Frozen Yogurt (Redlands) $85,000-"In Escrow"

Gross Sales are $254,848.00 the recent last 3 months sales have dropped and they are now back to 80% of monthly sales and increasing.
Net $26 k
Open 7 Days, Open 8+ Hours/Day
FULLTIME EMPLOYEES:  4
YEARS CURRENT OWNER:  5
REASON FOR SELLING:Retiring
absentee owner

Well Established Yogurt Shop in one of Redlands largest shopping Centers, with other major brands and JC Penny. Next to Rocky Mountain Chocolate, 5 Guys Burgers and other food service restaurants with a out side dinning court yard to share. Idea for a family run business. Business sale only, there is an option to renew the lease after current contract runs out. The Business was able to stay open during the shut down and is almost back to normal business activity.

The Landlord has agreed to extend the lease after the current 2yrs remaining for another 5 years
 options the rent increases 3% annually
  Unit is 887 sf in size.
​You can keep the Name and it is not a franchise. Cash Only purchase
The owner only goes in once per week on the average. The Manager and employees want to stay and the Owner will give a week of training.

It not a Franchise. The party that sold the 3 locations to the owner, created the name. He will allow the buyer to keep the name.. You can change the menu subject to the Landlord approval for the center. They do have records for up keep and can provide if we have a qualified buyer. 

  • What is the hourly wage of a Nubi's employee in Redlands? How many hours per shift? What are the total working hours per day? Could we see the employee schedules, please? (you could hide the employees' names before you share the information with us.) 
  • Answer : Please see the attachment. The Employee 1,2,3,4 is get paid $13/hour and Employee 5,6 is $14/hour now. (Business Hours is 11:30 am-9:30 pm and opening prep time start at 10:30 am now)
  • If we would like to keep the Nubi yogurt's name, could we add "and Beyond" at the end so it will be "Nubi® Yogurt and Beyond"? How do we get permission from the Nubi corporation?
  • Answer: You may use Nubi Yogurt name as long as the business is in the location and no restrictions to use other name.
  • If we keep the Nubi name, how do the existing marketing platform accounts (e.g., Facebook, Instagram, Website, Twitter) get transferred to us?
  • Answer : We really don't have any marketing platform. Nubi yogurt website is belong to the corporation, and they never been updated it.  We have Nubi Redlands Facebook which can be transferred It, but never been updated either.  No Instagram, No Twitter...
  • Are there any guidelines and restrictions to run the business under the Nubi name? (e.g., Business agreement with Nubi, terms of use, Do we buy frozen yogurt directly from the Nubi company? or who is the approved vendor?)
  • Answer: No guideline nor restrictions to run the business since this is private owned business not a franchise. We have been purchased through 2 venders to buy yogurts, toppings and etc.
  • Do you have the data of sales ranking by flavor at Nubi Redlands?
  • Answer: No, but we have a steady selling flavor can be provided.
  • Could you please share 5 years tax returns?
  • Answer: I have owned 3 stores under one corporation, so the tax return is for all 3 stores. The number are no meaningful in the tax return. I have included 2018,2019,2020 Nubi Redlands Sales Report

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