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Business for sale in USA - Yogurt stores self serve with 2 locations

Asking Price: 575,000 $ US Real Estate: Lease
Sales Revenue: 635,000 $ US
Net Profit: 182,000 $ US
Year Established: 2007
Employees: 4PT
# of family members employed: 1FT, 1PT
Location criteria:
USA/California/Campbell

Business types:

Accommodation & Food services

Business categories:

Ice Cream Parlors

Business description

These are two non franchise self serve yogurt stores showing excellent sales and net income. young seller has developed a health problem and is motivated to sell. The seller will carry 50% of the purchase price to a qualified buyer for 60 months @ 6.5%. The two stores have been open since oct 2007 and march 2009. The below gross and cash flow have been consolidated and annualized for both stores for the last six months of 2008 and the first six months of 2009 from seller provided p&l's. Buyers will need to conduct due diligence to verify these numbers and will need to provide evidence of a sufficient cash down payment and working capital as bank financing is not available due to short history of the business.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: Health Issue
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: 5 year option
Location: Not Disclosed

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