Simple answer is yes. Did that here for years.
Login as root or use sudo.
Change to the top of tree where you unzipped it.
Type ./install to run the install.
This can be done from an SSH session.
If you don't have the support for X11 Windows installed or your desktop (Windows PC) doesn't have an X11 Server, Yosemite runs in the terminal (xterm) session using the line-drawing characters to present an interface reminiscent of early 1990's GUI. (think Doggie Howser writing in his diary).
In the same vein, I wouldn't recommend using such a bare bones Linux as your Master Server. Not a criticism of YSB on Linux, but the limited installation and the YSB's GUI needs at least basic X11 support, a fixed width font and an X Server to do the usual graphics display, that becomes an unnecessary barrier in the worst-case scenario where a) you need to use the GUI on the master server because the network is down and c) YSB must rebuild your database.