Profitable Turnkey Froyo Acquisition Opportunity in the Peninsula

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Beautiful shop in great location with significant growth potential!
Asking Price:
$60,000

Gross Revenue:
$160,000
Cash Flow:
$29,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
$100,000
included in asking price

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Business Description

Own a Rewarding Business with low overhead at Peninsula Town Center in Hampton where all the action is! True Turn Key and priced to sell!
Great acquisition opportunity for first time owner/operator. Simple franchise business model proven to be very successful. Starting one from the ground up would cost twice as much.
All equipment and full training is included in price! Strong Franchisor support and a protected territory.
Seller owns 3 other locations and lives out of town, they've been unable to give this location enough attention.

The Skinny Dip Frozen Yogurt Bars have loyal customers and reputation for its high-quality treats and great service. Fun & friendly environment and the best froyo everyone loves!
The Skinny dip is always looking to increase revenues for its owners, adding options to better serve their loyal customers, and are now serving smoothies! In addition to cupcakes, floats, gelato, coffee and more.
The Skinny Dip has been serving delicious & nutritious treats ever since opening the first location in May 2008.. It has quickly become a household name and the favorite of families all across the 757 and MARKET LEADER!
Voted Hampton Roads Magazine’s Best of 757, Virginia Living Magazine Best Dessert, Coastal Virginia Magazine Best Ice Cream/Frozen Yogurt as well as the Virginian Pilot Newspaper Best of the Best!

The Skinny Dip carries premium yogurt flavors made with only the finest ingredients to suit the needs of all of its customers. A variety of flavors which always include non-dairy and low sugar options. There are also over 60 toppings on the toppings bar which range from fresh cut fruit to nuts, candy and cereal.

About the Business

Year Established:
2017
Number of Employees:
6
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,432
Rent:
$3,072.00 Per Month
Lease Expiration:
9/30/2022
Facilities:
Facility is very spacious and with customer waiting area. Busy shopping area. All equipment is included.
Website:
ilovetheskinnydip.com/
Market Outlook/
Competition:
Market leader and Prime location! The frozen yogurt industry offers a dynamic array of flavors and experiences and is a sought-after dessert treat in it’s own right. In fact according to a recent survey by Statistic Brain, nearly 80% of American consumers prefer frozen yogurt to ice cream, gelato and other popular frozen treats. Business has been booming for the past decade, driven by strong consumer interest in healthier dessert alternatives and innovative product offerings. While we are now starting to see some consolidation among the many chains that have risen to take advantage of strong demand, opportunities still abound for the entrepreneur.
Growth & Expansion:
Frozen Yogurt continues to expand market share as a healthy alternative to ice cream. A fun and affordable family destination for - Relaxed family desserts -Celebrating a sports game win or loss -After movie treat -Impulse craving after shopping -Quality products and great variety of options including cupcakes, gelato, floats and more...Healthy options, One Stop Shop for Sweets with affordable prices.
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About the Sale

Reason For Selling:
Seller owns 3 other locations and lives out of town, unable to give attention
Training/Support:
Full initial training and ongoing training provided by Franchisor.
Seller Financing:
Franchise Transfer fee to be added

Listing Info

ID:
1598623
Ad Detail Views:
0

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Business Listed by

Yeliv-Jill Adams

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U.S. Census Data for Hampton city, Newport News city and Poquoson city Counties, VA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Hampton city, Newport News city and Poquoson city Counties, VA
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Source: American Community Survey (2010-2014), United States Census Bureau.

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