Menchie's Frozen Yogurt Shop
National award winning franchise specializing in frozen yogurt. Customers can customize their own frozen yogurt treat with a large variety of toppings, and enjoy custom decorated frozen yogurt cakes for any occasion. Catering opportunities for birthday parties and special events. This shop is in excellent condition and is anchored by nearby shops such as Kroger, MOD Pizza, Chipotle, Wendy's and Taco Bell in a shopping center on the East Beltway 8. It has 6 double-flavor Taylor yogurt machines, walk-in-cooler and walk-in-freezer, high-fidelity music system, point of sale register, seating 20 inside and has outside patio area. The shop has been operating with a local manager and an overseas absentee owner who now needs to sell because the manager left. Franchise fee is 6% and advertising fee of 2%. The shop has been open about 3 1/2 years and sales have grown each year. Training is provided by the franchisor and the business qualifies for a SBA loan.
Listed By: Jeffrey Jones
Background information
Reference:
82487
Year established:
2018
Reason selling:
Seller has several other businesses and no longer has time for this business.
Finance
Sales:
$327,388
Profits:
$48,868
Profit type:
Discretionary Earnings
Operations
Employees:
5 Part-time
Equipment:
Includes, tables, chairs, walk-in-cooler & freezer, POS system, security cameras, & 6 double-flavor yogurt machines.
Inventory:
3000
Premises
Facility:
Facilities include kitchen area, dining room area, and patio area.
Square footage:
1,530
Rent and lease terms:
Gross rent $6,100 P/M. Lease expires 3/2/26 with 3 year option to renew.
Location:
The shop is located in a neighborhood Kroger Shopping Cener
Price and terms
Price:
$146,000
Down payment:
$29,200
Financing:
$29,200 cash down and New SBA Loan for $116,800 payable over 120 months at 7.5% interest = $1,386.44 P/M
Training:
Provided by franchisor and by Seller as needed.