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Businesses For Sale > Business For Sale in Farragut, Tennessee (TN)

Ice Cream and Yogurt Store for sale in Farragut, TN

Farragut, Tennessee (TN)

Asking Price: Gross: Cash Flow:
$ 110,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$ 110,000 (included in the asking price)

Inventory Value:
$ 10,000 (included in the asking price)

Business Summary:
This is your opportunity to purchase this fully furnished and equipped ice cream and yogurt store for less than cost. The store is in an excellent location and was formerly a TCBY. As a TCBY in 2008 and 2009 it had annual sales in excess of $380k. The store was closed during 2010 and the present owner reopened the store without a franchise affiliation in January 2011. In addition to the school traffic; the store is within site of Kingston Pike which has a traffic count of 100,000 cars per day and is adjacent to a McDonalds and KFC. The store sells a large variety of ice cream and yogurt as well as smoothies, coffee, and a limited breakfast sandwhiches and lunch menu. The store has good parking as well as drive thru service. This is a Great Opportuntiy. Call Now!

 

   
Year Business was Established: 2011
   
Number of Employees: 4  
   
Facilities / Terms of Lease: Everything is in place to run this business. This store operates out of an 1,850 sq ft end cap in a large strip center. The initial lease on this space expires in January 2014 with and option for an additional five years. The rent is $2,600 per month.  
   
Competition: The store is in an excellent location. The store is on the street providing primary access to Farragut's public elementary, middle school, high school and associated athletic filelds. Over 4000 students attend these schools daily!  
   
Owner willing to finance: Seller will finance with $50k Cash at Close  
   
Owner willing to train: Seller will provide 30 days training.  
   
Reason for selling: Other business interests  
   
Seller Reference Number: BM1018
BusinessMart.com Listing Number: 107860
 

 

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