Nationwide frozen yogurt franchise in a top-notch location in Upscale N. Dallas is available for acquisition. Established in 2010 by the franchisor and was later acquired by the current owner in 2016. Regardless of many competitors in this upscale area, this business hasn’t shown a decline in sales revenue as it’s located in a prime spot along with being a well-known franchise by young adults. Majority of the loyal customers consists of young adults (Female 70%/Male 30%) and families since this franchise is built upon accommodating all age groups. Currently in the epicenter of a high-income area, sales reflect the upper class individuals in the nearby community with yearly sales of $525,000-$575,000 which has been consistent for the past 3 years. The projected sale for 2016 is expected to be similar to 2015 even though no proactive marketing is done to grow the business. Proactive marketing in social media outlets would be an easy method to attract teens and young adults since a majority of advertisement is viewed online in this age group. This franchise is surrounded by strong commercial developments of retailers, corporate offices, and private schools which are untapped resources for potential revenue increase through catering. There are more than 100 tasty flavors, 16 of which are served at a time in the store. A total of 8 top of line frozen yogurt machines keeps these yogurts fresh and tasty. This is a great opportunity to acquire an existing nationwide self-serve frozen yogurt store located in the hub of upscale N. Dallas.
Furniture, Fixtures & Equipment: $140,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 2010
Facilities: Occupied in a 1,375SF retail center located in the prime location of upscale N. Dallas. The area this store is located is currently anchored by one of the largest U.S. grocery chain, national retailers, and a restaurant that has a national presence.Support/Training: Seller will provide training to new owner for a smooth transition, and moreover Buyer will have to attend training provided by Franchisor.
Reason Selling: Other Opportunities.
Competition: Being located in top-notched location of N. Dallas, the level of competition remains high, but revenues stayed consistent over the years regardless of the competitors.
Growth And Expansion: Proactive marketing is needed as there’s untapped marketing tactics which can be used to further enhance the sales of this business. Direct mailing is done in the local neighborhoods each year to promote this business and spread word of mouth to families with children.
Asking Price $295,000
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