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Two prime location frozen yogurt stores in premium outside mall outlets optimally placed for maximum growth available for acquisition. The main location was established nearly a decade ago in 2009 and was later acquired in 2015 by the current owner of the business. The second location 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 upper-class families with children that live in the surrounding densely populated residential neighborhoods and many pedestrians that walk around the outside mall to casually shop. Net sales for 2018 is on track to exceed $680,000/year from both locations, newer store of each is still rapidly growing due to the renovation of the premium mall outlet as well as the area being very popular to the younger crowd. Although there's minimal marketing done within each respective area, alternative marketing tactics within the local area needs to be fully utilized to achieve the maximum sales potential possible for each location as well as attracting individuals from outside the current demographic. Competition is expected for this type of business industry, but each location of these businesses is the only frozen yogurt shops in the area and dominates the premium outside mall outlets by providing products other retail businesses doesn't include in their menu. 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 hiring management. The menu is also not limited to only frozen yogurt, but also unique beverages that no frozen yogurt stores provide elsewhere. Location of each business is conveniently placed very close to each other and next to many areas that has dense traffic throughout all times of the day. A new addition to the menu has also been added to increase winter sales as frozen yogurt is out of season during cold seasons and crepes is sought after throughout all times of the year. These businesses have everything in place for a potential buyer to proactively market each location while being fully involved in the day-to-day business operations.
The main location placed in a 1,502 SF high-end outdoor mall that surrounded by many well-known brands known to focus on upper-class individuals. The second location placed in a 963 SF premium mall outlet that has been recently renovated and high-end businesses brought into the center.
Some marketing in place through a third party delivery service and word of mouth, but other proactive marketing methods needs to be utilized to generate more cash flow.
There are no competitors within the immediate market area as these frozen yogurt shops dominate the area.
The owner of these businesses will provide the necessary training needed to smoothly transition into both business operations.
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience. Seller financing option also available for qualified buyers with $300,000 cash down.
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