Popular Frozen Yogurt Shop Affluent Western Suburb-Near Movie Theater!

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Asking Price:
$132,000

Gross Revenue:
$343,831
Cash Flow:
$41,679
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Offering their signature soft serve frozen yogurt & sorbet, premium hand-scooped frozen yogurt, smoothies, shivers, chillers and frozen coffee drinks. Also delicious sundaes, splits, parfaits, milk shakes and sorbet fizz. Along with gourmet frozen yogurt cakes and pies. Gift card and rewards program.

Boasts six state-of-the-art self-serve yogurt machines serving a wide variety of rotating flavors, a large toppings bar and a multitude of sauces.

Modern, colorful palette and chic interior decor.

Prime retail space in a busy shopping center with great dining and shopping, as well as beauty and wellness. Featuring numerous national tenants including Panera, Potbelly, Starbucks, Biaggi's, Houlihan's, Massage Envy and more. In addition to a 16-screen AMC Theater with 3,100 seats and over 750,000 movie goers per year. Easy access and ample parking. At a major intersection with high traffic counts of 53,000+ vehicles a day. Also close to the high school, hospital and lots of residential.

Perfectly situated in an affluent, dynamic and growing suburb just 30 minutes west of downtown Chicago. Has recently been chosen as the most desirable place to live according to an NBC 5 Chicago Poll.

Priced well below the build out cost of a new unit, typically $350,000 or more. Absentee owner operator.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed by Ted Aretos at EatZ & Associates

About the Business

Year Established:
2012
Number of Employees:
4-8
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,833
Lease Amount/Mo.:
$5,207.00
Lease Expiration:
3/1/2022
Facilities:
Leased space $5,207/mth includes rent, CAM, insurance and taxes. Current lease expires in Mar 2022 with two 5-year options. Square Feet: 1,833. Seating: 20. Days/Hrs of Operation: Su-Th 11a-9:30p & Fr-Sa-11a-10p.
Market Outlook/
Competition:
A pioneer in frozen yogurt. The country's best yogurt. America's favorite fro-yo. Their products are made with real dairy yogurt, live active cultures, or "probiotics" and are always low in fat and trans-fat free. A national frozen yogurt franchise with excellent brand name recognition. Outpaces all frozen yogurt brands in consumer awareness. Has the highest positive brand impression among its competition. Is the most frequently visited frozen yogurt store. Has created a legacy of great tasting, healthy frozen desserts for the past 37 years.

This well-known store has a loyal following in the area. There is also limited competition within a 4-5 mile radius. Great Yelp/Google/Facebook reviews coupled with a strong brand help to drive repeat customers.
Growth & Expansion:
The first powerhouse brand loved by customers. Still the category leader in the $8 billion dollar "Fro-Yo" industry. First shop opened in1981, started franchising in 1982, currently 400+ locations worldwide. Leader in the market in nutrition, taste and new product innovation. Frozen yogurt has seen much growth through the years and will continually grow due to the demand from more health-conscious consumers. 90% of Americans regularly consume frozen desserts and 79% prefers frozen yogurt before ice cream. Frozen yogurt is expected to growth an additional 28% by 2019!

A fantastic opportunity to own your own franchise with a company that has stood the test of time and has continually adapted to meet their customer's needs.
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About the Sale

Reason For Selling:
Downsizing multiple holdings.
Training/Support:
Corporate will provide the initial training which includes classroom training, as well as 30 hours in-store.
Seller Financing:
No

Listing Info

ID:
1477002
Ad Detail Views:
253

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Business Listed by

Ted Aretos

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates

U.S. Census Data for Will County, IL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Will County, IL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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