Status: Active
Award Winning Nitrogen Frozen Yogurt and Ice Cream Shop - Listing #: 57753
| *May Qualify For Visa* | |
| Category | : | Ice Cream/Yogurt/Ice | SIC | : | 2024 | |
| Detail | : | Ice Cream & Yogurt | Price | : | 220,000 | |
| County | : | Miami-Dade | Down | : | 220,000 | |
| State/Prov | : | Florida | Disc Earn | : | 49,856 | |
| Country | : | USA | Sales | : | 283,356 |
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This award-winning Miami, Florida based Nitrogen Yogurt and Ice Cream business was established in 2018 and is being offered for an asking price of $220,000. Serving deliciously creamy nitrogen ice cream, the shop also offers crepes, fried churros, and ice-cold beverages. The sellers are ready to divest this location and downsize and have set the next owner up for success with established processes and easy operations. |
| Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
| : | Cash Flow: N Balance Sheet: N |
| : | Standard Agreement: N Signature on File: Y |
| Reason for Sale | : | Divesting location, too much driving between businesses |
| General Location | : | Miami |
| Organization Type | : | 'LLC' Hours Owner Works: 6 |
| : | Years Established : 7 Years Owned: 7 Emp FT: 3 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 20 Years: 3 Weeks Training: 2 Cost: $0 |
| Operating dys/hrs | : | 1:00PM-11:00PM (Sun.-Thur.) 1:00PM-12:00AM (Fri.-Sat.) |
| Skills/Licenses | : | MIAMI DADE DERM - MIAMI DADE LOCAL LICENCE |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: Y May Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | Tax Return | |
| Year (Cash Flow) | 2024 (N) | 2023 (N) | 2022 (N) | |
| Gross Revenue | 283,356 | 367,020 | 342,440 | |
| Cost of Goods | 140,325 | 171,757 | 149,408 | |
| Gross Profit | 143,031 | 195,263 | 193,032 | |
| Expenses | 120,233 | 182,475 | 170,327 | |
| Net | 22,798 | 12,788 | 22,705 | |
| Owner Salary | 11,465 | 26,800 | 26,400 | |
| Benefits | 5,805 | 17,254 | 17,966 | |
| Interest Expense | 0 | 0 | 0 | |
| Depreciation | 7,847 | 7,856 | 10,987 | |
| Other | 1,941 | 1,941 | 1,941 | |
| Discretionary Earnings | 49,856 | 66,639 | 79,999 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 1,000 | Y* | ___________ | 0 | N* |
| F F & E | 131,500 | Y* | Total Assets | 132,500 | Y* |
| Leasehold | 0 | Y* | *Included? |
| Lease/Month: 3,949 | Square Footage: 1,100 | Building Type: Strip Center |
| Terms & Options: New long-term lease avail | Expiration Date: 10/29/2027 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |