Menchie's Frozen Yogurt Location

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$350,000+/- to Start New Franchise - Established Business for $150,000
Asking Price:
$150,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Menchie’s Frozen Yogurt serves a rotating selection of over 100 yogurt flavors and up to 80 different fruit, confection & treat topping options. Yogurt has always been considered a healthier frozen dessert alternative, but Menchie’s comprehensive offerings including dairy-free, low-carb, non-fat, gluten free & Kosher provide the business with a competitive advantage with consumers in the marketplace. The average transaction size at this store is $7.00 - $8.00 per person. The yogurt is sold in cups, waffle cones & pints-to-go. Cakes are sold at many Menchie’s locations and offer an opportunity to increase revenue & foot traffic at the store. Cost of goods expense ranges between 20 - 23% for yogurt & toppings resulting in 77 - 80% gross profit per order before labor, royalty, overhead, and occupancy costs. Customers can custom build the yogurt order to taste and pay for it by the ounce. The Menchie’s business model consistently achieves a higher per unit sale price than a fixed price menu.

Menchie’s is part of a nationally acclaimed, award winning franchise system that now supports more than 540 locations worldwide. In the $8 billion dollar yogurt industry, Menchie’s is the largest self- serve yogurt franchise in the world. A typical Menchie’s turnkey franchise startup costs $350,000-$450,000. The Menchie’s franchise costs associated with this sale includes a one-time Franchise Transfer Fee of $20,000. On-going monthly franchise royalties are paid at 6% of gross sales & monthly franchise advertising fees are paid at 2% of gross sales.

Additional information on the business can be found at www.menchies.com.

Bill Southwell, IBA's franchise resale specialist, is the lead broker for this business opportunity. He can be contacted directly at (425) 454-3052 or bill@ibainc.com.

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About the Sale

Training/Support:
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
Seller Financing:
The seller will finance 50% of the transaction for a qualified buyer

Listing Info

ID:
1477821
Ad Detail Views:
568

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