Studio City Area Yogurt Outlet w/Built-In Client Base
Studio City, CA
This San Fernando Valley Yogurt Outlet boasts a unmatched location with a built-in client base. What’s more, this well-established earner is part of what many consider to be a legendary concept that has amassed a remarkably loyal following due to its unique product offering and stellar customer service. In short, this is not ordinary yogurt shop. This has been part of a 36 year-old legacy and can represent the beginning of a similar journey for the next party.
This quaint 300 plus square foot outlet style facility leases for a remarkable $2,540 per month including its utility expenses. The business is on a 5-year lease with an option, however, a new lease will be granted with options to be negotiated in the sale. All of the business’s furniture, fixtures and equipment will be included in the sale, however the name is not owned or otherwise licensed. As such, new operators may choose to modify it at their discretion.
While competition exists at various levels for this popular product category, the business sets itself apart on several levels. To begin that venue occupies a unique mutually beneficial location that protects it from direct competition and helps to ensure monthly earnings stability. In addition, due to the company’s loyal following, dedicated patrons pass the typical traditional category competitors for this company’s unique creations. Moreover, location success over the past decades have proven the concept’s tenacity.
This shop was once the centerpiece of a formidable chain, however the founders have chosen to wind-down the breadth of operations over time, as location leases expired, shopping centers were demolished, attractive unsolicited purchase offers were made or ultimately the founders no longer sought to pursue aggressive growth or as multi-faceted an operation. New management, however, may capitalize on the company’s proven concept and customer embraced products to create an entirely new chain.
Seller will train for 4 weeks at 20 hours per week.