Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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National Franchise Frozen Yogurt Shop in Prime Location
(Food Related)
Tarrant, Texas
Listed Price: $ 129,000
Listing ID: 000826

Listing DetailsDown Payment: $ 129,000
Gross Revenue: $ 322,145
Cash Flow: $ 49,066
FFE: $ 125,000 (Included in Price)
Inventory: $ 2,500 (Included in Price)
Reason for Sale:

Looking for other opportunities


Training & Support:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Nationwide franchise frozen yogurt shop located in prime location West Dallas is now available for sale. This reputable brand name frozen yogurt shop was established about 5 years ago in 2014 by the current owner of the business. This business occupied in a 1,453 SF space of retail strip center is conveniently located just off the highway in a super regional shopping center and the mall of this city which have many brand name national retailers and major restaurant chains. The corporate of this franchise frozen yogurt store has made over 200 unique flavors of frozen yogurt superior in quality, 16 of which are served at a time in each franchised store. Competition is expected for this frozen yogurt industry, but this business is the only frozen yogurt store within this retail shopping complex, and one direct competitor is beyond the immediate market area of this location. This franchise frozen yogurt is known as one of the best and largest franchise frozen yogurt brand in U.S. and has by far superior than any other competing brands in terms of high-quality products and services. Most of the customers are middle to upper-class families and a well mix of all ethnic groups that are from the surrounding densely populated residential neighborhoods as well as people coming to this prime shopping center. Gross sales of this frozen yogurt shop have been consistent for the last several years running at around $320,000-360,000 per year due to its prime location and some marketing regularly done by the franchisor. Although some marketing is in place through the franchisor, more of store-level proactive marketing method needs to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Starting a 3rd party delivery service such as Grubhub or Door dash to local area will boost the sales by reaching out to customers within untapped areas of the business. Marketing efforts on catering service to schools, companies, public agencies, etc can also greatly improve the sales as catering business has remained totally untapped by the current owner due to his absentee. This business has done very well with its ground works, poised for next level growth. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.


Competition:

Competition is expected for this business industry, but there is no direct competitor in the immediate market area. The business provides variety of over 200 flavors superior in quality with strong brand name. Also, this business is optimally placed within shopping mall district of the city which draws customers from adjacent cities.


Potential Growth:

Some marketing is in place through corporate, but other proactive marketing tailored to school, companies and public agencies for catering businesses will help generate more revenues.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1453
Facilities:

This business is located in a 1,453 SF retail strip center is anchored by a regional mall, national retailers, all placed next to one of the busiest highway in the city and is surrounded by densely populated residential neighborhoods and small retail shops. All equipment is in impeccable condition and in working order as well as new cloud based POS system has been updated.


OperationYear Established: 2014
Employees: 1FT/5PT
Absentee Owner: Yes