This business has been established since 2012 in it current location. The business has grown steadily since being established. The hours of operation change from Spring to Winter. This is located in a very busy strip mall. The Franchise has some requirements to be met for a new purchaser. The current lease requires a Letter of Credit from a new tenant for a period of 3 years in the amount of $27,000.00 The rental rate is $30.00 per sq.ft. and the space is 1789 sq.ft. plus a common area of $10.00. The sales are in the area of $360,000.00 per annum. This business has a very low cost of sales for products. The major costs are the wages and rent. This could be run by a family with both parents working in the business which would cover most of the hours of operation.
This is full equipment business with excellent leasehold in place. The business is very attractive and does not require any changes. New owners can take over with out any additional costs.
Leaseholds and equipment on an appraisal would be in excess of $200,000.00
Contact Mr. Bill Conroy for more information at 403-346-7755
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Frozen Yogurt – Franchise - 5913 50 Ave, Red Deer, AB T4N 4C4, Canada