Scottsdale Restaurants For Sale
Profitable Absentee Yogurt Business - Well Established - Great Product
This profitable yogurt shop has operated for 5 years and has established itself as one of the top quality frozen desert businesses in the area, not just serving yogurt but also custards, with unique formulas and flavors.
Each of the past 3 years sales have been growing steadily while margins have been increasing, netting the owners of this store nearly 25% to the bottom line as absentee operators and 32% as owner operators if that's what you'd like to do. 2014 Revenues were $282,000 while absentee net income was $73,000 and Seller's discretionary income was about $93,000.
This Shop is Located in the heart of Scottsdale! The inside space is 1,305 Sq. Ft. seating 25 customers with an outside patio of about 900 Sq. Ft. that seats about 20 customers.
Seller is going back to a professional career and needs to sell now! This is priced well below market in order to sell it fast. Serious buyers only with good credit and plenty of working capital will be considered.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Financials
Operations
Friday-Saturday 11am-11am
Facilities
Highlights
- Six Years in Business
- Steady Revenue Growth
- Growing Profit Margins
- Wonderful Reputation for Quality & Service
- Excellent North Scottsdale Location
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 47,262 | 181,485 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 18,478 | 72,390 |
| 2010 Persons Per Household | 2.45 | 2.35 |
| Median House Value | $354,200 | $275,475 |
| Income Per Household | $90,718 | $70,660 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,931 | 7,712 |
| 2012 Number Of Employees | 45,240 | 222,780 |
| 2012 Total Annual Payroll | $1,119,144,000 | $4,294,967,295 |
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Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.