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Menchie's Frozen Yogurt
Menchie's Frozen Yogurt shop is part of a $8 billion industry with strong growth. The business is located in a busy strip center on a major street in West Houston. The facilities seats 22 inside and 8 on the outside patio. The shop offers 12 self-serve flavors of frozen yogurt with a large condiment bar for adding fruits, nuts, and candy. They do some catering, but this has great potential for growth catering for kids birthday parties, childcare centers, local schools, and company parties promoting healthy snacks. Approximately 70% of the business is done from 7 PM to 10 PM. A major car wash next door helps draw traffic to the shop. The business appeals to families with children and people who seek a happy, friendly frozen dessert experience.
Listed By: Jeffrey Jones
Background information
Reference:
82563
Year established:
October 2015
Reason selling:
The owner has another shop and no time to operate both stores.
Finance
Sales:
$181,000
Profits:
-$14,000
Profit type:
Discretionary Earnings
Operations
Employees:
5 part-time & 1 FT Manager.
Inventory:
$4,500
Furniture fixtures and equipment:
$125,000
Premises
Square footage:
1,600
Rent and lease terms:
$4,272 P/M. Now on a month to month basis. A new lease is available
Price and terms
Price:
$150,000
Down payment:
$75,000
Financing:
Seller Financing: $75,000 cash down and Seller Note for $75,000 payable over 60 months at 6% interest = $1,449.96 P/M.
Training:
Provided by the franchisor and owner.




