SOLD – Two Franchise Frozen Yogurt Shops
Two prime location franchise frozen yogurt stores in a premium outside mall outlets optimally placed for maximum growth in North Dallas are available for acquisition. Yumilicious is known as one of the best frozen yogurt brands with high-quality toppings for all of its products, and also offers products such as bubble tea and crepes to differentiate itself from other brands. The first location in The Village at Allen was established over a decade ago in 2009 and was later acquired in 2015 by the current owner of the business. The second location in Allen Premium Outlet was established in 2017 by the current owner of the business that has been operating this location to the present time. Most of the customers are individuals and families with children who visit the Open Malls for shopping from the entire DFW. A huge advantage of these businesses is that there is no competitor. These businesses dominate the yogurt market in the area as they are strategically located on either side of US 75 Highway and these two store are the only frozen yogurt store at each mall. In 2020, sales were down due to the impact of COVID-19, but from the beginning of 2021, sales were not only recovered to a normal level but also surpassed pre-COVID-19 sales. The second location was established by the current owner in 2017. The business has fully recovered from the pandemic on track to exceed $680,000 in 2021 from both locations, and the second store is continually growing, beating the previous pre-Covid year’s revenues every month. These two frozen yogurt businesses have great potential to grow. As covid-19 gradually recovers, the number of customers visiting these malls continues to increase. In particular, the Allen Premium Outlet has become more and more popular through recent renovations, attracting a large number of retail shoppers. Marketing toward mall customers will be extremely effective to draw many customers immediately to the business. Promoting the businesses by utilizing the App and social media outlets will be extremely beneficial to increase sales. This is a great opportunity to acquire 2 well-established franchise frozen yogurt businesses for a potential buyer who is willing to be more hands-on in the day-to-day operation and marketing to reach out to untapped areas of the cities.