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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

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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.

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