Two Franchise Frozen Yogurt Shops

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$375,000
Revenue
$782,439
Business Description

Two prime location frozen yogurt stores in a premium outside mall outlets optimally placed for maximum growth in North Dallas are available for acquisition. The first location was established in 2009 and later acquired by the current owner in 2015. 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. The immediate market area of these two frozen yogurt shops is getting increasing attractions and popularity from numerous retail shoppers within 25 miles of radius, especially the younger crowd. Each shop is conveniently placed very close to each other and subsequent to many areas with dense traffic throughout all days. A new addition to the menu, such as crepes and boba teas, is immensely helping the slower winter season for frozen yogurt as they are sought after throughout the year. These businesses have everything in place for a potential buyer to proactively market each location while fully involved in the day-to-day business operations. Listing ID #001086 For more info, please call Moon Kim at 1-866-519-2421. Location: Collin County, Texas Year Established: 2009 Number of Employees: 3FT/12PT Franchise: Yes Facilities: The first location is placed in a 1,502 SF high-end outdoor mall that is surrounded by many well-known brands known to focus on upper-class individuals. The second location is placed in a 963 SF open mall outlet that has been recently renovated and high-end businesses brought into the center. Market Outlook/ Competition: Although competition for this type of business industry is expected, each location of these businesses is the only frozen yogurt store in the area and dominates the market as a yogurt store. Growth & Expansion: Some marketing is in place through a 3rd party delivery service and word of mouth, but other proactive marketing methods need to be utilized to generate more revenues. Although there's minimal marketing done within each respective area, alternative marketing tactics within the local area need to be fully utilized to achieve the maximum sales potential possible for each location as well as attracting individuals from outside the current demographic. There are many ways to proactively market each business such as direct mailing, rewards program, stamp cards, in-house delivery service, flyers, student discounts, and full-time owner involvement. Having a full-time owner-operator at both businesses will tremendously help the quality of service provided at each location and help cut unnecessary payroll expenses spent on extra employee. The menu is also not limited to only frozen yogurt, but also unique beverages that no frozen yogurt stores provide elsewhere.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 2 weeks ago

Views: 5

Favorites: 0