Quality Frozen Desserts and Drinks business with a proven track record

South Barrington, IL
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Asking Price:$650,000
Gross Revenue:$641,865
Rent:$2,000/Month
FF&E:$293,000
Cash Flow:$216,119
Inventory:$26,400
EBITDA:$211,752
Established Year:2010
BUSINESS DESCRIPTION

This successful business is based in the northern suburbs of Chicago, specializing in yogurts and smoothies. It is perfectly located in an area with an average median income of $183,750 and a median listing home price of $749,900. The business sees a lot of foot traffic, and it's a hot spot with 90% repeat business.

Beyond frozen delights, the business diversified its menu to include popular beverages like bubble tea, milk tea, fruit tea, and so much more. They have something for just about everyone, and they have a significant following on social media platforms.

The space has state-of-the-art technology, so no future upgrades are needed.

Staffed with one manager and 10 team members who all work part-time. The owner works just 21 hours per week. This is a great opportunity for someone to begin their entrepreneurial journey.


DETAILED INFORMATION
Location
South Barrington, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1500 sq. ft. space located to a nearby gym. The current lease is renewed for 10 years.
Competition
Nearby competition but with a smaller menu of offerings.
Growth & Expansion
Website creation and advertising with local events will help draw more traffic.
Support & Training
The owner is willing to train and support based on a mutual agreement.
Reason for Selling
New adventure.
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Lance
Hines
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Lance Hines