory and supplies, lease deposits, startup marketing and working capital. Actual costs vary depending on individual locations and other circumstances. The franchise agreement has a defined exclusive territory. A prospective new franchisee must have a net worth of at least $200,000, a minimum of $100,000 in liquid capital and good credit.

The asking price for the assets of the business is $50,000 ALL CASH OR $80,000 with $30,000 cash down plus $50,000 seller financing (3 years, 8% interest, monthly payments of approximately $1,566.82) to a purchaser qualified/approved by the seller. The seller prefers ALL-CASH. The assets include inventory at cost of $8,000 and FFE (Furniture, Fixtures and Equipment) valued at $50,000. Purchaser is responsible for any franchise transfer fees (estimated at $5,000).br>
KEYWORDS: smoothies toppings granola dessert non-fat low-carb gluten-free vegan dairy-free tart self-serve low-fat Pinkberry TCBY Red mango yogurtland sweetFrog menchie?s custard milkshakes ice cream bars sundaes flavors cones cups vanilla smoothies toppings dessert non-fat dairy-free self-serve baskin-robbins marble slab creamery parlor blue bell scoops truck gelato sorbet Sell my frozen yogurt shop For Sale

Facilities:The store consists of ~1,400 SF and located in a busy strip center, anchored by Academy Sports. It consists of a dining area, backroom with walk-in freezer and fridge, two restrooms plus outside seating area.

Competition:The frozen yogurt industry is very competitive. The local market has a range of bars from small neighborhood local mom & pops to large national chains. Local competitors included Wild Blueberries Frozen Yogurt, Woolley?s Frozen Custard, sweetFrog Premium Frozen Yogurt and Yogurtville. However, the owner feels that there no local competitors offer comparable range of products, quality and service.

Growth & Expansion:This is a strong location with excellent potential. Currently, the business markets via roadside banners/signs and a free standing insert sent out every 3 months by TCBY corporate. A new owner can continue to grow the business and profits in several ways: 1) Hands-on owner-operation, 2) Improve labor and cost management, 3) Internet marketing via FB page, emails, Yelp, ? , 4) Pursue Catering events, 5) Local Advertising, 6) Manage Expenses (labor/inventory) closely, 7) Facebook presence, 8) Pursue additional High Schools to sell in their school (currently sells to one)

Financing:Price $50,000 ALL-CASH or $80K with $30k down and $50k Seller-financing

Support & Training:A new franchisee is required to attend and complete initial training to become a certified Franchisee (prior to the purchase) at the franchisor?s home office in Colorado. Additionally, seller will train buyer for 4 weeks after closing, included with the purchase price. The seller is willing to consult for a longer period of time, if desired by a purchaser, at mutually agreed compensation.

Reason for Selling:Owns an unrelated business and does not have enough time for both

Franchise:This business is an established franchise
A/R: Real Estate: $
Inventory: $8,000.00 Other Assets: N/A
FF&E: $50,000.00 Total Assets: N/A
Leasehold: $ Included: N/A

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